439,000 is the answer for, when you round 438,692
I've attached the complete question.
Answer:
Only participant 1 is not cheating while the rest are cheating.
Because only participant 1 has a z-score that falls within the 95% confidence interval.
Step-by-step explanation:
We are given;
Mean; μ = 3.3
Standard deviation; s = 1
Participant 1: X = 4
Participant 2: X = 6
Participant 3: X = 7
Participant 4: X = 0
Z - score for participant 1:
z = (x - μ)/s
z = (4 - 3.3)/1
z = 0.7
Z-score for participant 2;
z = (6 - 3.3)/1
z = 2.7
Z-score for participant 3;
z = (7 - 3.3)/1
z = 3.7
Z-score for participant 4;
z = (0 - 3.3)/1
z = -3.3
Now from tables, the z-score value for confidence interval of 95% is between -1.96 and 1.96
Now, from all the participants z-score only participant 1 has a z-score that falls within the 95% confidence interval.
Thus, only participant 1 is not cheating while the rest are cheating.
Answer:
B. $5039.58
Step-by-step explanation:
compound interest formula: amount = p(1 + \frac{r}{n})^{nt}
p= principal ($2,300)
r= interest rate as a decimal (4% = 0.04)
n= number of times the principal is compounded per year (annually = onceper year so 1 time per year)
t= time in years (20 years)
new equation: amount = 2300(1+\frac{0.04}{1} )^{1*20}
That equation equals $2,739.58 which you add to the principal.
$2,739.58 + $2,300 = $5039.58
hope this helps :)
