Answer: 7.5
Step-by-step explanation:
All you have to do is divide the base/width by area.
Answer:
The percentage rate per annum is 2.8%
Step-by-step explanation:
We need to multiply the principal by the time, then divide the interest by the product of P×T, so:
1,600 × 5 = 8,000
224 ÷ 8,000 = 0.028
Then we convert our final product to a percentage.
0.028 to a percent is 2.8%
Answer:
Test statistic = -2.44
There is enough evidence to support the strategist's claim.
Step-by-step explanation:
H0 : p = 0.41
H1 : p < 0.41
pˆ = 0.38
Test statistic :
z=pˆ−p/√p(1−p)/n
Z = (0.38 - 0.41) / √(0.41(1 - 0.41) / 1600
Z = - 0.03 / √0.0001511875
Z = - 0.03 / 0.0122958
Z = - 2.4399
Test statistic = -2.44
The Pvalue :
P(Z < -2.44) = 0.0073436
α - level = 0.02
If Pvalue < α ; Reject H0
0.0073436 < 0.02 ; We reject H0
Since Pvalue < α ; Hence, There is enough evidence to support the strategist's claim.
