Answer:
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
$12000 cash
This means that 
Compounded at 4% interest annually.
This means that 
What equation will calculate the value in x years?
Answer:
74.94×10^3= 74940 because the number 10³ has 3 zeros when it is written without an exponent.
Step-by-step explanation:
when times 10, you move the decimal point to the right.
Answer:
Descriptive statistics
Explanation:
The population average is a descriptive statistic. It informs about how the population looks like, in this case, the population looks like having a average of 1000.
If, using her class's average where to infer the population average that is inferential statistic. But that is not the case
Answer:
a. H0:μ1≥μ2
Ha:μ1<μ2
b. t=-3.076
c. Rejection region=[tcalculated<−1.717]
Reject H0
Step-by-step explanation:
a)
As the score for group 1 is lower than group 2,
Null hypothesis: H0:μ1≥μ2
Alternative hypothesis: H1:μ1<μ2
b) t test statistic for equal variances
t=(xbar1-xbar2)-(μ1-μ2)/sqrt[{1/n1+1/n2}*{((n1-1)s1²+(n2-1)s2²)/n1+n2-2}
t=63.3-70.2/sqrt[{1/11+1/13}*{((11-1)3.7²+(13-1)6.6²)/11+13-2}
t=-6.9/sqrt[{0.091+0.077}{136.9+522.72/22}]
t=-3.076
c. α=0.05, df=22
t(0.05,22)=-1.717
The rejection region is t calculated<t critical value
t<-1.717
We can see that the calculated value of t-statistic falls in rejection region and so we reject the null hypothesis at 5% significance level.
