Answer:
Step-by-step explanation:
The smaller/closer the difference between observed and expected frequencies, the higher the probability of concluding that the probabilities specified in the null hypothesis are correct concluding that the data fits that particular distribution given.
Answer:
it will be 175 / 100 = 7 / 4 okay
Answer:
$403.15
Step-by-step explanation:
Principal loan amount is the total amount minus down-payment:

Knowing that
, the monthly payments can be calculated using the formula:
![M=P[\frac{r(1+r)^n}{(1+r)^n-1}]\\\\=23000\frac{(0.006658(1.006658)^{72}}{1.006658^{72}-1}\\\\=403.15](https://tex.z-dn.net/?f=M%3DP%5B%5Cfrac%7Br%281%2Br%29%5En%7D%7B%281%2Br%29%5En-1%7D%5D%5C%5C%5C%5C%3D23000%5Cfrac%7B%280.006658%281.006658%29%5E%7B72%7D%7D%7B1.006658%5E%7B72%7D-1%7D%5C%5C%5C%5C%3D403.15)
Hence, the monthly payment is $403.15