Your answer would be 45
X
Answer:
A... .................. ....
Answer:
a) (59180,60820)
b) (59020,60980)
Step-by-step explanation:
We are given the following information in the question:
Mean, μ = $60,000
Standard Deviation, σ = $5,000
Sample size, n = 100
a) 90% critical values
Putting the values, we get,

b) 95% critical values
Putting the values, we get,

Using the recursion equation, it is found that the value of the 2nd iterate is:

<h3>What is the recursive equation?</h3>
The value of the nth iteration is given by:

The initial estimate is:

Hence, the 1st iterate is given by:

The 2nd iterate is:

Thus, the fourth option is correct.
You can learn more about recursive equations at brainly.com/question/6561461
121/100 is the answer. it cant be simplified anymore