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jok3333 [9.3K]
3 years ago
11

Debra Goforth's savings account shows a balance of $904.31 on March

Mathematics
1 answer:
yanalaym [24]3 years ago
4 0

Answer:

Debra Goforth's savings account shows a balance of $904.51 on March 1. The same day, she ... of $904.51 on March 1. The same day, she made a deposit of $375.00 to the account. She also made deposits of $500.00 on April 1 and May 1. The bank pays interest at a rate of 5.5 percent compounded daily.

Step-by-step explanation:

Hope this helps!

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First, we establish our hypothesis:

<span>Null hypothesis H0: μ = $1.00  </span>

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Since alpha = 0.01, the decision therefore is:

<span>Do not reject the null hypothesis because the p-value is greater than 0.01. There is enough evidence to support the claim that the mean cost of newspapers is $1. </span>

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