What is the answer to this equation, or how do I solve it?
1 answer:
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So for this you will be using an exponential equation, which is with a=initial value, b=growth/decay, y = total balance, and x = # of years
In this case, a = 500, and since with this problem the initial value is growing, you will add 100% to 6% to get 106%, or 1.06. The equation will be formed as such:
With this problem, just plug in 15 into x and solve for y:
In short, after 15 years Tom will have $1198.28 in his account.
Answer:
H0 is accepted
there is no difference between the proportions of Indian and Asian young people who listen to rap music every day.
Step-by-step explanation:
Given a sample survey compared 634 randomly chosen Indians aged 15 to 25 with 567 randomly selected Asians in the same age group.
It found that 368 of the Indians and 130 Asians listened to rap music every day.
Null hypothesis H0: there is no difference between the proportions of Indian and Asian young people who listen to rap every day.
Alternative hypothesis:-
Level of significance α = 0.05
The test of statistic
where
p = 0.414
and q = 1-p = 1- 0.414 =0.586
on calculation , we get
z = 0.300 ><1.96 at 95 % level of significance
H0 is accepted
there is no difference between the proportions of Indian and Asian young people who listen to rap every day.