multiply both sides by .4 to isolate the x variable.
x = 1.6
You deposit $1,200.00 into an account and in three years of simple interest you have $1,380. What interest rate are you receivin
1 answer:
Since simple interest doesn't involve compounding, the same amount gets added on every year. So, the equation for the simple interest received is 
, where 
is the total interest, 
is the original deposit (or "principal"), 
is the interest rate, and 
is the time passed in years.
Plugging in our values, we can solve for the interest rate:
Plugging in our values, we can solve for the interest rate:
You might be interested in
multiply both sides by .4 to isolate the x variable.
x = 1.6
Answer:
A) Option B is correct.
H₀: μ₁ = μ₂
Hₐ: μ₁ - μ₂ < 0
B) t = -2.502
p-value = 0.0112
C) Option A is correct.
Reject H₀. The data suggests that cola has a higher average compression strength than the strawberry drink.
D) Option A is correct.
The distributions of compression strengths are approximately normal.
Step-by-step explanation:
The complete Question is presented in the two attached images to this answer.
A) To perform this test we first define the null and alternative hypothesis.
The null hypothesis plays the devil's advocate and usually takes the form of the opposite of the theory to be tested. It usually contains the signs =, ≤ and ≥ depending on the directions of the test.
While, the alternative hypothesis usually confirms the the theory being tested by the experimental setup. It usually contains the signs ≠, < and > depending on the directions of the test.
For this question, we want to test if the extra carbonation of cola results in a higher average compression strength. That is, that cola has a higher average compression strength than the strawberry drink.
Hence, the null hypothesis would be that there isn't significant evidence to suggest that the extra carbonation of cola results in a higher average compression strength, that is, cola has a higher average compression strength than the strawberry drink.
The alternative hypothesis is that there is significant evidence to suggest that the extra carbonation of cola results in a higher average compression strength, that is, cola has a higher average compression strength than the strawberry drink.
Mathematically, if the average compression strength of strawberry drink is μ₁, the average compression strength of cola is μ₂ and the difference in compression strengths is μ = μ₁ - μ₂
The null hypothesis is represented as
H₀: μ = 0 or μ₁ = μ₂
The alternative hypothesis is represented as
Hₐ: μ < 0 or μ₁ - μ₂ < 0
B) So, to perform this test, we need to compute the test statistic
Test statistic for 2 sample mean data is given as
Test statistic = (μ₁ - μ₂))/σ
σ = √[(s₂²/n₂) + (s₁²/n₁)]
μ₁ = average compression strength of strawberry drink = 537
n₁ = sample size of the sample of strawberry drink in cans surveyed = 10
s₁ = standard deviation of the compression strength of strawberry drink in cans surveyed= 22
μ₂ = average compression strength of cola = 559
n₂ = sample size of the sample of cola in cans surveyed = 10
s₂ = standard deviation of the compression strength of strawberry drink in cans surveyed = 17
σ = [(17²/10) + (22²/10)] = 77.5903160379 = 8.792
We will use the t-distribution as no information on population standard deviation is provided
t = (537 - 559) ÷ 8.792
= -2.502 = -2.50
checking the tables for the p-value of this t-statistic
Degree of freedom = df = n₁ + n₂ - 2 = 10 + 10- 2 = 18
Significance level = 0.05
The hypothesis test uses a one-tailed condition because we're testing in only one direction (whether compression strength of cola in can is greater).
p-value (for t = -2.50, at 0.05 significance level, df = 18, with a one tailed condition) = 0.011154 = 0.0112 to 4 d.p.
C) The interpretation of p-values is that
When the (p-value > significance level), we fail to reject the null hypothesis and when the (p-value < significance level), we reject the null hypothesis and accept the alternative hypothesis.
So, for this question, significance level = 0.05
p-value = 0.0112
0.0112 < 0.05
Hence,
p-value < significance level
This means that we reject the null hypothesis accept the alternative hypothesis & say that the extra carbonation of cola results in a higher average compression strength, that is, cola has a higher average compression strength than the strawberry drink.
D) The necessary conditions required before a t-test is deemed valid include.
- The samples used must be a random sample of the population distribution with each variable in the sample independent of other one.
- The distribution of the population where the samples were extracted from must be normal or approximately normal to ensure some degree of normality for the samples.
Hence, the necessary assumption for this t-test among the options is that the distributions of compression strengths are approximately normal.
Hope this Helps!!!
The length of the ladder nearest hundredth of a foot is 23 feet.
We have given that,
An electrician leans an extension ladder against the outside wall of a house so that it reaches an electric box 20 feet up.
The ladder makes an angle of the ground.
Therefore we get,
Therefore, The length of the ladder nearest hundredth of a foot is 23 feet.
To learn more about the trigonometric ratio visit:
#SPJ1