Answer:
the value of the investment after 3 years= £11,904
Step-by-step explanation:
sarah invests £9600 at a simple interest rate of 8% per year
number of years = 3
Formula for simple interest
I = P*n* r
P is the initial amount invested= 9600
r is the rate of interest = 8% = 0.08
n = number of years = 3
Now we find interest using formula
I = 9600 * 0.08 * 3= 2304
Interest amount is 2,304
Now we add the interest with the initial amount to get the value of investment after 3 years
9600 + 2304= 11904
I think it B or D I hope i don’t get it wrong
Answer:
P-value is lesser in the case when n = 500.
Step-by-step explanation:
The formula for z-test statistic can be written as
here, μ = mean
σ= standard deviation, n= sample size, x= variable.
From the relation we can clearly observe that n is directly proportional to test statistic. Thus, as the value of n increases the corresponding test statistic value also increases.
We can also observe that as the test statistic's numerical value increases it is more likely to go into rejection region or in other words its P-value decreases.
Now, for first case when our n is 50 we will have a relatively low chance of accurately representing the population compared to the case when n= 500. Therefore, the P-value will be lesser in the case when n = 500.