What’s the minimum cuts needed to cut a circle into 8 equal parts
2 answers:
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Answer:
There is no statistical evidence at 1% level to accept that the mean net contents exceeds 12 oz.
Step-by-step explanation:
Given that a random sample of ten containers is selected, and the net contents (oz) are as follows: 12.03, 12.01, 12.04, 12.02, 12.05, 11.98, 11.96, 12.02, 12.05, and 11.99.
We find mean = 11.015
Sample std deviation = 3.157
a)
(Right tailed test)
Mean difference /std error = test statistic
p value =0.174
Since p >0.01, our alpha, fail to reject H0
Conclusion:
There is no statistical evidence at 1% level to accept that the mean net contents exceeds 12 oz.
Answer:
$501,049.37
Step-by-step explanation:
For computing the amount after 22 years we need to applied the future value which is shown in the attachment below:
Given that
PMT = $9,000
NPER = 22 years
Annual rate = 0.078
Quarterly= 0.078 ÷ 4 = 0.0195
Effective annual rate = (1.0195^4) - 1 = 0.0803113041
Now applied the formula which is given below
= -FV(RATE;NPER;PMT;PV)
After applying the above formula, the future value is $501,049.37
