Answer:
$2315.25
Step-by-step explanation:
Given data
Principal= £2000
Time= 3 years
Rate= 5%
The compound interest expression is
A= P(1+r)^t
substitute
A= 2000(1+0.05)^3
A= 2000(1.05)^3
A= 2000*1.157625
A= 2315.25
Hence the Amount is $2315.25
Answer:
a) Null hypothesis:
Alternative hypothesis:
b)
The degrees of freedom are given by:

The p value for this case taking in count the alternative hypothesis would be:
Step-by-step explanation:
Information given
represent the sample mean for the amount spent each shopper
represent the sample standard deviation
sample size
represent the value to verify
t would represent the statistic
represent the p value f
Part a
We want to verify if the shoppers participating in the loyalty program spent more on average than typical shoppers, the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
The statistic for this case would be given by:
(1)
Replacing the info given we got:
The degrees of freedom are given by:

The p value for this case taking in count the alternative hypothesis would be:
That "equation" has an infinite number of "solutions", because
no matter what 'r' is, it's always a true statement.
The statement is equivalent to saying "I am I." or "You are you."
Answer:
Q.#1 is a
Q.#2 is d
Step-by-step explanation:
hope this helps:)