Help me out here, for economics
1 answer:
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Answer:
Since the p>0.05,we do not reject H0 .There is insufficient evidence to conclude that there is a difference in the average donation given in Presbyterian vs Catholic church on Sundays.
Explanation:
Since the p>0.05,we do not reject H0 .There is insufficient evidence to conclude that there is a difference in the average donation given in Presbyterian vs Catholic church on Sundays.
Please see calculation attached .
Solution :
Number of days = 90 days
Amount invested = $45 million
So the current earnings is
The number of days is reduced to 50 days. So we can now make the same amount in just 50 days.
So the net increase is what we will make in the remaining days.
If in 50 days, we earn 0.075 return, then we can consider 50 days as
Then the days =
return, and
days =
= million increase
= $ 5.7 million