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alex41 [277]
4 years ago
14

The value of a boat is $23,400. It loses 8% of its value every year. Find the approximate monthly percent decrease in value. Rou

nd your answer to the nearest hundredth of a percent.
NOT 67% OR 8.4!!!!
Mathematics
2 answers:
Zanzabum4 years ago
7 0

Answer:

23400 x 8/100 = 1872 = the loss  

1872 : 12 = 156= the loss each month  

156/1872*100% = 8.33 % then round it

DaniilM [7]4 years ago
4 0

23400 x 8/100 = 1872 = the loss  

1872 : 12 = 156= the loss each month  

156/1872*100% = 8.33 % then round it

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Answer:

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Step-by-step explanation:

Before i answer this question, you need to understand that p-values give you the clues to identify when you can <u>accept the null hypothesis ( null hypothesis is true)</u> and when you can r<u>eject the null hypothesis (null hypothesis is not true).</u>

<u />

1. When you get a small p-value  (typically ≤ 0.05) values that are less or equal to 0.05, for example 0.01,  you reject the null hypothesis (null hypothesis is not true)

2. when you get a large p-value (> 0.05) values that are greater than 0.05, for example 0.94, 0.90. you can accept the null hypothesis because  indicates weak evidence against the null hypothesis (null hypothesis is true).

<u> This is the explanation:</u>

<u />

a) if the null hypothesis is true  you`ll get a high p-value<u> only if the p-value is ≥ 0.05</u>

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<u></u>

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