57 is the answer cuz im good at math math is my thang
Answer:
13.4%
Step-by-step explanation:
Use binomial probability:
P = nCr p^r q^(n-r)
where n is the number of trials,
r is the number of successes,
p is the probability of success,
and q is the probability of failure (1-p).
Here, n = 16, r = 2, p = 0.25, and q = 0.75.
P = ₁₆C₂ (0.25)² (0.75)¹⁶⁻²
P = 120 (0.25)² (0.75)¹⁴
P = 0.134
There is a 13.4% probability that exactly 2 students will withdraw.
Answer: katrina will pay less interest on the 8-year non subsidized student loan
The total interest paid on the non-subsidized loan is USD 8,959
The total interest paid on the subsidized loan is USD 11,520
Step-by-step explanation:
Subsidized loan at 4.5% for 8years will be 4.5/100 × 32000 x 1/12= USD120/month, USD 1440/year. For 8 years, USD11,520
For non subsidized student loan at 3.5% will be 3.5/100 x 32000x 1/12= USD 93.33/month, USD 1,119per year and USD 8,959 for 8 years
Answer:
We accept the null hypothesis and the population mean is $120.
Step-by-step explanation:
We are given the following in the question:
Sample size, n = 100
Sample mean,
= $120
Alpha, α = 0.01
Sample standard deviation, s = $25
First, we design the null and the alternate hypothesis
We use two-tailed t test to perform this hypothesis.
Formula:

Putting all the values, we have
p-value one tail= 0.024
p-value two tail= 0.048
Conclusion:
Since the p-value for two tailed test is greater than the significance level, we fail to reject the null hypothesis and accept it.
Thus, the population mean is $120.