Mathematics, 26.01.2022 09:00, xojade
A bank offers loans with simple interest rates for those who qualify. If the principal is the same for each, which two plans charge the least interest?
A. Plan A: a 20% interest rate to be paid off in 5 years
B. Plan B: a 10% interest rate to be paid off in 8 years
C. Plan C: a 5% interest rate to be paid off in 15 years
D. Plan D: a 25% interest rate to be paid off in 18 months.
Answers: 1
Mathematics, 22.06.2019 02:30, Leii691
According to a research study, parents with young children slept 6.4 hours each night last year, on average. a random sample of 18 parents with young children was surveyed and the mean amount of time per night each parent slept was 6.8. this data has a sample standard deviation of 0.9. (assume that the scores are normally distributed.) researchers conduct a one-mean hypothesis at the 5% significance level, to test if the mean amount of time parents with young children sleep per night is greater than the mean amount of time last year. the null and alternative hypotheses are h0: μ=6.4 and ha: μ> 6.4, which is a right-tailed test. the test statistic is determined to be t0=1.89 using the partial t-table below, determine the critical value(s). if there is only one critical value, leave the second answer box blank.
Answers: 3
A bank offers loans with simple interest rates for those who qualify. If the principal is the same f...
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