What is 10 squared then the cube root of that
1 answer:
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Answer:
Original claim is
Opposite claim is
Null and alternative hypotheses:
Significance level: 0.01
Test statistic:
We can use TI-84 calculator to find the test statistic and P-value. The steps are as follows:
Press STAT and the scroll right to TESTS
Scroll down to 2-SampTTest... and scroll to stats.
Enter below information.
Pooled: Yes
Calculate.
The output is in the attachment.
Therefore, the test statistic is:
P-value: 0.4412
Reject or fail to reject: Fail to reject
Final Conclusion: Since the p-value is greater than the significance level, we, therefore, fail to reject the null hypothesis and conclude that the there is sufficient evidence to support the claim that the samples are from populations with the same mean.
Answer:
We divide both sides by 100000 and we got:
Now we can apply natural logs on both sides;
And then the value of t would be:
And rounded to the nearest tenth would be 9.2 years.
Step-by-step explanation:
For this case since we know that the interest is compounded continuously, then we can use the following formula:
Where A is the future value, P the present value , r the rate of interest in fraction and t the number of years.
For this case we know that P = 100000 and r =0.12 we want to triplicate this amount and that means and we want to find the value for t.
We divide both sides by 100000 and we got:
Now we can apply natural logs on both sides;
And then the value of t would be:
And rounded to the nearest tenth would be 9.2 years.