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Zigmanuir [339]
3 years ago
13

Jack invested $2,900 in an account paying an interest rate of 8 % compounded

Mathematics
1 answer:
damaskus [11]3 years ago
6 0

Answer: $628

Step-by-step explanation:

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A field researcher is gathering data on the trunk diameters of mature pine and spruce trees in a certain area. The following are
lidiya [134]

Answer:

As the pvalue of the test is 0.02097 < 0.1, using a .10 significance level, he can conclude that the average trunk diameter of a pine tree is greater than the average diameter of a spruce tree.

Step-by-step explanation:

Using a .10 significance level, can he conclude that the average trunk diameter of a pine tree is greater than the average diameter of a spruce tree

The null hypothesis is that they are equal(that is, subtraction between the means is 0), while the alternate hypothesis is that they are greater(that is, subtraction between the means is larger than 0). So

H_0: \mu_1 - \mu_2 = 0

H_a: \mu_1 - \mu_2 > 0

In which \mu_1 is the mean pine trees height while \mu_2 is the mean spruce trees height.

The test statistic is:

z = \frac{X - \mu}{s}

In which X is the sample mean, \mu is the value tested at the null hypothesis and s is the standard error.

0 is tested at the null hypothesis:

This means that \mu = 0

Mean trunk diameter (cm) 35 30:

Pine trees - 35

Spruce trees - 30

The sample mean is given by the subtraction of the means. So

X = 35 - 30 = 5

Sample Size 40 80

Population variance 160 160

This means that the standard error for each sample is given by:

s_1 = \frac{\sqrt{160}}{\sqrt{40}} = 2

s_1 = \frac{\sqrt{160}}{\sqrt{80}} = \sqrt{2}

The standard error of the difference is the square root of the sum squared of the standard error of each sample.

s = \sqrt{2^2 + (\sqrt{2})^2} = \sqrt{6} = 2.4495

Test statistic:

z = \frac{X - \mu}{s}

z = \frac{5 - 0}{2.4495}

z = 2.04

Pvalue of the test:

Probability of a sample mean larger than 5, which is 1 subtracted by the pvalue of Z when X = 5.

Looking at the z-table, z = 2.04 has a pvalue of 0.9793.

1 - 0.9793 = 0.0207

As the pvalue of the test is 0.02097 < 0.1, using a .10 significance level, he can conclude that the average trunk diameter of a pine tree is greater than the average diameter of a spruce tree.

8 0
3 years ago
4) What is the present value of $4000 received at the
Bingel [31]

Answer:

$11040

Step-by-step explanation:

first of all the question says that $4000 were earned in a year and asks for what the new vale would be after the next 3 years with a discount rate of 8%.

If 1 year=$4000,then 3 years=$12000

100%-8%=92% (this happens because there is still a remaining amount that still has a cost to it),so 12000*92%=$11040

8 0
3 years ago
Read 2 more answers
1. On which road would there be a larger standard deviation in speed: a backroad or an interstate? Justify your answer
White raven [17]

Answer:

Your answers may vary slightly. 5.2 Normal Distributions: Finding Probabilities If you are given that a random variable Xhas a normal distribution, nding probabilities corresponds to nding the area between the standard normal curve and the x-axis, using the table of z-scores. The mean (expected value) and standard deviation ˙should be given

Step-by-step explanation:

7 0
3 years ago
Find the average rate of change of the function f(x), represented by the graph, over the interval [0, 3]. Calculate the average
Over [174]

Answer:

[f(3) - f(0)]/(3-0)

[f(3) - f(0)]/3

7 0
3 years ago
Mrs. Cruise prepared gift baskets for her friend. She had 21 mangoes 20 apples and 14 avocados. She places the fruits in each ba
GarryVolchara [31]

Answer:

14

Step-by-step explanation:

I think. sorry if i am wrong

5 0
3 years ago
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