Answer:
$2,459.21
Step-by-step explanation:
(see attached for reference)
recall that the formula for compound interest is:
A = P [ 1 + (r/n)^ (nt) ]
where,
A = Final amount ( we are asked to find this)
P = principal amount = given as $2,340
r = Annual Interest Rate = given as 5% = 0.05
n = number of times compounded in a year = 4 (compounded quarterly)
t= time = 1 year
Substituting the values into the equation,
A = P [ 1 + (r/n)^ (nt) ]
A = 2,340 [ 1 + (0.05/4)^ (4·1) ]
A = $2,459.21
Answer:
A.
General Formulas and Concepts:
<u>Math</u>
<u>Algebra I</u>
Step-by-step explanation:
Where the 2 lines intersect is the solution to the systems of equations.
5/2 would be 2.5 and 4/3 would be approximately 1.333.
Our (x, y) for the graph is (2.405, 1.357), so our answer would be A.
Answer:
So the p value obtained was a very high value and using the significance level given we have
so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can conclude that the proportion of women athletes graduated is not significantly lower than 0.67 or 67% at 10% of significance
Step-by-step explanation:
Data given and notation
n=38 represent the random sample taken
X=22 represent the number of women athletes graduated
estimated proportion of women athletes graduated
is the value that we want to test
represent the significance level
Confidence=90% or 0.90
z would represent the statistic (variable of interest)
represent the p value (variable of interest)
Concepts and formulas to use
We need to conduct a hypothesis in order to test the claim that the true proportion is lower than 0.67 or no:
Null hypothesis:
Alternative hypothesis:
When we conduct a proportion test we need to use the z statisitc, and the is given by:
(1)
The One-Sample Proportion Test is used to assess whether a population proportion is significantly different from a hypothesized value
.
Calculate the statistic
Since we have all the info requires we can replace in formula (1) like this:
Statistical decision
It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.
The significance level provided . The next step would be calculate the p value for this test.
Since is a left tailed test the p value would be:
So the p value obtained was a very high value and using the significance level given we have
so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can conclude that the proportion of women athletes graduated is not significantly lower than 0.67 or 67% at 10% of significance