Answer:
(D) Conclusion: Do not support the claim that the mean is greater than 9.4 minutes
Step-by-step explanation:
Let X be the mean duration of long distance telephone class originating in one town.
(one tailed test)
The conclusion of the hypothesis test assuming that the results of the sampling don’t lead to rejection of the null hypothesis.
This means that there is no statistical evidence to support the alternate claim.
Hence option D is right.
(D) Conclusion: Do not support the claim that the mean is greater than 9.4 minutes
<u>Answer:</u>
x = 0.417 or x = -0.917
<u>Step-by-step explanation:</u>
We are given the following expression and we are to solve it for the variable x:
We will find the least common multiple of 2. 6 and 9:
Simplifying it to get:
Using the quadratic formula to solve for x:
or
or
Answer:
Present value = $4,122.4
Accumulated amount = $4,742
Step-by-step explanation:
Data provided in the question:
Amount at the Start of money flow = $1,000
Increase in amount is exponentially at the rate of 5% per year
Time = 4 years
Interest rate = 3.5% compounded continuously
Now,
Accumulated Value of the money flow =
The present value of the money flow =
=
=
=
= 1000 × [70.7891 - 66.6667]
= $4,122.4
Accumulated interest =
=
= $4,742