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%)
Well just substitute y (the first equation) into the second equation.
So
5x-4(5-3x)=-3
Then just solve the equation from there.
5x-20+12x=-3
17x=17
x=1
and if you need y, y=2
Answer:
Step-by-step explanation:
Hello,
Let's follow the instructions !
Step 1
g(x)=k*f(x)=k*|x|
We know that the point (2,6) is on the graph so 6=g(2) meaning:
6=k*|2|=k*2
*** divide by 2 both sides ***
k = 6/2 = 3
Step 2
g(x)=3*|x|
Hope this helps.
Do not hesitate if you need further explanation.
Thank you
Answer:
A ................................