Write as a decimal 0.068%
2 answers:
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Answer:
- The amount invested at 5%=$77,000
- The amount invested at 9%=$349,000
Step-by-step explanation:
- Let the amount invested at 5% simple interest =$x
He invested $41,000 more than 4 times the amount at 9%.
- This amount is: $(4x+41000)
Total Annual Interest Earned = $35,260
Therefore, Time=1 year
Simple Interest
Therefore, his total interest
=Interest from Investment 1 + Interest from Investment 2
Therefore:
The amount invested at 5%=$77,000
The amount invested at 9%=$(4*77,000+41000)=$349,000
Answer:
a)
The null hypothesis is
The alternative hypothesis is
b-1) The value of the test statistic is t = 1.86.
b-2) The p-value is of 0.0348.
Step-by-step explanation:
Question a:
Test if the battery life is more than twice of 5 hours:
Twice of 5 hours = 5*2 = 10 hours.
At the null hypothesis, we test if the battery life is of 10 hours or less, than is:
At the alternative hypothesis, we test if the battery life is of more than 10 hours, that is:
b-1. Calculate the value of the test statistic.
The test statistic is:
We have the standard deviation for the sample, so the t-distribution is used to solve this question
In which X is the sample mean, is the value tested at the null hypothesis, s is the standard deviation and n is the size of the sample.
10 is tested at the null hypothesis:
This means that
In order to test the claim, a researcher samples 45 units of the new phone and finds that the sample battery life averages 10.5 hours with a sample standard deviation of 1.8 hours.
This means that
Then
The value of the test statistic is t = 1.86.
b-2. Find the p-value.
Testing if the mean is more than a value, so a right-tailed test.
Sample of 45, so 45 - 1 = 44 degrees of freedom.
Test statistic t = 1.86.
Using a t-distribution calculator, the p-value is of 0.0348.