11. Simon borrows $5000 from a bank for 3 years. The interest rate is 4% p. a. for the first year and 5% p. a. for the subsequent years. If the interest is compounded quarterly, find the amount that he has to pay
at the end of the 3rd year.

Unaware that 35% of the 10000 voters in his constituency support him, a politician decides to estimate his political strength. a sample of 200 voters shows that 40% support him. a. what is the population? b. what is the parameter of interest? state its value c. what is the statistics of the interest? state its value d. compare your answers in (b) and (c) is it surprising they are different? if the politician were to sample another 200 voters, which of the two numbers would most likely change? explain