Assume a significance level of α=0.01 and use the given information to complete parts (a) and (b) below. Original claim: The
mean pulse rate (in beats per minute) of a certain group of adult males is 75 bpm. The hypothesis test results in a P-value of 0.0087. a. State a conclusion about the null hypothesis. (Reject H0 or fail to reject H0.) Choose the correct answer below. A. Reject H0 because the P-value is less than or equal to α. B. Fail to reject H0 because the P-value is less than or equal to α. C. Fail to reject H0 because the P-value is greater than α. D. Reject H0 because the P-value is greater than α.
Her investment was $4500. To get this, you take 1890 and divide it by 7, giving you 270. This is 6% of 4500. To prove this, you would multiply 4500 by .06, giving the answer of 270, which can then be multiplied by 7 (years) to equal $1890.
