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3 years ago

A principal of $3700 is invested at 4.75% interest, compounded annually. How much will the investment be worth after 9 years?

1 answer:

7 0

Amount = 3,700 * (1.0475)^9
Amount = 3,700 * 1.5184003135 
Amount = 5,618.08

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Consider the following hypothesis test: H0: LaTeX: \mu_1-\mu_2=0μ 1 − μ 2 = 0 Ha: LaTeX: \mu_1-\mu_2\ne0μ 1 − μ 2 ≠ 0 The follow

Pavel [41]

Answer:

$z=\frac{104-\bar 106}{\sqrt{\frac{8.4^2}{80}+\frac{7.6^2}{70}}}}=-1.53$

Step-by-step explanation:

Data given and notation

$\bar X_{1}=104$ represent the mean for the sample 1

$\bar X_{2}=106$ represent the mean for the sample 2

$\sigma_{1} =8.4$ represent the population standard deviation for the sample 1

$\sigma_{2}=7.6$ represent the population standard deviation for the sample 2

$n_{1}=80$ sample size for the group 1

$n_{2}=70$ sample size for the group 2

z would represent the statistic (variable of interest)

Concepts and formulas to use

We need to conduct a hypothesis in order to check if the means for the two groups are the same, the system of hypothesis would be:

H0: $\mu_{1}-\mu_{2} =0$

H1: $\mu_{1} -\mu_{2} \neq 0$

If we analyze the size for the samples both are greater than 30 and we know the population deviations so for this case is better apply a z test to compare means, and the statistic is given by:

$z=\frac{\bar X_{1}-\bar X_{2}}{\sqrt{\frac{\sigma^2_{1}}{n_{1}}+\frac{\sigma^2_{2}}{n_{2}}}}$ (1)

z-test: Is used to compare group means. Is one of the most common tests and is used to determine whether the means of two groups are equal to each other.

Calculate the statistic

First we need to calculate the mean and deviation for each sample, after apply the formulas (2) and (3) we got the following results:

And with this we can replace in formula (1) like this:

$z=\frac{104-\bar 106}{\sqrt{\frac{8.4^2}{80}+\frac{7.6^2}{70}}}}=-1.53$

7 0

3 years ago

HELP PLEASE ANSWER!!!!

Basile [38]

Answer: AAS

Step-by-step explanation:

Two sides are congruent, two angles are congruent, and vertical angles are congruent

5 0

3 years ago

Weights of the vegetables in a field are normally distributed. From a sample Carl Cornfield determines the mean weight of a box

pantera1 [17]

To find the z-score for a weight of 196 oz., use

$z=\frac{x-\mu}{\sigma}=\frac{196-180}{8}=\frac{16}{8}=2$

A table for the cumulative distribution function for the normal distribution (see picture) gives the area 0.9772 BELOW the z-score z = 2. Carl is wondering about the percentage of boxes with weights ABOVE z = 2. The total area under the normal curve is 1, so subtract .9772 from 1.0000.

1.0000 - .9772 = 0.0228, so about 2.3% of the boxes will weigh more than 196 oz.

7 0

3 years ago

Consider the diagram. What is the length of segment AB?

Vlad [161]

The answer would be B

6 0

3 years ago

Which story problem could be solved using the division problem 30 ÷ 5 = 6?

Lynna [10]

Answer:

"There are 30 chairs in 5 rows. How many chairs are in each row?" Would be the correct story problem.

8 0

3 years ago