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Monica [59]
3 years ago
7

A sum of money doubles itself in 16 2 years at certain rate of simple interest. How long will it take to double itself at the sa

me rate of compound interest.​
Mathematics
1 answer:
Viefleur [7K]3 years ago
6 0

Answer:

r=40% or .4

Step-by-step explanation:

32=16(1+r)^2

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There are big spenders among University of Alabama football season ticket holders. This data set Roll Tide!! shows the dollar am
Bas_tet [7]

Using the z-distribution, as we have a proportion, the 95% confidence interval is (0.2316, 0.3112).

<h3>What is a confidence interval of proportions?</h3>

A confidence interval of proportions is given by:

\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}

In which:

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  • z is the critical value.
  • n is the sample size.

In this problem, we have a 95% confidence level, hence\alpha = 0.95, z is the value of Z that has a p-value of \frac{1+0.95}{2} = 0.975, so the critical value is z = 1.96.

We also consider that 130 out of the 479 season ticket holders spent $1000 or more at the previous two home football games, hence:

n = 479, \pi = \frac{130}{479} = 0.2714

Hence the bounds of the interval are found as follows:

\pi - z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.2714 - 1.96\sqrt{\frac{0.2714(0.7286)}{479}} = 0.2316

\pi + z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.2714 + 1.96\sqrt{\frac{0.2714(0.7286)}{479}} = 0.3112

The 95% confidence interval is (0.2316, 0.3112).

More can be learned about the z-distribution at brainly.com/question/25890103

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Evaluate the expression when m=25 and n=2
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Answer:

what the expression, lmk in comments and then i will help you :)

Step-by-step explanation:

4 0
3 years ago
The graph shows a probability distribution. What is P(1.5 ≤ X ≤ 3)? Enter your answer, as a decimal, in the box.
Bumek [7]
The probability from 1.5 ≤ x ≤ 3 can be calculated by dividing the Area from x=1.5 to x=3 by the total Area of the distribution. 

The given distribution is rectangular shaped, so its Area will be = Length x Width = 1 x 3 = 3 square units

From x = 1.5 to x = 3, the length is 1.5 and width is 1. So the area between these two intervals = 1.5 square units.

Thus, <span>P(1.5 ≤ X ≤ 3) = 1.5/3 = 0.5
</span>
5 0
3 years ago
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