Answer:
A
Step-by-step explanation:
The type I error arises when we wrongfully reject the null hypothesis. The probability of occurrence of type I error is denoted as α. Thus, α=0.05 means that there is 5% probability that we reject the null hypothesis when it is true. So, we can say that the α=0.05, means that 5% of the time, we reject the null hypothesis when it is correct.
In economics, the formula relating the future value (F)
and present value (P) at simple interest (i) and number of years (n) is:
F = P (1 + i)^n
Since we are to find for n, let us rewrite this equation:
(1 + i)^n = F / P
Taking the log of both sides:
n log (1 + i) = log (F / P)
n = log (F / P) / log (1 + i)
Substituting the given values:
n = log (2,340 / 1,800) / log (1 + 0.05)
n = log (1.3) / log (1.05)
n = 5.38
<span>Hence it will take Joe around 5.38 years</span>
Most online schools allow you to use Desmos as a graphing calculator. Here is your graph.
Tape measure
this is the only measuring tool listed
Yes, substitute 1 for the x and 10 for the y