4 yrs
Step-by-step explanation:
Formulae for simple interest is;
A= P (1 + rt) Whereby;
A = Total Accrued Amount (principal + interest)
P = Principal Amount
I = Interest Amount
r = Rate of Interest per year in decimal; r = R/100
R = Rate of Interest per year as a percent; R = r * 100
t = Time Period involved in months or years
15300 = 3200 (1 + 106.5/100 *t)
15300/3200 = 1 + 1.065t
4.78125 – 1 = 1.065t
3.78125 = 1.065t
3.78125/1.065 = t
3.55 = t
Rounded off to the nearest whole number;
= 4
14.04 US dollars or 14 4/10
<em>1/3 is answer. Hope it helps
</em>
Answer:
The right answer is:
a.H0: μd = 0; H1: μd > 0
Step-by-step explanation:
The claim that want to be tested is that the sales were significantly increased after the commercial, indicanting that the advertisement campaign was effective.
This claim is usually expressed in the alternative hypothesis as it has to have enough evidence to prove that it is true.
Then, the alternative hypothesis H1 should state that the difference (sales after - sales before) is higher than 0.
The null hypothesis would state that the difference is not significantly different from 0, or, in other words, that the sales are the same before and after and that the variation is due to pure chance.
Then, the null hypothesis H0 would state that the difference is equal to 0.
The right answer is:
a.H0: μd = 0; H1: μd > 0
