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kap26 [50]
2 years ago
12

Solve the simple interest formula, I = Prt, for P. (2 points)

Mathematics
2 answers:
Maru [420]2 years ago
7 0

Answer:

t= i/pr

Step-by-step explanation:

We were given that the amount of simple interest earned is given by the formula, i= prt

The above formula is an example of a literal equation.

We want to solve this formula for T.

But we can observe that the product of two letters  are multiplying the letter T.

So we multiply both sides of the literal equation by the reciprocal of PR witch is 1/PR to obtain, I*1/PR=*PRT

This implies that, i/pr=t

We can rewrite this as, t=i/pr

Therefore the correct answer is C.

mariarad [96]2 years ago
7 0
P equals I over r t
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8.2-2.58\frac{2.2}{\sqrt{18}}=6.86    

8.2+2.58\frac{2.2}{\sqrt{18}}=9.54    

So on this case the 90% confidence interval would be given by (6.86;9.54)    And the error is given by:

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Step-by-step explanation:

Previous concepts

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".

The margin of error is the range of values below and above the sample statistic in a confidence interval.

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

\bar X=8.2 represent the sample mean for the sample  

\mu population mean (variable of interest)

\sigma=2.2 represent the population standard deviation

n represent the sample size  

Solution to the problem

The confidence interval for the mean is given by the following formula:

\bar X \pm z_{\alpha/2}\frac{\sigma}{\sqrt{n}}   (1)

Since the Confidence is 0.90 or 90%, the value of \alpha=0.1 and \alpha/2 =0.005, and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-NORM.INV(0.005,0,1)".And we see that z_{\alpha/2}=2.58

Now we have everything in order to replace into formula (1):

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So on this case the 90% confidence interval would be given by (6.86;9.54)    And the error is given by:

ME= 2.58\frac{2.2}{\sqrt{18}} =1.338

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