Answer:
(1/2,5)
Step-by-step explanation:
Answer:

Step-by-step explanation:
Given
Phone R-Us= $16.95 + $0.05 per SMS
Awesome Wireless = $22.95 + $0.02 per SMS
Required
Determine the number of SMS such that Awesome Wireless is greater or equal to Phone R-Us
Represent the SMS with S
For Phone R-Us, we have:

For Awesome Wireless, we have:

For Awesome Wireless is greater or equal to Phone R-Us, we have:

Collect Like Terms


Solve for S


<em>Hence: for Awesome Wireless to cost more or equal to Phone R-Us, the number of SMS must not exceed 200</em>
First lets get rid of the deposit.
(0.95*6000)=5700
Formula is I=PRT
I= Interest earned
P=Principal amount (5700)
R=Rate (18% or 0.18 or 18/100)
T=Time period (2 years)
Equation:
I= 5700*2*0.18
I= 2052
But remember the question asks for monthly payments!
2052/24 (12 months in a year and T= 2 years)
Answer=$85.50
Answer:
We <em>fail to reject H₀ </em>as there is insufficient evidence at 0.5% level of significance to conclude that the mean hours of TV watched per day differs from the claim.
Step-by-step explanation:
This is a two-tailed test.
We first need to calculate the test statistic. The test statistic is calculated as follows:
Z_calc = X - μ₀ / (s /√n)
where
- X is the mean number of hours
- μ₀ is the mean that the sociologist claims is true
- s is the standard deviation
- n is the sample size
Therefore,
Z_calc = (3.02 - 3) / (2.64 /√(1326))
= 0.2759
Now we have to calculate the z-value. The z-value is calculated as follows:
z_α/2 = z_(0.05/2) = z_0.025
Using the p-value method:
P = 1 - α/2
= 1 - 0.025
= 0.975
Thus, using the positive z-table, you will find that the z-value is
1.96.
Therefore, we reject H₀ if | Z_calc | > z_(α/2)
Thus, since
| Z_calc | < 1.96, we <em>fail to reject H₀ </em>as there is insufficient evidence at 0.5% level of significance to conclude that the mean hours of TV watched per day differs from the claim.