A financial analyst wanted to estimate the mean annual return on mutual funds. A random sample of 60 funds' returns shows an average rate of 12%. If the population standard deviation is assumed to be 4%, the 95% confidence interval estimate for the annual return on all mutual funds is
A. 0.037773 to 0.202227
B. 3.7773% to 20.2227%
C. 59.98786% to 61.01214%
D. 51.7773% to 68.2227%
E. 10.988% to 13.012%
Answer: E. 10.988% to 13.012%
Step-by-step explanation:
Given;
Mean x= 12%
Standard deviation r = 4%
Number of samples tested n = 60
Confidence interval is 95%
Z' = t(0.025)= 1.96
Confidence interval = x +/- Z'(r/√n)
= 12% +/- 1.96(4%/√60)
= 12% +/- 0.01214%
Confidence interval= (10.988% to 13.012%)
Answer:
Vertex: (1, -4)
intercept: (-3, 0)
Step-by-step explanation:
lets be real, you don't care about an explanation you just want the answer.
BUT... the vertex is the Y line and the Intercept is the X line
Answer:
12.5
Step-by-step explanation:
(7/2) = 3.5
(3.5)^2 = 12.5
Answer:
Step-by-step explanation:
-3 = 2x+6y
2x+6y = 0
By transitivity, -3 = 0, a contradiction. No solution.
If you graph the lines, you will see they are parallel, therefore never intersect.