If a town with a population of 10,000 doubles in size every 17 years. What will the population be 68 years from now?
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Answer:
T = 4.541
Step-by-step explanation:
We don't have the standard deviation for the population, so we use the t-distribution.
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 = 4 - 1 = 3
98% confidence interval
Now, we have to find a value of T, which is found looking at the t table, with 3 degrees of freedom(y-axis) and a confidence level of . So we have T = 4.541