Answer:
a) $1056.33 b) 23 years
Step-by-step explanation:
a) 10000(1+1.85/100)^3=10565.33 (2d.p.)
b) let x be the no. of years
15000 = 10000(1+1.85/100)^x
1.5 = 1.0185^x
ln both sides
ln 1.5 = x ln 1.0185
x = ln 1.5/ln 1.0185
=22.11
=23 years (rounded up)
Answer:
The degrees of freedom associated with the critical value is 25.
Step-by-step explanation:
The number of values in the final calculation of a statistic that are free to vary is referred to as the degrees of freedom. That is, it is the number of independent ways by which a dynamic system can move, without disrupting any constraint imposed on it.
The degrees of freedom for the t-distribution is obtained by substituting the values of n1 and n2 in the degrees of freedom formula.
Degrees of freedom, df = n1+n2−2
= 15+12−2=27−2=25
Therefore, the degrees of freedom associated with the critical value is 25.
Answer:
are this if its a function or not?
