You have to subtract the degrees like in this picture:
Answer:
$2400
$12,400
Step-by-step explanation:
Simple interest equation:
PV(1+it)
we have
10000(1+.06*4)
10000(1.24)
12400
Subtract the PV to get the interest earned
12400-10000= 2400
We just found that the total would be 12,400 and so part B is already solved
Wheres the rest of the problem? or is this it?
Answer:
H0: There is no association between state and sporting preference.
H1: There is an association between state and sporting preference
Step-by-step explanation:
The hypothesis to be tested for is whether the factor 'state' is associated with the factor 'sporting preference'.
The study is therefore about 'association' and whether the distributions of sporting preferences are identical across states. In scenario in this case is the test for association which is the most appropriate test.
Two factors are deemed to not be associated unless there is supporting evidence to suggest otherwise. Since the null hypothesis is the default belief, the correct pair of hypotheses are:
H0: There is no association between state and sporting preference.
H1: There is an association between state and sporting preference
