Fred borrows $2710 at 3.8% simple interest per month. When Fred pays the loan back 3 months later, what is the total amount that
1 answer:
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Answer: -1.78
Step-by-step explanation:
As per given description, we have
Population proportion :
Sample size : n= 500
Sample proportion :
Test statistic for population proportion :-
Hence, the test statistic for this hypothesis test for a proportion= -1.78
Just divide the number of parts made by the number of hours to get parts per hour. 15 minutes is 1/4 of an hour, so we divide 360 by 0.25 hours:
