The answer to that would be “169”
Answer:
The value of test statistic is 1.338
Step-by-step explanation:
We are given the following in the question:
Population mean, μ = 16.000
Sample mean,
= 16.218
Sample size, n = 22
Alpha, α = 0.05
Sample standard deviation, s = 0.764
First, we design the null and the alternate hypothesis
We use one-tailed t test to perform this hypothesis.
Formula:
Putting all the values, we have
Thus, the value of test statistic is 1.338
Answer:
C. 7
Step-by-step explanation:
Therefore, by Basic Proportionality theorem:

Answer:
You should choose an account with a 7% annual interest rate which is compounded quarterly
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
part 1)
we have
substitute in the formula above
part 2)
we have
substitute in the formula above