Answer:
Hmmm... There's no question which leads to the reasoning that there is no answer.
Step-by-step explanation:
Step-by-step explanation:
you add 9% to a number by multiplying that number by 1.09.
because adding 9% gives us in the end 109% of the original amount.
anyway, the formula for quarterly compounded interest is
Cq = P [ (1+r)^(4*n) – 1 ]
P is the starting principal amount
r is the interest rate per quarter (= interest rate / 4)
n would be the number of years (= 1 in our case).
so, the interest after 1 year is
12500((1 + 0.09/4)⁴ - 1) = 12500(1.0225⁴ - 1) =
= 12500 × 0.093083319 = $1,163.541485 ≈ $1,163.54
I'm assuming there is probably a graph that goes with this problem so here is all the info I can give you with the four choices:
If it is -1/3, the line will go DOWN 1, over 3 (just count on the graph)
If it is 3, the line will go UP 3, over 1
If it is 1/3, the line will go UP 1, over 3
And if it it -3, it will go DOWN 3, over 1
(If the slope is 3 or -3, it would be quite steep compared to a slope of 1/3 or -1/3)
Hope that helps!
Answer:
c) t-test of population mean
Explanation:
The t-test statistic is used in hypothesis testing. Here we would use a one sample t test to test our hypothesis. The one sample t test measures the statistical difference between the hypothesized mean and the sample mean. In a one sample t test or single sample t test, a test variable is measured against a test value.
Example we compare our test variable to the hypothesized mean value $75 above.
The t test is used instead of z score when standard deviation is unknown.
Using the t test, we either accept or reject the null hypothesis given alternative hypothesis.
