Answer:
15.14%
Step-by-step explanation:
The formula for APR is stated thus:
APR=fees+interest/principal/n*365*100
principal is the loan amount of $700
fees is the processing fees on the loan which is $50
interest amount=principal*interest %=$700*8%=$56
n is the number of days of the loan which is a year i.e 365 days
APR=($50+$56)/$700/365*365*100
APR=$106/$700/365*365*100
APR=0.151428571
/365*365*100
APR=0.151428571
*100=15.14%
The annual percentage rate on the loan is 15.14% which represents the actual cost on the loan not just the interest cost of 8% annually
I'd be more than happy to help. Im a sophmore and Love math
90.42857143 or
90.4 to nearest decimal
Answer:
a. We reject the null hypothesis at the significance level of 0.05
b. The p-value is zero for practical applications
c. (-0.0225, -0.0375)
Step-by-step explanation:
Let the bottles from machine 1 be the first population and the bottles from machine 2 be the second population.
Then we have
,
,
and
,
,
. The pooled estimate is given by
a. We want to test
vs
(two-tailed alternative).
The test statistic is
and the observed value is
. T has a Student's t distribution with 20 + 25 - 2 = 43 df.
The rejection region is given by RR = {t | t < -2.0167 or t > 2.0167} where -2.0167 and 2.0167 are the 2.5th and 97.5th quantiles of the Student's t distribution with 43 df respectively. Because the observed value
falls inside RR, we reject the null hypothesis at the significance level of 0.05
b. The p-value for this test is given by
0 (4.359564e-10) because we have a two-tailed alternative. Here T has a t distribution with 43 df.
c. The 95% confidence interval for the true mean difference is given by (if the samples are independent)
, i.e.,
where
is the 2.5th quantile of the t distribution with (25+20-2) = 43 degrees of freedom. So
, i.e.,
(-0.0225, -0.0375)
1. Points F and C
2. 2
3. (3,4)
4. (1,-2)
5. Quadrant 4
6. (-3,-3)
(I also added a photo of a graph with the labeled quadrants to help you)