Answer:
C .The initial amount of money placed in the savings account
Step-by-step explanation:
f(x) = 3,267(1 + 0.02)^x
This is in the form
y = a b^x
where a is the initial amount
b is the growth rate
x is the time
3267 is the initial amount
1.02 is the growth rate, so it grows by .02 or 2 percent
and x is the time
Answer:
a. H0:μ1≥μ2
Ha:μ1<μ2
b. t=-3.076
c. Rejection region=[tcalculated<−1.717]
Reject H0
Step-by-step explanation:
a)
As the score for group 1 is lower than group 2,
Null hypothesis: H0:μ1≥μ2
Alternative hypothesis: H1:μ1<μ2
b) t test statistic for equal variances
t=(xbar1-xbar2)-(μ1-μ2)/sqrt[{1/n1+1/n2}*{((n1-1)s1²+(n2-1)s2²)/n1+n2-2}
t=63.3-70.2/sqrt[{1/11+1/13}*{((11-1)3.7²+(13-1)6.6²)/11+13-2}
t=-6.9/sqrt[{0.091+0.077}{136.9+522.72/22}]
t=-3.076
c. α=0.05, df=22
t(0.05,22)=-1.717
The rejection region is t calculated<t critical value
t<-1.717
We can see that the calculated value of t-statistic falls in rejection region and so we reject the null hypothesis at 5% significance level.
Answer:
68
Step-by-step explanation:
1) 40+7=47
2) 47+7=54
3) 54+7=61
4) 61+7=68
The house is worth $177,000
the lot is worth $35,400