Answer:
A t-score of 1.701 should be used to find the 95% confidence interval for the population mean
Step-by-step explanation:
The first step to solve this problem is finding how many degrees of freedom, we have. This is the sample size subtracted by 1. So
df = 29 - 1 = 28
Now, we have to find a value of T, which is found looking at the t table, with 28 degrees of freedom(y-axis) and a confidence level of 0.95(
). So we have T = 1.701.
A t-score of 1.701 should be used to find the 95% confidence interval for the population mean
The formula for this is I = PRT
I = Interest
P = Principal (starting amount) = $50,000
R = Rate (percentage) = 8% = .08
T = Time in years = days/years = 111/365
I = 50000(.08)(111/365)
I = $1216.438
I = $1216.44 (rounded)
Answer:
The equation of the line parallel is 6x - 5y = - 36