Answer:
The value of the test statistic is 
Step-by-step explanation:
The null hypothesis is:
The alternate hypotesis is:
Our test statistic is:
In which X is the sample mean, 
is the value tested at the null hypothesis, 
is the standard deviation and n is the size of the sample.
In this problem, we have that:
Then
The value of the test statistic is
Interest depends a lot on the compounding period.
Since the period is exactly 4 months, we assume
APR=8%
monthly interest=8/12%=0.00666667
Interest due in 4 months
=7000[(1+0.08/12)^4-1]
=7000[0.0269345]
=$188.54
Answer:
351.9 cm^3
Step-by-step explanation:
d = diameter = 8 cm
r = radius = diameter/2 = 4 cm
h = height = 7 cm
volume = (pi)r^2h
volume = (3.14159)(4 cm)^2(7 cm)
volume = 3.14159(16 cm^2)(7 cm)
volume = 351.858 cm^3
Answer: 351.9 cm^3
