You put $200 at the end of each month in an investment plan that pays an APR of 4.5%. How much will you have after 18 years? Com
1 answer:
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Answer:
p=0.063
Step-by-step explanation:
Let X be number of the certain brand of jelly beans that are made so that each package contains about the same number of beans.
X is N(375, 8)
YOu are collecting a sample size of
n = 8
Findings from the sample
(Left tailed test at 5% level)
Since sample size is small though sigma is known we use Z test, since norm
Mean difference = -5
Std error =
Test statistic t = mean diference / std error =
df = n-1 =5
p value = 0.063
Answer:
Total number of trials is 35.
Step-by-step explanation:
Given : Me and my friend have a hula hoop competition. I win 3 out of every 7 trials. My friend wins 5 more trials than me.
To find : How many trials are in the competition?
Solution :
Probability of my winning is 3 out of 7 trials
and probability of my friend's winning is
Let there be n numbers of trials.
Therefore, my score after n trials
and my friend's score after n trials
Now, the number of trials my friend won more than me is
We know, that my friend won 5 more trials than me so comparing the actual and given we get,
Therefore, total number of trials is 35.
We can also verify our answer by placing value of n,
After 35 trials I will win trials
and my friend will win trials.
Hence, my friend won 5 more trials than me.