Answer:
the annual interest rate is 7.583%
Step-by-step explanation:
We are given
Summer has an offer to buy an item with a sticker price of $13,200
so, we have
P=13200
paying $460 a month for 36 months
so, we can find total amount
Let's assume
annual interest is r
total time =36 months
so, total number of years =3
Since, it is compounded monthly
so, n=12
now, we can use formula
now, we can plug values
now, we can solve solve for r
So, the annual interest rate is 7.583%
If your divide 7,500 by 2 1/2 hours, you get 3,000, the number of grass seeds laid per hour
It is 4.69 days or 112 hours
Answer:
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Answer:
Step-by-step explanation:
Hello!
Given the variables
Y: standardized history test score in third grade.
X₁: final percentage in history class.
X₂: number of absences per student.
<em>Determine the following multiple regression values.</em>
I've estimated the multiple regression equation using statistics software:
^Y= a + b₁X₁ + b₂X₂
a= 118.68
b₁= 3.61
b₂= -3.61
^Y= 118.68 + 3.61X₁ - 3.61X₂
ANOVA Regression model:
Sum of Square:
SS regression: 25653.86
SS Total: 36819.23
F-ratio: 11.49
p-value: 0.0026
Se²= MMError= 1116.54
Hypothesis for the number of absences:
H₀: β₂=0
H₁: β₂≠0
Assuming α:0.05
p-value: 0.4645
The p-value is greater than the significance level, the decision is to not reject the null hypothesis. Then at 5% significance level, there is no evidence to reject the null hypothesis. You can conclude that there is no modification of the test score every time the number of absences increases one unit.
I hope this helps!
