Answer: -1.78
Step-by-step explanation:
As per given description, we have
Population proportion :
Sample size : n= 500
Sample proportion :
Test statistic for population proportion :-
Hence, the test statistic for this hypothesis test for a proportion= -1.78
Answer:
$ 728
Step-by-step explanation:
Amount of Money Cody has = $700
Simple Interest = 4%
As it is know that interest is always given on annually basis so
Amount of profit he have in one year = Money he have right now * interest
=700 * 4%
=
= $ 28
After one year he will have = total money at that time + Profit
= 700 + 28
= $ 728