Suppose that the p-value was 0.0259. what is the appropriate conclusion to make if α = 0.05?
1 answer:
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Given :
Han says that we can wrap a 5 foot rope around a wheel with a 2 foot rope.
To Find :
It this true or false.
Solution :
Radius of wheel, r = 1 foot.
Circumference of wheel is given by :
Since, circumference is greater than 5 foot, therefore, we cannot wrap a 5-foot rope around a wheel with a 2-foot diameter.
Hence, this is the required solution.
Answer:
The semiannual interest payment is $485.5
The total interest earned over the life of the bond is $10,681
Step-by-step explanation:
The formula of the simple interest is I = Prt, where
- P is the money invested
- r is the interest rate in decimal
- t is the time in years
∵ The bond is $20,000
∴ P = 20,000
∵ First Income Fund 11-year bond at 4.855%
∴ t = 11
∴ r = 4.855%
- Change it to decimal by divide it by 100
∴ r = 4.855 ÷ 100 = 0.04855
∵ The semiannual interest payment = P × r × half a year
∴ The semiannual interest payment = 20,000 × 0.04855 × (1)
∴ The semiannual interest payment = 485.5
The semiannual interest payment is $485.5
∵ I = Prt
- Substitute the values of P, r and t in the formula
∴ I = 20,000(0.04855)(11)
∴ I = 10,681
The total interest earned over the life of the bond is $10,681