Answer:
Step-by-step explanation:
- The Z-score allows you to decide if your sample is different from the population mean. In order to use z, you must know four things:
- The population mean.
- The population standard deviation.
- The sample mean.
- The sample size.
- Usually in stats, you don’t know anything about a population, so instead of a Z score you use a T-Test with a T Statistic.
- The major difference between using a Z score and a T statistic is that you have to estimate the population standard deviation. The T test is also used if you have a small sample size (less than 30).
Answer:
8%
Step-by-step explanation:
The amount repaid is ...
A = P(1 +rt)
Filling in the given values, we can find r.
(18·28) = 450(1 +r(18/12)) . . . . . t is in years
504 = 450 + 675t
54/675 = 0.08 = 8%
The simple interest rate on the loan is 8%.
Answer:
( 15m + 31 ) / ( m + 10 )
Step-by-step explanation:
add like terms
m + 14m = 15m
( 15m + 31 ) / ( m + 10 )
