Frame a linear equation in the form ax+by=c=0 by using the given of a,b,c a=-2,b=3,c=4
1 answer:
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Answer:
After 7.40 years it will be worth less than 21500
Step-by-step explanation:
This problem is solved using a compound interest function.
This function has the following formula:
Where:
P is the initial price = $ 34,000
n is the depreciation rate = 0.06
t is the elapsed time
The equation that models this situation is:
Now we want to know after how many years the car is worth less than $ 21500.
Then we do y = $ 21,500. and we clear t.
After 7.40 years it will be worth less than 21500
Answer:
z≈3.16
p≈0.001
we reject the null hypothesis and conclude that the student knows more than half of the answers and is not just guessing in 0.05 significance level.
Step-by-step explanation:
As a result of step 2, we can assume normal distribution for the null hypothesis
<em>step 3:</em>
z statistic is computed as follows:
z= where
- X is the proportion of correct answers in the test (
)
- M is the expected proportion of correct answers according to the null hypothesis (0.5)
- p is the probability of correct answer (0.5)
- N is the total number of questions in the test (40)
z= ≈ 3.16
And corresponding p value for the z-statistic is p≈0.001.
Since p<0.05, we reject the null hypothesis and conclude that the student knows more than half of the answers and is not just guessing in 0.05 significance level.