Answer:
405
Step-by-step explanation:
To find sample size, use the following equation, where n = sample size, za/2 = the critical value, p = probability of success, q = probability of failure, and E = margin of error.
The values that are given are p = 0.84 and E = 0.03.
You can solve for the critical value which is equal to the z-score of (1 - confidence level)/2. Use the calculator function of invNorm to find the z-score. The value will given with a negative sign, but you can ignore that.
(1 - 0.9) = 0.1/2 = 0.05
invNorm(0.05, 0, 1) = 1.645
You can also solve for q which is 1 - p. For this problem q = 1 - 0.84 = 0.16
Plug the values into the equation and solve for n.
Round up to the next number, giving you 405.
Hiii
all you do is subtract...
534-476=58
58 spots are left.
Answer:
you will put 2.2% interest which represents your C D, by then they will add 750+2.2
Answer: We reject the null hypothesis, and we use Normal distribution for the test.
Step-by-step explanation:
Since we have given that
We claim that
Null hypothesis : 
Alternate hypothesis : 
There is 5% level of significance.
So, the test statistic would be
Since alternate hypothesis is left tailed test.
So, p-value = P(z≤-2.31)=0.0401
And the P-value =0.0401 is less than the given level of significance i.e. 5% 0.05.
So, we reject the null hypothesis, and we use Normal distribution for the test.
Hi there! I can help you! Okay. So to find the amount of interest, we have to do the formula prt. That means multiply the principal, which is the initial amount of money, the rate, which is the interest rate, and the amount of time, which is usually in years. With that being said, here is how the answers turn out.
$252, 8% for 2 years: $40.32
$400, 2% for 6 months: $4
$5,000, 3.5% for 1 year: $175
$6,240, 10% for 9 months: $468
For the months, we just convert those numbers into decimal. 6 months is 1/2 a year, so it would be 0.5 and 9 months is 3/4 of a year, so that decimal would be 0.75. All you have to do is multiply the amount of money by percentage (you can do it by decimal form) by amount of time, and you’ll be good.
