A $20,000 business computer depreciates at a rate of 15% per year. Which of the following equations would model the value of the
2 answers:
Answer:
Step-by-step explanation:
So the initial value of the business computer is $20,000. It depreciates by 15% per year. This is exponential decay. The standard function for exponential decay is:
Where <em>P </em>is the initial value, <em>r</em> is the rate of decay, and <em>t</em> is the time in years.
Since the computer decreases by 15% per year, this means that each year, the computer will be 1-15% or 85% than its previous value.
Therefore, the equation that models the value of the computer is:
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<h2>Answer with explanation:</h2>
By considering the given information, we have
Null hypothesis :
Alternative hypothesis :
Since the alternative hypothesis is two-tailed , so the test is a two-tailed test.
Given : Sample size : n= 20, since sample size is less than 30 so the test applied is a t-test.
;
Test statistic :
i.e.
Degree of freedom : n-1 = 20-1=19
Significance level = 0.01
For two tailed, Significance level
By using the t-distribution table, the critical value of t =
Since , the observed t-value (7.25) is greater than the critical value (2.861) .
So we reject the null hypothesis, it means we have enough evidence to support the alternative hypothesis.
We conclude that there is some significance difference between the mean score for sober women and 35.0.