For this case we have an equation of the form:
y = A * (b) ^ t
Where,
A: initial amount
b: growth rate
t: time
The given equation is:
a = 1300 (1.02) ^ 7
Where,
b = 1.02
It represents a growth of 2% on the initial amount.
Answer:
1.02 represented in this equation a growth of 2% on the initial amount.
8/12 because 3/4 is equal to 9/12 and there was 1/12 left so 8/12
Answer:
The test statistic is 
Step-by-step explanation:
From the question we are told that
The population mean is 
The The level of significance is 
The sample size is n = 18
The null hypothesis is 
The alternative hypothesis is 
The sample mean is 
The standard deviation is 
Generally the test statistics is mathematically represented as

substituting values


Multiplicative identity, which states that anything multiplied by 1 is itself.