A field test for a new exam was given to randomly selected seniors. The exams were graded, and the sample mean and sample standard deviation were calculated. Based on
the results, the exam creator claims that on the same exam, nine times out of ten, seniors
will have an average score within 3% of 78%.
Is the confidence interval at 90%, 95%, or 99%? What is the maigin of error? Calculate
the confidence interval and explain what it means in terms of the situation. (10 points)

trapezoid

step-by-step explanation:

first i plotted all my points on a grid graph

i made sure all of them were in the correct quadrant

then i saw it was a trapezoid or a quadrilateral

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step-by-step explanation:

required rate of return = 0.166 = 16.6%

step-by-step explanation:

under the capital asset pricing model (capm), the required or expected rate of return for a particular security or asset is given using the formula:

required rate of return = risk-free rate + beta*(market risk premium)

we are given that;

risk-free rate = 4% = 0.04

beta = 1.4

market risk premium = 9% = 0.09

we simply plug these values into the above formula;

required rate of return = 0.04 + 1.4*(0.09)

required rate of return = 0.04 + 0.126

required rate of return = 0.166 = 16.6%