Examlex
How many unpopped kernels are left when you pop a bag of microwave popcorn? Quality control personnel at Yummy Popcorn take a random sample of 80 bags of popcorn.They pop each bag in a microwave and then count the number of unpopped kernels.The following interval is produced: t-interval for μ : with 99% Confidence,
11 < μ(unpopped) < 25
Per Annum
An annual occurrence or rate, indicating something that happens or is calculated over the course of a year.
Variable Rate
An interest rate that can fluctuate over the duration of a loan or savings account, based on the market or an index.
Preceding August
Indicates a time period or events that occurred before the month of August.
Payment Stream
A series of payments made or received over time, usually as part of a financial agreement such as a mortgage or annuity.
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