Every month, the bank withdraws $15
1 answer:
Answer:
5 months
Step-by-step explanation:
Given :The bank withdraws $15 from Betsy’s checking account as a service fee every month.
To Find : Betsy has budgeted $75 for the next few service fees. For how many months will the service fee be covered?
Solution :
Since we are given that $15 is service fees for 1 month
So. $1 is service fee for month =
So, $75 is service fee for months =
=
Hence$75 service charge will be covered for 5 months .
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Answer:
B. There is not sufficient evidence at the 0.02 level of significance that the new technique reduces training time.
Step-by-step explanation:
We are given that using traditional methods it takes 107 hours to receive an advanced flying license.
A researcher believes the new technique may reduce training time and decides to perform a hypothesis test.
Let = <u><em>average training time to receive an advanced flying license</em></u>
So, Null hypothesis, :
107 hours {means that the new technique doesn't reduce training time}
Alternate Hypothesis, :
< 107 hours {means that the new technique may reduce training time}
Now, it is stated that after performing the test on 50 students, the researcher decides to reject the null hypothesis at a 0.10 level of significance.
As we know that if the test statistics value is rejected at a 10% level of significance, then it must not be rejected at the 0.02 level of significance.
This means that there is not sufficient evidence at the 0.02 level of significance that the new technique reduces training time because our null hypothesis has not been rejected.