The loan will be for $25900 over 5 years at 6.25% what will the interest be on the loan

Ludmilka [50]

Answer:

A, x>3

Step-by-step explanation:

You solve the equation as normal by crossing out both sides and getting what equals to x, but since you divided by a negative the sign flips and you are left with your answer. Hope this helps!

8 0

3 years ago

Suppose we are interested in analyzing the weights of NFL players. We know that on average, NFL players weigh 247 pounds with a

tigry1 [53]

Answer:

$SE= \frac{\sigma}{\sqrt{n}} = \frac{47}{\sqrt{30}}= 8.58$

$ME= 1.64 *\frac{\sigma}{\sqrt{n}} = 1.64*\frac{47}{\sqrt{30}}= 14.073$

$\bar X - ME = 237- 14.073 = 222.927$

$\bar X + ME = 237+ 14.073 = 251.073$

$n=(\frac{1.640(47)}{5})^2 =237.65 \approx 238$

So the answer for this case would be n=238 rounded up to the nearest integer

Null hypothesis: $\mu \geq 247$

Alternative hypothesis: $\mu$

$z=\frac{237-247}{\frac{47}{\sqrt{30}}}=-1.165$

$p_v =P(z$

If we compare the p value and the significance level given $\alpha=0.1$ we see that $p_v>\alpha$ so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can't conclude that the true mean is lower than 247 at 10% of significance.

Step-by-step explanation:

For this case we have the following data given:

$\bar X =237$ represent the sample mean

$\sigma = 47$ represent the population deviation

$n =30$ represent the sample size selected

$\mu_0 = 247$ represent the value that we want to test.

The standard error for this case is given by:

$SE= \frac{\sigma}{\sqrt{n}} = \frac{47}{\sqrt{30}}= 8.58$

For the 90% confidence the value of the significance is given by $\alpha=1-0.9 = 0.1$ and $\alpha/2 = 0.05$ so we can find in the normal standard distribution a quantile that accumulates 0.05 of the area on each tail and we got:

$z_{\alpha/2}= 1.64$

And the margin of error would be:

$ME= 1.64 *\frac{\sigma}{\sqrt{n}} = 1.64*\frac{47}{\sqrt{30}}= 14.073$

The confidence interval for this case would be given by:

$\bar X - ME = 237- 14.073 = 222.927$

$\bar X + ME = 237+ 14.073 = 251.073$

The margin of error is given by this formula:

$ME=z_{\alpha/2}\frac{\sigma}{\sqrt{n}}$ (a)

And on this case we have that ME =5 and we are interested in order to find the value of n, if we solve n from equation (a) we got:

$n=(\frac{z_{\alpha/2} \sigma}{ME})^2$ (b)

Replacing into formula (b) we got:

$n=(\frac{1.640(47)}{5})^2 =237.65 \approx 238$

So the answer for this case would be n=238 rounded up to the nearest integer

State the null and alternative hypotheses.

We need to conduct a hypothesis in order to check if the true mean is lower than 247 pounds, the system of hypothesis would be:

Null hypothesis: $\mu \geq 247$

Alternative hypothesis: $\mu$

Since we know the population deviation, is better apply a z test to compare the actual mean to the reference value, and the statistic is given by:

$z=\frac{\bar X-\mu_o}{\frac{\sigma}{\sqrt{n}}}$ (1)

z-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".

Calculate the statistic

We can replace in formula (1) the info given like this:

$z=\frac{237-247}{\frac{47}{\sqrt{30}}}=-1.165$

P-value

Since is a left tailed test the p value would be:

$p_v =P(z$

Conclusion

If we compare the p value and the significance level given $\alpha=0.1$ we see that $p_v>\alpha$ so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can't conclude that the true mean is lower than 247 at 10% of significance.

5 0

3 years ago

If f(x) = + 8, what is f(x) when x = 10?<br> Help

Reptile [31]

Step-by-step explanation:

f(x) = + 8

x = 10?

f(10)= +8

no change

5 0

3 years ago

Read 2 more answers

each day ashley practices free throws. the first day she takes 12 shots and every day after she takes 2 more than the previous d

morpeh [17]

I added 12+5(2) and got 22. Since 12 was how many shots she made on the first day and she makes 2 more shots than the previous day I did 5x2 which is 10 and add them up it makes 22:)

8 0

3 years ago

There are 100m of ribbon. 1 1/2m are needed to make a bouquet. How man can be made? How many m of ribbon are left over ?

Umnica [9.8K]

Answer:

66 can be made

1m left

Step-by-step explanation:

$100 \div 1.5 = 66.667(5s.f.)$

Ribbons that can be made= 66

$66 \times 1.5 = 99m$

length used= 99m

length remaining= 100m- 99m= 1m

8 0

3 years ago