Jacob is correct in thinking that because the mean represents the average of several quantities
Bro be careful with the link
Answer:
Step-by-step explanation:
FV =<u> p (1+i)^n -1</u>
i
pv = 700,000
i = .075/12 = .00625
n = (66 - 15)* 12 = 612
700,000 = P (( 1 + .00625)^ 612 -1 /.00625
4375 = P (1.00625)^612 -1)
P = $98.77
Subtract 15 from both sides.
28-15=13
X=13
Answer:
<em>The first step is to determine the average
</em>

<em>The exercise says it’s a normal distribution: (n=8)</em>

<em>According to the exercise, the mean is equal to 0,5 then the value of t of the distribution can be obtained
</em>
<em />

<em>The variable t has 7 grade to liberty, we calculate the p-value as:
</em>

This value is very high, therefore the hypothesis is not rejected