The annual interest that can be earned through investment of an amount at a simple interest can be calculated through the equation,
I = P x (i)
where I is interest, P is the principal amount, and i is the decimal equivalent of the interest.
Let x be the amount deposited with 3.5% interest. With this representation, the amount deposited with 5.5% is 5800 - x.
The linear equation that would represent the given scenario is,
x(0.035) + (5800 - x)(0.055) = 283
Simplifying the equation,
0.035x + 319 - 0.055x = 283
Combining like terms,
-0.02x = -36
Dividing by -0.02,
x = 1800
$5800 - x = $5800 - $1800 = y
y = $4000
Hence, the value that should be deposited to the 5.5% is $40000.
Answer: The 90% confidence interval for the population mean μ is between 82.85 and 85.15,
Step-by-step explanation:
When population standard deviation is not given ,The confidence interval population proportion is given by (
):-
, where n= Sample size.
s= Sample standard deviation
= sample mean
t* = Critical t-value (Two-tailed)
As per given , we have
n= 64
Degree of freedom : df = n-1=63
s= 5.5
Significance level : 
Two-tailed T-value for df = 63 and
would be
(By t-distribution table)
i.e. t*= 1.669
The 90% confidence interval for the population mean μ would be

∴ The 90% confidence interval for the population mean μ is between 82.85 and 85.15,
Answer:
Step-by-step explanation: