Answer: point estimate = 3.88
Margin of error = 0.63
Step-by-step explanation:
Confidence interval is written in the form,
(Point estimate - margin of error, Point estimate + margin of error)
The sample mean, x is the point estimate for the population mean. Let m represent the margin of error. Since the confidence interval is given as (3.25 , 4.51), it means that
x - m = 3.25
x + m = 4.51
Adding both equations, it becomes
2x = 7.76
x = 7.76/2
x = 3.88
Substituting x = 3.88 into x + m = 4.51, it becomes
3.88 + m = 4.51
m = 4.51 - 3.88
m = 0.63
112 dallors interest beca0.02x + 0.04(800) = 112 0.02x + 0.04(x + 800) = 112 0.04x + 0.02(x + 800) = 112 use
Let, the number = x
It would be: x² = 1/4
x = √1/4
x = 1/2
In short, Your Answer would be 1/2
Hope this helps!
Answer:
$400 Altogether.
The main half of 4 is 2 , so I think they all collected 400 Dollars
so if it was 200 for Ben and collected 7 time than what he actually did
so 200 × 7
= $1400
