Answer:
<em>Answer: D. Jake paid his loan in 12 months</em>
Step-by-step explanation:
Jake took out an interest-free loan of $2,401.56 from the bank to buy a car.
Since he has to pay no interest for the loan, the monthly payments are totally used to cover the amount of the loan.
He paid the bank $200.13 each month, thus the total months needed to pay the loan is:

Answer: D. Jake paid his loan in 12 months
Answer:
Option b. should not be rejected
Step-by-step explanation:
We are given that the contents of a sample of 26 cans of apple juice showed a standard deviation of 0.06 ounces.
We have to test whether the variance of the population is significantly more than 0.003, i.e.;
Null Hypothesis,
:
=
Alternate Hypothesis,
:
The test statistics used here for testing variance is;
T.S. =
~
where, s = sample standard deviation = 0.06
n = sample size = 26 cans
So, Test statistics =
~ 
= 30
So, at 5% level of significance chi square table gives critical value of 37.65 at 25 degree of freedom. Since our test statistics is less than the critical so we have insufficient evidence to reject null hypothesis.
Therefore, we conclude that null hypothesis should not be rejected and variance of population is 0.003.
The answers are
1: False
2: True
3: True
4: False