Answer:
Step-by-step explanation:
Information provided
n=100 represent the random sample taken
X=21 represent the number of bags overfilled
estimated proportion of overfilled bags
is the value that we want to test
z would represent the statistic
Hypothesis
We need to conduct a hypothesis in order to test if the true proportion of overfilled bags is higher than 0.15.:
Null hypothesis:
Alternative hypothesis:
The statistic for this case is:
(1)
And replacing the info given we got:
Money borrowed by Anthony from his friend for a sandwich and drink at lunch = $6.50
Money borrowed by Anthony from his sister to pay a library fine = $3.75
Hence, the equation to express Anthony's total debt that day will be =
Let T be the total debt , so the equations becomes,
6.50 + 3.75 = T
Given:
Amount in the bank account = $1850
Monthly payment of can loan = $400.73
To find:
When would automatic payments make the value of the account zero?
Solution:
Craig stops making deposits to that account. So, amount $1850 in the bank account is used to make monthly payment of can loan.
On dividing the amount by monthly payment, we get
It means, the amount is sufficient for 4 payment but for the 5th payment the amount is not sufficient.
Therefore, the 5th automatic payments make the value of the account zero.
