Answer: C.
Step-by-step explanation:
Given : The principal amount : P=$10,000
Rate of interest (in percent ) : x
Time period : n years
The formula to calculate the simple interest is given by :-
it can also be written as
Hence, C is the right option.
Answer:
No, there is not enough evidence to support the claim that true average task time with armor is less than 2 seconds.
Step-by-step explanation:
This is a hypothesis test for the population mean.
The claim is that true average task time with armor is less than 2 seconds.
Then, the null and alternative hypothesis are:
The significance level is 0.01.
The sample has a size n=52.
The sample mean is M=1.95.
As the standard deviation of the population is not known, we estimate it with the sample standard deviation, that has a value of s=0.2.
The estimated standard error of the mean is computed using the formula:
Then, we can calculate the t-statistic as:
The degrees of freedom for this sample size are:
This test is a left-tailed test, with 51 degrees of freedom and t=-1.803, so the P-value for this test is calculated as (using a t-table):
As the P-value (0.039) is bigger than the significance level (0.01), the effect is not significant.
The null hypothesis failed to be rejected.
There is not enough evidence to support the claim that true average task time with armor is less than 2 seconds.