This question is incomplete, the complete question is;
X and Y are independent Gaussian (Normal) random Variables. X has mean 13.9 and variance 5.2; Y has mean 6.9 and variance 3.8. . (a) Calculate P( W> 10)
Answer:
P( W> 10) is 0.1587
Step-by-step explanation:
Given that;
X ⇒ N( 13.9, 5.2 )
Y ⇒ N( 6.9, 3.8 )
W = X - Y
Therefore
E(W) = E(X) - E(Y)
= 13.9 - 6.9 = 7
Var(W) = Var(X) + Var(Y) -2COV(X.Y)
[ COV(X,Y) = 0 because they are independent]
Var(W) = 5.2 + 3.8 + 0
= 9
Therefore
W ⇒ N( 7, 9 )
so
P( W > 10 )
= 1 - P( W ≤ 10 )
= 1 - P( W-7 /3 ≤ 10-7 /3 )
= 1 - P( Z ≤ 1 ) [ Z = W-7 / 3 ⇒ N(0, 1) ]
from Standard normal distribution table, P( Z ≤ 1 ) = 0.8413
so
1 - P( Z ≤ 1 ) = 1 - 0.8413 = 0.1587
Therefore P( W> 10) is 0.1587
The anwser is for the question tht u are looking for is no other then the first anwser A!!!
Answer:
--- test statistic
--- p value
Conclusion: Fail to reject the null hypothesis.
Step-by-step explanation:
Given


--- Null hypothesis
---- Alternate hypothesis

Solving (a): The test statistic
This is calculated as:

So, we have:






Solving (b): The p value
This is calculated as:

So, we have:

Look up the z probability in the z score table. So, the expression becomes


Solving (c): With
, what is the conclusion based on the p value
We have:

In (b), we have:

By comparison:

i.e.

So, we fail to reject the null hypothesis.
$728.00 I’m assuming. Because the equation should be A(t)= P(1+i) ^t right? Telling us that P= principal, i= interest & t= time.
I’m assuming from MY financial mathematics class.