We'll have to assume that interest is charged annually.
interest = i = p*r*t, where p is the initial amount ($25000), r is the annual interest rate as a decimal fraction, and t is the length of time, in years.
Then $2625 = $25000*0.035*t. Solve for t:
$2625
------------ = 0.035t = 0.105. Dividing both sides by 0.035, we get
$25000
t = 3 years (answer)
Answer:
<em>F test</em>
Step-by-step explanation:
<em>For any test using the F-distribution, a "F Test" is a capture-all word. In certain circumstances, as individuals speak about the F-Test, it is the F-Test to compare two variances that they actually talk about. </em>
Moreover, in a multitude of tests, the f-statistics is used such as regression analysis, the Chow test and the Scheffe test (a post-hoc ANOVA test).
One should be using Excel, SPSS, Minitab or some other form of software to run the experiment if you are running a F test.
<em><u>Steps include.</u></em>
- State the hypothesis of nullity and the counter hypothesis.
- Determine the value of F. The F value is determined using equation F = (SSE1 – SSE2/m)/SSE2/n-k, where SSE = square residual, m = number of constraints, and k = number of independent variables.
- Find the statistics for F (the critical value for the test). The F statistical formula is: F Statistics = group mean / mean variance of variances within the group.
- The F Statistics can be found in the F-Table.
- The Null Hypothesis is accepted or denied.
Answer:
x = 32
Step-by-step explanation:
You can soustracte the first or the second one
and y cancel
x = 6
now you put 6 in x
you can take the first or the second one
6 - y = -2
6 - y = -2
y = -8
