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NeX [460]
3 years ago
11

treasury bills (t-bills) can be purchased from the U.S. Treasury department. You buy a t-bill for 981.60 that pays 1,000$ in 13

weeks. What simple interest rate, to the nearest tenth of a percent, does this t-bill earn
Mathematics
1 answer:
Mnenie [13.5K]3 years ago
4 0

Answer:The simple interest rate is 7.50%

Step-by-step explanation:

Simple interest, I =( P × T × R) / 100

Where P= Principal investment

T = Time in years

R = rate

Given

P= 981.60

I = 1000 - 981.60 = 18 .40

T = 13 weeks = 13 / 52 = 0.25 year

I =( P × T × R) / 100

Cross multiply

I × 100 = P × T × R

18.40 × 100 = 981.60 × 0.25 × R

1840 = 245.4 R

R= 1840 / 245.4

R = 7.498%

To the nearest tenth

R = 7.50%

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Answer:

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 y-intercept = 11/3 = 3.66667

Steps below

Step-by-step explanation:

Step  1  :

Equation of a Straight Line

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An advertisement claims that Fasto Stomach Calm will provide relief from indigestion in less than 10 minutes. For a test of the
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Answer:

z=\frac{9.25-10}{\frac{2}{\sqrt{35}}}=-2.219  

p_v =P(z  

If we compare the p value and the significance level given \alpha=0.05 we see that p_v so we can conclude that we have enough evidence to reject the null hypothesis, so we can conclude that the true mean is significantly lower than 10 minutes.    

Step-by-step explanation:

Data given and notation  

\bar X=9.25 represent the sample mean  

\sigma=2 represent the population standard deviation

n=35 sample size  

\mu_o =10 represent the value that we want to test  

\alpha=0.05 represent the significance level for the hypothesis test.  

z would represent the statistic (variable of interest)  

p_v represent the p value for the test (variable of interest)  

State the null and alternative hypotheses.  

We need to conduct a hypothesis in order to check if the mean is less than 10 minutes, the system of hypothesis would be:  

Null hypothesis:\mu \geq 10  

Alternative hypothesis:\mu < 10  

Since we know the population deviation, is better apply a z test to compare the actual mean to the reference value, and the statistic is given by:  

z=\frac{\bar X-\mu_o}{\frac{\sigma}{\sqrt{n}}} (1)  

z-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".  

Calculate the statistic  

We can replace in formula (1) the info given like this:  

z=\frac{9.25-10}{\frac{2}{\sqrt{35}}}=-2.219  

P-value  

Since is a left tailed test the p value would be:  

p_v =P(z  

Conclusion  

If we compare the p value and the significance level given \alpha=0.05 we see that p_v so we can conclude that we have enough evidence to reject the null hypothesis, so we can conclude that the true mean is significantly lower than 10 minutes.    

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4 years ago
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Answer:

Options A and C are correct choices.

Step-by-step explanation:

We have been given an expression 4d+6+2d and we are asked to choose all the equivalent expressions from given choices.

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Let us see which of our given choices matches with our answer.

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Upon using distributive property a(b+c)=a*b+a*c we will get,

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B. 6(d+6)

Upon using distributive property a(b+c)=a*b+a*c we will get,

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Upon removing parenthesis we will get,

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(3d+3d)+(3+3)

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