Determining confidence interval evaluate for average number

Assignment Help Basic Statistics

Reference no: EM1323298

Q1) What is the amount of monthly payment required for sinking fund to reach $50,000 with 7.9% compounded quarterly for 2.5 years?

i) $4,242.68

ii) $3,781.43

iii) $4,571.55

iv) $4,000.00

Q2) What is the payment required to amortize loan of $5500 at 12.5% compounded monthly for 24 payments?

i) $3,125.00

ii) $260.19

iii) $1,375.00

iv) $557.52

Q4) Car dealership is advertising sale which offers 0% financing for 60 months or cash back of $3500 on a certain car. If the car is selling for $31,500 what are the payments for the 0% financing option and what are the payments for the cash back option if you receive 5.5% financing for the same 60 months.

i) 0% - $525.00, 5.5% - $437.33

ii) 0% - $525.00, 5.5% - $534.83

iii) 0% - $6,300.00, 5.5% - $734.835

iv) 0% - $525.00, 5.5% - $601.72

Q5) Lawyer researched average number of years served by 45 different justices on Supreme Court. Average number of years served was 13.8 years with standard deviation of 7.3 years. Determine 95% confidence interval evaluate for average number of years served by all Supreme Court justices?

Reference no: EM1323298

Questions Cloud

What is the final pressure of the gas : The electric field everywhere on the surface of a thin spherical shell of radius 0.780m is measured to be equal to 940 N/C and points radially toward the center of the sphere.

How will water condensation on the outside of the inner cup : Two point charges Q1=+5.00 nC and Q2= -3.00 nC are separated by 35.0cm. (a) What is the electric potential at a point midway between the charges? (b) What is the potential energy of the pair of charges? What is the significance of the algebraic si..

Determining rms. error for regression prediction : Determine r.m.s. error for regression prediction of height at 18 from height at 6.

Results of his neural activity graphed : The results of his neural activity are graphed.

Determining confidence interval evaluate for average number : Determine 95% confidence interval evaluate for average number of years served by all Supreme Court justices?

How far away is corresponding image : A rectangular block of ice 9.00 m on each side and 0.7 m thick floats in sea water. The density of the sea water is 1025kg/m3. The density of ice is 919kg/m3. How high does the top of the ice block float above the water level.

Ecological system theory : Referring to ecological system theory, explain why parents of children with genetic disorder have increased stress. What factors, within and beyond the family, can help these parents support their children's development?

Determining future value of annuity : Determine future value of annuity due which has $750 deposited at the starting of each month for 15 years at 5.9% compounded monthly.

Report based on a hypothetical research study : Write a research report based on a hypothetical research study. Conducting research and writing a report is common practice for many students and practitioners in any of the behavioral sciences fields.

User Account

All Pages