Answer:
Value of the car is decreasing by 13.9% each year.
Step-by-step explanation:
This equation tells us V(t) is the value of the car after a certain time in years, $21,000 is the initial value of the car. What we need to focus on is on the 0.861 part of this equation. This means that the price of the car is worth 0.861 or 86.1% of what it was worth the year prior, this means that the price of the car is decreasing over time. By how much is it decreasing? Well if we consider 1 to mean 100% (since 100 / 100 =1) then we have 100%-86.1%=13.9%. This means that the value of the car is decreasing 13.9% each year.
Answer:
Heres the anwser my man 128
Step-by-step explanation:
hope you got it right.
Answer:
a) The test statistic is 
b) The pvalue is 0.0060.
Step-by-step explanation:
Question a:
Ha: pB < pNY
This means that the alternate hypothesis is rewritten as:

While the null hypothesis is:

The test statistic is:

In which X is the sample mean,
is the value tested at the null hypothesis and s is the standard error
pB = 0.581, pNY = 0.832
This means that 
0 is tested at the null hypothesis:
This means that 
Standard error = 0.1
This means that 
Test statistic:



The test statistic is 
Question b:
The pvalue is the probability of finding a proportion less than -0.251, that is, a difference of at least 0.251, which is the pvalue of Z = -2.51.
Looking at the z-table, Z = -2.51 has a pvalue of 0.0060
The pvalue is 0.0060.
So in 10 years, the population will double.
8 years is just before doubling to 6800.
If you consider 10 years to be 100% of the doubling time, 8 years is 80%.
And 80 as a decimal is 80/100 = 0.8
So the answer is 0.8 * 6800, simplify.