Simon put $15000 in an account with a simple interest rate of 4.5%. How much interest will be earned after 8 years?
1 answer:
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Answer:
a) Hence the endpoints of a t-distribution with 5% beyond them in each tail if the sample has size n=12 is ± 1.796.
b) Hence the endpoints of a t-distribution with 1% beyond them in each tail if the sample has size n=20 is ± 2.539.
Step-by-step explanation:
Here the answer is given as follows,
