A savings account starts with $231 25. After 8 years of continuous compounding at

87.5%

Step-by-step explanation:

Took the k12 math test

The 98% confidence interval for the mean of the population is (59, 68.2).

Step-by-step explanation:

Before building the confidence interval, we need to find the sample mean and the sample standard deviation.

Sample mean:

Sample standard deviation:

Confidence interval:

We have the standard deviation for the sample, and thus, 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 = 10 - 1 = 9

98% confidence interval

Now, we have to find a value of T, which is found looking at the t table, with 9 degrees of freedom(y-axis) and a confidence level of . So we have T = 2.821

The margin of error is:

In which s is the standard deviation of the sample and n is the size of the sample.

The lower end of the interval is the sample mean subtracted by M. So it is 63.6 - 4.6 = 59

The upper end of the interval is the sample mean added to M. So it is 63.6 + 4.6 = 68.2.

The 98% confidence interval for the mean of the population is (59, 68.2).