ohn is planning to purchase a new car that costs $15,500. On average, a new car loses 11% of its value the moment that it is driven out of the lot. After 5 years, on average, the car is worth 37% of what you paid for it at the dealership. How much will John’s car be worth after 5 years?

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