48,000
600/.10
*8 years would be 48,000
The two-sided alternative hypothesis is appropriate in this case, the reason being we are asked "does the data indicate that the average body temperature for healthy humans is different from 98.6◦........?".
The test statistic is:
Using an inverse normal table, and halving
for a two-tailed test, we look up
and find the critical value to be Z = 2.5758.
Comparing the test statistic Z = -5.47 with the rejection region Z < -2.5758 and Z > 2.5758. we find the test statistic lies in the rejection region. Therefore the evidence does not indicate that the average body temperature for healthy humans is different from 98.6◦.
X=q-p
What you have to do is to rearrange the formula
x+p=q
All you have to do is to move “+q” to the other side of the formula. Doing so you also have to change the sign from “+” to “-“ so that your equation could be balanced
Hope this helps!!!!
The first month has the equation raised to 11 which is the number of months left in the period.
So each month the equation would be the same except it would be raised to 1 less than the previous month.
Month 2 = 50(1.003)^10
Month 3 = 50(1.003)^9
Month 4 = 50(1.003)^8
Month 5 = 50(1.003)^7
Month 6 = 50(1.003)^6
Month 7 = 50(1.003)^5
Month 8 = 50(1.003)^4
Month 9 = 50(1.003)^3
Month 10 = 50(1.003)^2
Month 11 = 50(1.003)^1
Month 12 = 50(1.003) ( the last month would not be raised to anything)