Answer:
z= 2.38
P = 0.008656
Step-by-step explanation:
Here n= 500 and p~= 464/500= 0.928 and q`= 1- 0.928 = 0.072
We formulate our null and alternate hypothesis as
H0 = 0.9 ; H0 > 0.9
The degree of confidence = 90%
z₀.₀₅ = 1.645 for α= 0.05
We use the test statistic
z= x- np/√npq
z= 466-500 *0.9/ √500 * 0.9(1-0.9)
z= 466- 450/ √45
z= 16/6.7082
z= 2.38
As the calculated value of z= 2.38 is greater than α =1.645 so we reject H0.
If H0 is true the P value is calculated as
P = 1- Ф( 2.38)
P = 1-0.991344=0.008656
Answer:
14.8 miles
Step-by-step explanation:
Ok, so we know from the question that she already lives at least 14 miles away because the bus ride is 14 miles long. So, if she has to walk an extra 0.8 miles, you add them together to get 14.8 :)
Step-by-step explanation:
The formula for simple interest is expressed as
I = PRT/100
Where
P represents the principal or initial amount of money invested.
R represents interest rate
T represents time
Considering the investment on account A,
I = $6.94
R = 3.7%
T = 9 months = 9/12 = 0.75 years
6.94 = (P × 3.7 × 0.75)/100 = 0.02775P
P = 6.94/0.02775 = $250
Considering the investment on account B,
I = $13.80
R = 2.3%
T = 18 months = 18/12 = 1.5 years
13.8 = (P × 2.3 × 1.5)/100 = 0.0345P
P = 13.8/0.0345 = $400
To determine the account that earned more interest in the first month,
250/9 = $27.8
400/18 = $22.2
Account A earned you the most interest the first month because $27.8 is higher than $22.2
