Answer:
The correct answer to the following question will be "70.56".
Step-by-step explanation:
The given values are:
Loan requires, PV = $100,000
Years = 20
Number of months, n = 240
Rate interest = 4.90000%
Monthly rate, r = 0.408333%
Monthly rental payment = $725
As we know,
On putting the values in the above formula, we get
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Now,
On putting the values, we get
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Answer:
Step-by-step explanation:
Given that a professor sets a standard examination at the end of each semester for all sections of a course. The variance of the scores on this test is typically very close to 300.
(Two tailed test for variance )
Sample variance =480
We can use chi square test for testing of hypothesis
Test statistic =
p value = 0.0100
Since p <0.05 our significance level, we reject H0.
The sample variance cannot be claimed as equal to 300.