Answer:
Step-by-step explanation:
Since n < 30, we will find the t-score and compare that to the t-score of a significance level of 1%.
Since they are asking if the difference is significant, we will have a two tailed test, with degree of freedom being 22, so our critical values are
t < -2.704 and t > 2.704
Our t-value for this situation is
t = ([µ + 5.8] - µ)/(1.4/√23)
It's µ + 5.8 because the problem told us that their levels are 5.8 mm higher than the average, so it's the average, plus 5.8
Simplify the equation...
t = 5.8/(1.4/√23)
t = 19.868
19.868 > 2.704, the evidence supports that there is significant difference between the sample and the population
Answer:
Step-by-step explanation:
c
Answer:
$25,193.17
Explanation:
Given:
• Principal Felipe borrowed, P=$8000
,
• Annual Interest Rate, r=16.5%=0.165
,
• Compounding Period, k=12 (Monthly)
,
• Time, t=7 years
We want to determine how much he will owe after 7 years.
In order to carry out this calculation, use the compound interest formula below:

Substitute the values defined above:

Finally, simplify and round to the nearest cent.

After 7 years, Felipe will owe $25,193.17.
Answer:
Step-by-step explanation:
<u>The data given:</u>
- 93, 81, 94, 71, 89, 92, 94, 99
<u>Put the data in the ascending order:</u>
- 71, 81, 89, 92, 93, 94, 94, 99
<u>Since the data size is even, the median is the average of middle two:</u>
- median = (92 + 93)/2 = 92.5