Answer:
Step-by-step explanation:
I concluded the answer is.25 because it makes sense and I was correct.
Response:
Detailed explanation:
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Stratified sampling involves the categorization of the population into subgroups based on pre-established criteria for the study. These subgroups consist of homogeneous units concerning the relevant characteristics. In this instance, individuals in the groups will represent only one of the two potential opinions (support or not support) and not both.
The researcher determines the sample size desired, considering several factors such as finances, material availability, and accessibility to experimental subjects (for instance, if they are endangered species, larger sample sizes may not be feasible).
One might conduct proportionate stratified sampling by selecting a proportion of respondents who answered "yes" along with those who answered "no."
In this sampling method, taking a specific proportion from each subgroup allows for a more straightforward extrapolation of results to the overall populations. For example, if you needed a sample size of n = 20, each stratum would ideally contain half, meaning 10 from the “yes” group and 10 from the “no” group.
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To calculate this, a specific formula will be necessary. Years = log (total/principal) / [n * log (1 + rate / n)]. Part A) For Calvin: $400 at 5% monthly results in $658.80; Time =? Monthly compounding, n = 12. Thus, Years = log(658.80/400) / [12 * log(1+ (.05/12))]. Subsequently, Years = log(
1.647) / (12 * log(1.0041666667)). Then, Years = 0.21669359917 / 12 * 0.0018058008777. Thus resulting in Years = 0.21669359917 / 0.0216696105. Ultimately, Years ≈ 9.999884362. Part B) For Makayla: $300 at 6% quarterly yields $613.04; Time=? Quarterly compounding, n = 4. Therefore, Years = log(613.04/300) / [4 * log (1 +.06/4)]. This results in Years = log(2.0434666667) / (4 * log(1.015)). Years thus equals 0.31036755784 / (4 * 0.0064660422492), resulting in Years ≈ 11.9999044949. The approximate difference is about 3 years.
