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rodikova [14]
3 years ago
6

A finance journal, which publishes research on current financial topics, states that the maturity term for a certificate of depo

sit is, on average, 10 years. A banker believes the average maturity term at their bank is different than the amount quoted in the finance journal. After completing a study, the banker found that the average maturity term for a certificate of deposit is 8 years, on average.
Required:
As the banker sets up a hypothesis test to determine if their belief is correct, what is the banker's claim?
Mathematics
1 answer:
Fiesta28 [93]3 years ago
7 0

Answer:

Following are the solution to the given question:

Step-by-step explanation:

In this the hypothesis is:

H_{0}:\mu=10\\\\H_{1}:\mu\neq10

The bankers assert that their bank's average maturity was distinct from that of ten years, that's why the hypothesis of the alternative.

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18)<br> 46°<br> 47°<br> ?<br> A) 89°<br> C) 159°<br> B) 87°<br> D) 97°
kvv77 [185]

Answer:

89 159 87 23=165237890

5 0
3 years ago
mike, dave and john worked for a total of 56 hours. Dave worked 6 more than 4 times as many hours as mike. John worked 6 less th
Daniel [21]

Answer:

1. Dave worked for 34 hours.

2. Perimeter of the rectangle is 172 cm.

Step-by-step explanation:

1. Determination of the hours Dave worked.

Let D represent Dave.

Let M represent Mike.

Let J represent John.

Tota time worked by Dave, Mike and John is 56 hours. This can be written as:

D + M + J = 56 ..... (1)

Dave worked 6 more than 4 times as many hours as Mike. This can written as:

D = 6 + 4M .....(2)

John worked 6 less than 3 times as many hours as Mike. This can be written as:

J = 3M – 6 ........ (3)

Substituting the value of F and J into equation 1, we have:

D + M + J = 56

D = 6 + 4M

J = 3M – 6

6 + 4M + M + 3M – 6 = 56

6 – 6 + 4M + M + 3M = 56

8M = 56

Divide both side by 8

M = 56/8

M = 7

Substitute the value of M into equation (2) to obtain the value of D.

D = 6 + 4M

M = 7

D = 6 + 4(7)

D = 6 + 28

D = 34

Therefore, Dave worked for 34 hours .

2. Determination of the perimeter.

Length (L) = 64 cm

Width (W) = 22 cm

Perimeter (P) =?

P = 2(L + W)

P = 2 (64 + 22)

P = 2 (86)

P = 172 cm

Therefore, the perimeter of the rectangle is 172 cm

6 0
3 years ago
Trig question in picture above <br> solve for x and round to the nearest tenth
faust18 [17]

Answer:

31.9

Step-by-step explanation:

We have the hypotonouse and need the adjacent side

to solve for x we will use CAH

Cos(15)=x/33

33cos(15)=x

x=31.87555 which rounds to 31.9

6 0
3 years ago
A stop sign that is 7 feet tall casts a shadow that is 8 feet long. Find the length of the shadow casted by a nearby 63-foot tal
NeTakaya

Answer:

72 feet is the answer. The shadow of the 63 ft tower.

7 0
3 years ago
sean rented an SUV for 2 days and drove it 430 miles the daily rate was 46.99 and .35 per mile with the first 50 miles being fre
pishuonlain [190]
So, to solve this problem you just have to add up all of the smaller parts.

First, we have our daily charge: $46.99
2 * 46.99 = $93.98

Next, we have our mileage costs, which will be
[ (miles driven) * (charge per mile) ] - (50 * 0.35)
(430 * 0.35) - 17.5
150.50 - 17.50 = $133

Finally, we add our daily rate to our mileage costs.
93.98 + 133 = $226.98
8 0
3 years ago
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