HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Todd is able to pay $180 a month for 5 years for a car. if the interest rate is 4.9 percent, how much can todd afford to borrow

vlabodo [156]

If you turn the years into months(60) and multiply it by the 180 per month =, you end with 10,800 then multiply that by .49 because its a percent and get a total of 5,292. Finally add the 10,800 and 5,292 and the answer is $16,092.

6 0

3 years ago

Health insurance benefits vary by the size of the company (the Henry J. Kaiser Family Foundation website, June 23, 2016). The sa

xxMikexx [17]

Answer:

$\chi^2 = \frac{(32-42)^2}{42}+\frac{(18-8)^2}{8}+\frac{(68-63)^2}{63}+\frac{(7-12)^2}{12}+\frac{(89-84)^2}{84}+\frac{(11-16)^2}{16}=19.221$

Now we can calculate the degrees of freedom for the statistic given by:

$df=(rows-1)(cols-1)=(3-1)(2-1)=2$

And we can calculate the p value given by:

$p_v = P(\chi^2_{2} >19.221)=0.000067$

And we can find the p value using the following excel code:

"=1-CHISQ.DIST(19.221,2,TRUE)"

Since the p values is higher than a significance level for example $\alpha=0.05$ , we can reject the null hypothesis at 5% of significance, and we can conclude that the two variables are dependent at 5% of significance.

Step-by-step explanation:

Previous concepts

A chi-square goodness of fit test "determines if a sample data matches a population".

A chi-square test for independence "compares two variables in a contingency table to see if they are related. In a more general sense, it tests to see whether distributions of categorical variables differ from each another".

Solution to the problem

Assume the following dataset:

Size Company/ Heal. Ins. Yes No Total

Small 32 18 50

Medium 68 7 75

Large 89 11 100

_____________________________________

Total 189 36 225

We need to conduct a chi square test in order to check the following hypothesis:

H0: independence between heath insurance coverage and size of the company

H1: NO independence between heath insurance coverage and size of the company

The statistic to check the hypothesis is given by:

$\sum_{i=1}^n \frac{(O_i -E_i)^2}{E_i}$

The table given represent the observed values, we just need to calculate the expected values with the following formula $E_i = \frac{total col * total row}{grand total}$

And the calculations are given by:

$E_{1} =\frac{50*189}{225}=42$

$E_{2} =\frac{50*36}{225}=8$

$E_{3} =\frac{75*189}{225}=63$

$E_{4} =\frac{75*36}{225}=12$

$E_{5} =\frac{100*189}{225}=84$

$E_{6} =\frac{100*36}{225}=16$

And the expected values are given by:

Size Company/ Heal. Ins. Yes No Total

Small 42 8 50

Medium 63 12 75

Large 84 16 100

_____________________________________

Total 189 36 225

And now we can calculate the statistic:

$\chi^2 = \frac{(32-42)^2}{42}+\frac{(18-8)^2}{8}+\frac{(68-63)^2}{63}+\frac{(7-12)^2}{12}+\frac{(89-84)^2}{84}+\frac{(11-16)^2}{16}=19.221$

Now we can calculate the degrees of freedom for the statistic given by:

$df=(rows-1)(cols-1)=(3-1)(2-1)=2$

And we can calculate the p value given by:

$p_v = P(\chi^2_{2} >19.221)=0.000067$

And we can find the p value using the following excel code:

"=1-CHISQ.DIST(19.221,2,TRUE)"

Since the p values is higher than a significance level for example $\alpha=0.05$ , we can reject the null hypothesis at 5% of significance, and we can conclude that the two variables are dependent at 5% of significance.

3 0

3 years ago

3. Consider the equations 8 + x = n.

Scrat [10]

If n is a negative number, x would be less than -8.

3 0

3 years ago

Which graph best represents the equation 5x + y = 4? A. B. C. D.

AlladinOne [14]

Answer:

Step-by-step explanation:

6 0

3 years ago

Please show work for both problems

kirill [66]

Answer:

3) x = 15; 95 and 85 4) x = 12; 98 for both angles

Step-by-step explanation:

2x + 65 + 3x + 40 = 180 Set the equations equal to 180

5x + 105 = 180 Combine like terms

- 105 - 105 Subtract 105 from both sides

5x = 75 Divide both sides by 5

x = 15

Plug 15 into both equations

2(15) + 65 = 95

3(15) + 40 = 85

4) 5x + 38 = 9x - 10 Set the equations equal to each other

- 5x - 5x Subtract 5x from both sides

38 = 4x - 10

+ 10 + 10 Add 10 to both sides

48 = 4x Divide both sides by 4

12 = x

Plug 12 into both equations

5(12) + 38 = 98

9(12) - 10 = 98

6 0

3 years ago