Answer:
Step-by-step explanation:
<u>Given:</u>
<u>Solving for x:</u>
In a statistical test, the null hypothesis to be made is
that the sample proportions do not have any significant differences, which
means an equal distribution. This is only rejected when the estimate is equal
or less than 0.95. But since in this case it is >0.95, so therefore the null
hypothesis is not rejected. Therefore:
<span>False</span>
Answer:Initiation fee is $400 while monthly fee is $10
Step-by-step explanation:
Let the initial fee be x which is fixed while the monthly fee be y
At the end of 5 months, 450 was paid
This means that;
x + 5y = 450 ••••••••(i)
At the end of 10 months, $500 was paid
Mathematically, this means that;
x + 10y = 500•••••••••••(ii)
now we solve both equations simultaneously to get the value of x and y
our equation ii can be rewritten as;
x + 5y + 5y = 500
we can now insert equation i directly into this
450 + 5y = 500
5y = 500-450
5y = 50
y = 50/5
y = $10
From x + 5y = 450
let’s insert the calculated value of y
x + 5(10) = 450
x + 50 = 450
x = 450-50
x = $400
Answer:
6 years and 1 month
Step-by-step explanation:
A= Pe^rt
Since you need to find the double A=2P
2P=e^0.1132t
0.1132t=ln 2
0.1132t=0.693
t= 6.12
6 years and 1 month
ps: I think this is right but I'm not sure I had the same problem and I got this.
