A sample of 36 observations is selected from a normal population. The sample mean is 12, and the population standard deviation i
1 answer:
Answer: One tail test.
Step-by-step explanation:
Given : A sample of 36 observations is selected from a normal population. The sample mean is 12, and the population standard deviation is 3.
Also, The set of hypothesis to conduct a test :-
The kind of test need to perform is dependent upon the alternative hypothesis.
Since, the alternative hypothesis is one tailed (right-tailed), so the test is one tail test.
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The formula of the Simple Interest is:
I=PRT
P for Principle Amount ($1200)
R for Rate (5%=
= 0.05)
T for Time in years (4 years)
I = 1200 × 0.05 × 4
= $240
Add the interest to the principle amount to check the balance
$1200 + $240 = $1440
I=PRT
P for Principle Amount ($1200)
R for Rate (5%=
T for Time in years (4 years)
I = 1200 × 0.05 × 4
= $240
Add the interest to the principle amount to check the balance
$1200 + $240 = $1440