Hi there,
3.89% - 3.49% = 0.40%
Hence, it increased by 0.40%
Hope this helps :)
Answer:
A) 63.36 years.
B) 100.42 years.
Step-by-step explanation:
We have been given that the population of the world was 7.1 billion in 2013, and the observed relative growth rate was 1.1% per year.
A) Since we know that population increases exponentially, therefore we will use our given information to form an exponential model for population increase and then we will solve for the time by which our population will be double.


Now let us solve for t using logarithm.



Therefore, it will take 63.36 years the population to be double.
B) Now we will find the number of years it will take the population to be triple of its size.


Now let us solve for t using logarithm.



Therefore, it will take 100.42 years the population to triple of its size.
Answer:
E) we will use t- distribution because is un-known,n<30
the confidence interval is (0.0338,0.0392)
Step-by-step explanation:
<u>Step:-1</u>
Given sample size is n = 23<30 mortgage institutions
The mean interest rate 'x' = 0.0365
The standard deviation 'S' = 0.0046
the degree of freedom = n-1 = 23-1=22
99% of confidence intervals
(from tabulated value).





using calculator

Confidence interval is


the mean value is lies between in this confidence interval
(0.0338,0.0392).
<u>Answer:-</u>
<u>using t- distribution because is unknown,n<30,and the interest rates are not normally distributed.</u>
Answer:
1, 10
Step-by-step explanation: