Answer:
4 years difference
Step-by-step explanation:
Answer:
Do no reject null hypothesis.
Conclusion:
there is no sufficient statistical evidence at 0.025 level of significance to support the claim.
Step-by-step explanation:
Given that;
mean x" = 5.4
standard deviation σ = 0.7
n = 6
Null hypothesis H₀ : μ = 5.0
Alternative hypothesis H₁ : μ > 5.0
∝ = 0.025
now,
t = ( 5.4 - 5.0) / ( 0.7/√6) = 0.4 / 0.2857 = 1.4
degree of freedom df = n-1 = 6 - 1 = 5
T critical = 2.571
Therefore; t < T critical,
Do no reject null hypothesis.
Conclusion:
there is no sufficient statistical evidence at 0.025 level of significance to support the claim.
i believe it is 19 if im wrong sorry
The saving plan balance is $3,677.53.
Given that,
- The no of months is 18.
- The annual percentage rate is 3% so the monthly rate percentage is 0.25%.
- And, the monthly payment is $200.
Based on the above information, the following formula should be used:
FVA = PMT× [(1+r)^n - 1] ÷ r
= $200 × [(1+ 0.0025)^18 - 1] ÷ 0.0025
= $3,677.53
Therefore we can conclude that the saving plan balance is $3,677.53.
Learn more: brainly.com/question/14191332
I believe the answer is 2783 for 1 a - either
