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Get Full Access to Contemporary Mathematics - 6 Edition - Chapter chapter 17 - Problem 9
Get Full Access to Contemporary Mathematics - 6 Edition - Chapter chapter 17 - Problem 9

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# Write the formula for the declining-balance rate. (17-3) ISBN: 9780538481267 378

## Solution for problem 9 Chapter CHAPTER 17

Contemporary Mathematics | 6th Edition

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Problem 9

Write the formula for the declining-balance rate. (17-3)

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STAT 110: Notes for Week of 10/17/16  Chapter 21 o p = population parameter. o p = sample proportion/percentage. Estimates the parameter.  p = (number of successes in the sample/n) o μ = population mean/average. o x = sample mean/average. Estimates the population mean/average. o A statistic (point estimate/p) is unlikely to accurately describe the parameter, while a confidence interval (interval estimate/statistic +/- margin of error) is more likely to include the true parameter. o If the simple random sample is large enough (at least 1,000 participants), then:  The proportion of p is approximately normal.  The mean of the proportion is p.  The standard deviation of the proportion is the square root of (p[1-p])/n o Sampling distribution of a statistic: this is the distribution of numerical values in the statistic in all possible samples. These samples should all be the same size and should be taken from the same population. o 95% confidence interval for a proportion: p +/- 2(square root of (p[1-p])/n) ̂ ̂  2 is the number of standard deviations to be 95% confident about the result. Refer to Table B in order to figure out other proportions.  For example, a 68% confidence interval would have 1 standard

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##### ISBN: 9780538481267

The answer to “Write the formula for the declining-balance rate. (17-3)” is broken down into a number of easy to follow steps, and 8 words. Contemporary Mathematics was written by and is associated to the ISBN: 9780538481267. This textbook survival guide was created for the textbook: Contemporary Mathematics, edition: 6. This full solution covers the following key subjects: . This expansive textbook survival guide covers 25 chapters, and 765 solutions. The full step-by-step solution to problem: 9 from chapter: CHAPTER 17 was answered by , our top Statistics solution expert on 03/13/18, 06:38PM. Since the solution to 9 from CHAPTER 17 chapter was answered, more than 248 students have viewed the full step-by-step answer.

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