Thank you very much and this “question” was very helpful for me.
I=prt. I=600(.07)(2). I=42(2). I=84. Juanita will pay $84 interest :)
This depends on the number of players or hands dealt. If its one, it would be 17 (17.3 repeating to be exact),if its more than 2, thne just do 52/x and then divide that number by 3.
Answer:
-2
Step-by-step explanation:
Answer:
we reject H0 and conclude that management's belief about variance is untrue.
Step-by-step explanation:
H0 : σ² = 250
H1 : σ² ≠ 250
Sample size, n = 25
xbar = 50.6 ; s² = 500
α = 0.01 ;
The test statistic :
χ² = [(n - 1)s²] ÷ σ²
χ² = [(25 - 1)* 500] ÷ 250
χ² = (24 * 500) / 250
χ² = 12000 / 250
χ² = 48
The critical value:
df = n-1 ; 25 - 1 = 24
χ²(0.01/2 ; 24) = 45.559
Decison :
Reject H0 : if |χ² statistic| > critical value
Since 48 > 45.559
Hemce, we reject H0 and conclude that management's belief about variance is untrue.