Margo borrows $1100, agreeing to pay it back with 6% annual interest after 6 months. How much interest will she pay?
2 answers:
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Answer:
From our calculations the large jar is the best value for money because a penny buys more honey
Step-by-step explanation:
<h2>In this problem we are expected to determine which purchase of honey is the cheapest ? large jar or small jar ?.</h2><h2 />We will determine which has the best value for money using the quantity a pound can purchase.
firstly for the large jar.
if £4.10 will purchase 540g of honey then,
£1.00 will purchase xg
cross multiplying to find x will have
Hence for the large jar a penny would buy 131.7g of honey
secondly for the small jar
if £2.81 will purchase 360g of honey then,
£1.00 will purchase xg
cross multiplying to find x will have
Hence for the small jar a penny would buy 128.1g of honey
Answer:
d. H0: vs.
Step-by-step explanation:
A hypothesis is defined as "a speculation or theory based on insufficient evidence that lends itself to further testing and experimentation. With further testing, a hypothesis can usually be proven true or false".
The null hypothesis is defined as "a hypothesis that says there is no statistical significance between the two variables in the hypothesis. It is the hypothesis that the researcher is trying to disprove".
The alternative hypothesis is "just the inverse, or opposite, of the null hypothesis. It is the hypothesis that researcher is trying to prove".
On this case the Management try to determine if there is a difference in the average investment/quad between using electricity and using gas. So this needs to be on the alternative hypothesis. And the complement of the alternative hypothesis would be on the null hypothesis.
Null hypothesis :
Alternative hypothesis:
Or equivalently:
Null hypothesis :
Alternative hypothesis:
Other important thing is that on the alternative hypothesis we never can have the symbol equal.
So on this case the best options is:
d. H0: vs.