How are the graphs of the functions f(x) = and g(x) = related?
1 answer:
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Answer:
a)
b)
Step-by-step explanation:
We have to build appropriate null and alternate hypothesis for the given scenarios.
a) Population mean, μ = $62,500 per year
The market research wants to find whether the mean household income of mall shoppers is higher than that of the general population.
We would use one-tail(right) test to perform this hypothesis.
b) Population mean, μ = 2.6 hours
The company want to know the average time to respond to trouble calls is different or not.
We would use two-tail test to perform this hypothesis.
Answer:
Compount interest earns more. Difference between 2 interest is $92 445.39
Step-by-step explanation:
Simple Interest:
p = $10000
r = 3%
t = 2years
I = (10000×3×2)/100
= $600
Total amount = $10 600
Compound Interest:
p = $100000
r = 3/730 (daily)
t = 730 (2yrs)
A = 100000[1+(3/73000)]^730
= $103 045.39 (2d.p)
Difference = $103045.39 -
$10600
= $92 445.39
(Correct me if i am wrong)