Answer:
5 years
Step-by-step explanation:
3000x.06=180 interest per year.
900/180 =5 years to earn 900 interest.
Answer:
a. 1.645 multiplier = 5% critical value
b. 95
Step-by-step explanation:
Note that in statistical analysis probability principles are often used. The critical value from the critical region indicates whether the statistician should reject or accept the null hypothesis.
Note that the confidence multiplier is a constant that shows the number of standard deviations in a normal curve; the deviation standard<em> implies the measure of difference between the observed value of a variable and some another value.</em>
