Answer:
Step-by-step explanation:
we know that
The equation of a exponential function is of the form
where
a is the initial value or y-intercept
b is the base of the exponential function
In this problem we have
----> the y-intercept is given
substitute
we have the other ordered pair (1,10)
substitute the value of x and the value of y and solve for b
substitute
see the attached figure to better understand the problem
Answer:
Type I error: Concluding that mean mileage is less than 32 miles per hour when actually it is greater than or equal to 32 miles per gallon.
Step-by-step explanation:
We are given the following in the question:
Hypothesis:
Mean mileage for the Carter Motor Company's new sedan
We can design the null hypothesis and alternate hypothesis as:
Type I error:
Type II error:
Thus, type I error for the given hypothesis is concluding that mean mileage is less than 32 miles per hour when actually it is greater than or equal to 32 miles per gallon.
Type II error would be concluding that mean mileage is greater than or equal to 32 miles per gallon when actually it is less than 32 miles per gallon.
Answer:
Answer is: $148,809.52
Step-by-step explanation:
Susan has purchased a whole life policy with a death benefit of $200,000.
Assuming that she dies in 10 years.
Rate = 3% or 0.03
Future value after 10 years = =
= 1.344
Purchasing power of proceeds = = $148,809.52