Thermometer and refrigerant Identifier
The time that Carlene would have to wait to buy the desk is 4 years.
<h3>How long would it take before Carlene can afford to buy the desk?</h3>
When an amount of money is compounded, it means that both the amount that was invested and the interest accrued earn interest.
The formula that can be used to determine the time is
N = log(FV / PV) / log(e) / interest rate
log(500 / 400) / log(e) / 0.06 = 3.71 years = 4 years
To learn more about how to determine time, please check: brainly.com/question/25760893
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Explanation:
Answer:
all of the above is the correct answer
The standard error of the difference of sample means is 0.444
From the complete question, we have the following parameters
<u>Canadians</u>
- Sample size = 50
- Mean = 4.6
- Standard deviation = 2.9
<u>Americans</u>
- Sample size = 60
- Mean = 5.2
- Standard deviation = 1.3
The standard error of a sample is the quotient of the standard deviation and the square root of the sample size.
This is represented as:

The standard error of the Canadian sample is:

So, we have:

The standard error of the American sample is:

So, we have:

The standard error of the difference of sample means is then calculated as:

This gives


Take square roots

Hence, the standard error of the difference of sample means is 0.444
Read more about standard errors at:
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