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natta225 [31]
3 years ago
7

Adam takes a loan of $8,250 at a 7% simple rate for 5 years. How much will be paid after 3 years? how much interest will be paid

in total for the loan?
Mathematics
1 answer:
Diano4ka-milaya [45]3 years ago
6 0
$4,950 will be paid after 3 years.
$577.50 will be paid as interest for the total loan.
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City health officials will conduct a two-sample t-test for a difference in means to investigate whether
Anvisha [2.4K]

Answer:

The calculated value     t =   2.366 > 2.0301 at 0.05 level of significance

The null hypothesis is rejected

There is a difference between the means      

Step-by-step explanation:

<u><em>Step(i):-</em></u>

Given that the first sample size 'n₁' = 22

Given that the mean of the first sample x₁⁻ = 120

Given that the standard deviation of the sample (s₁) = 20

Given that the mean of the second sample x₂⁻ = 100

Given that the standard deviation of the second sample (S₂) = 30

<u><em>Step(ii):-</em></u>

T-test statistic

               t = \frac{x^{-} _{1} -x^{-} _{2} }{\sqrt{S^{2} (\frac{1}{n_{1} }+\frac{1}{n_{2} } ) } }

     where

             S^{2} = \frac{n_{1} S_{1} ^{2}+n_{2} S_{2} ^{2}   }{n_{1} +n_{2}-2 }

            S^{2} = \frac{22( 20)^{2}+ 15(30) ^{2}   }{22 +15-2 }

           S² =  637.1428

           S = √637.1428 = 25.24168  

The standard deviation of the sample 'S' = 25.24168   

<u><em>Step(iii):-</em></u>

<u><em>Null Hypothesis:H₀:</em></u>

There is no difference between the means

<u><em>Alternative Hypothesis:H₁:</em></u>

There is a difference between the means

         T-test statistic

               t = \frac{x^{-} _{1} -x^{-} _{2} }{\sqrt{S^{2} (\frac{1}{n_{1} }+\frac{1}{n_{2} } ) } }

              t = \frac{ 120 -100 }{\sqrt{637.14 (\frac{1}{22 }+\frac{1}{15 } ) } }

             t =   2.366

Degrees of freedom

           γ = n₁+n₂ -2 = 22+15-2 = 35

     t₀.₀₅ = 2.0301

The calculated value     t =   2.366 > 2.0301 at 0.05 level of significance

The null hypothesis is rejected

There is a difference between the means          

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A graph of a linear function intersects the coordinate axes in points (–5, 0) and (0, 11). What is the equation of this function
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We know that
the <span>linear function is a line
let
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step 1
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step 2
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