The annual yield is
(1 + 0.062/365)³⁶⁵ = 1.06396
The percentage yield is therefore 6.396% .
Answer:
An airline claims that the no-show rate for passengers is less than 5%. In a sample of 420 randomly selected reservations, 19 were no-shows. At α=0.01, test the airline's claim. State the sample percentage and round it to three decimal places.
State the hypotheses.
State the critical value(s).
State the test statistics.
State the decision
State the conclusion.
Answer:
x=-3, x=1, x=3.5, and x=5
Step-by-step explanation:
Given the critical points (turning points) which represent the maximum or the minimum points, the set of points that can be tested to solve the inequality will consist of points to the right and to the left of these points. The set of points that solve the inequality will be simply the points where the graph of the function crosses the x-axis. From these information, the set of points will be as given above
1500 - 785 = 715
number of minutes per month - number of minutes used = number of minutes left.
Answer: A, C, and D
Step-by-step explanation:
A terminating decimal is a decimal that has an end. In other words,
is one, but
is not.
✓ A. 0.032
✗ B. 0.999...
✓ C. 0.525
✓ D. 0.75