There are 10 m of thread on the reel. She use 210 cm. In centimeters. How much is left on the reel
2 answers:
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Answer:
Future value of annuity (FV) = $13,782.12 (Approx)
Step-by-step explanation:
Given:
Periodic payment p = $500
Interest rate r = 13% = 13%/4 = 0.0325 (Quarterly)
Number of period n = 5 x 4 = 20 quarter
Find:
Future value of annuity (FV)
Computation:
Future value of annuity (FV) = $13,782.12 (Approx)
Solution :
To claim to be tested is whether "the mean salary is higher than 48,734".
i.e. μ > 48,734
Therefore the null and the alternative hypothesis are
and
Here, n = 50
s = 3600
We take , α = 0.05
The test statistics t is given by
t = 2.15
Now the ">" sign in the sign indicates that the right tailed test
Now degree of freedom, df = n - 1
= 50 - 1
= 49
Therefore, the p value = 0.02
The observed p value is less than α = 0.05, therefore we reject . Hence the mean salary that the accounting graduates are offered from the university is more than the average salary of 48,734 dollar.