En. Amwar wants to buy a house within 3 years, and is currently saving for down payment. He plans to save RM5,000 at the end of the first year, and anticipate that the annual savings will increase by 10% annually thereafter. The expected annual return is 7%. How much will En. Amwar have for down payment at the end of year 3?
Answers
Answer:
random sample from a population. Before performing a statistical inference, what should you do?
b) The following data displays the budgets, in dollars, of 45 randomly sampled home improvement jobs in the United States.
3179 1032 1822 4093 2285 1478 955 2773 514
3915 4800 3843 5265 2467 2353 4200 3146 551
2659 4660 3570 1598 2605 3643 2816 3125 3104
4503 2911 3605 2948 1421 1910 5145 4557 2026
2750 2069 3056 2550 631 4550 5069 2124 1573
i. Obtain a 95% confidence interval for the population mean budget, μ, for such home improvement jobs and interpret your result in words. Assume that the population standard deviation of budgets for home improvement jobs is $1350.
ii. How would you decide whether budgets for such home improvement jobs are approximately normally distributed?
iii. Must the budgets for such home improvement jobs be exactly normally distributed for the confidence interval that you obtained in part (i) to be approximately correct? Explain your answer.
. Identify the steps involved in achieving improvement in communication within the organization
(A) Sending messages. Use of multiple channels, Promoting inter-group communication
(B) Simple messages, Use of multiple channels, promoting inter-group interaction
(C) Simple messages. Use of multiple channels, promoting inter-group communication
(D) Simple messages, Use of multiple methods, promoting inter-group communicationrandom sample from a population. Before performing a statistical inference, what should you do?
b) The following data displays the budgets, in dollars, of 45 randomly sampled home improvement jobs in the United States.
3179 1032 1822 4093 2285 1478 955 2773 514
3915 4800 3843 5265 2467 2353 4200 3146 551
2659 4660 3570 1598 2605 3643 2816 3125 3104
4503 2911 3605 2948 1421 1910 5145 4557 2026
2750 2069 3056 2550 631 4550 5069 2124 1573
i. Obtain a 95% confidence interval for the population mean budget, μ, for such home improvement jobs and interpret your result in words. Assume that the population standard deviation of budgets for home improvement jobs is $1350.
ii. How would you decide whether budgets for such home improvement jobs are approximately normally distributed?
iii. Must the budgets for such home improvement jobs be exactly normally distributed for the confidence interval that you obtained in part (i) to be approximately correct? Explain your answer.
. Identify the steps involved in achieving improvement in communication within the organization
(A) Sending messages. Use of multiple channels, Promoting inter-group communication
(B) Simple messages, Use of multiple channels, promoting inter-group interaction
(C) Simple messages. Use of multiple channels, promoting inter-group communication
(D) Simple messages, Use of multiple methods, promoting inter-group communication. Identify the steps involved in achieving improvement in communication within the organization
(A) Sending messages. Use of multiple channels, Promoting inter-group communication
(B) Simple messages, Use of multiple channels, promoting inter-group interaction
(C) Simple messages. Use of multiple channels, promoting inter-group communication
(D) Simple messages, Use of multiple methods, promoting inter-group communication