Suppose you can afford to pay $ 325 a month for 9 years towards a new car with no down payment. If the current interest rates are 4.75%, how expensive a car can you afford?
Car sticker price =

Answers

Answer 1

You can afford the amount of $24588.44 expensive a car.

What exactly is a monthly payment?

A monthly payment is a payment made every month to pay off loans or advances. It's similar to EMI.

The monthly payment = Total payback / No. of payment

$325 = Total payback / 108

Total payback = $325 x 108 = $351,00

Let the affordable amount of the car would be P

The total payback = P× r/100 × T + P

Here P, r = 4.75, and T = 9 years

$351,00 = P × (4.75/100 × 9 + 1)

$351,00 = P × ( 0.4275 + 1)

$351,00 = P × 1.4275

P = 351,00 / 1.4275

Apply the division operation, and we get

P = $24588.44

Therefore, you can afford the amount of $24588.44 expensive a car.

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Related Questions

The height of a statue of a boy was 12 meters and the scale used was 4 meters: 1 foot. Find his actual height.

Answers

By using the unitary method the boy's actual height is 3 meters.

What exactly is the unitary method?

The unitary method is used to solve a problem by first finding the value of a single unit, and then finding the necessary value by multiplying the single unit value.

What is the unitary method's formula?

The unitary method's formula is to find the value of a single unit and then multiply that value by the number of units to get the required value.

Given:

12 meters is the height of a boy statue.

The scale used was 4 meters = 1 foot.

1 metre = 1/4 feet

Assume the boy's actual height = H foot

By using the unitary method of unit conversion.

According to the question,

The actual height of the boy = height of the statue×  scale used for 1 meter.

H = 12 × ¼

H = 12/4

H = 3 meters

By using the unitary method the boy's actual height is 3 meters.

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By using the unitary method the boy's actual height is 3 meters.

What exactly is the unitary method?

The unitary method is used to solve a problem by first finding the value of a single unit, and then finding the necessary value by multiplying the single unit value.

What is the unitary method's formula?

The unitary method's formula is to find the value of a single unit and then multiply that value by the number of units to get the required value.

Given:

12 meters is the height of a boy statue.

The scale used was 4 meters = 1 foot.

1 metre = 1/4 feet

Assume the boy's actual height = H foot

By using the unitary method of unit conversion.

According to the question,

The actual height of the boy = height of the statue×  scale used for 1 meter.

H = 12 × ¼

H = 12/4

H = 3 meters

By using the unitary method the boy's actual height is 3 meters.

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Paul is making picture frames. He wants to make at least 8 picture frames and needs 24.5 inches of material for each frame.
Write an inequality that can be used to determine how much material, x, Paul should buy.

Answers

An inequality that can be used to determine how much material, x, Paul should buy is x ≥ 196.

What is an inequality?

In mathematics, "inequality" refers to a relationship between two expressions or values that are not equal to each other.

Given:

Paul is making picture frames.

He wants to make at least 8 picture frames and needs 24.5 inches of material for each frame.

To find the total material for 8 frames:

Multiply by 8 to material for one form

24.5 x 8

= 196 inches

To write an inequality that can be used to determine how much material, x, Paul should buy:

x ≥ 196 inches.

To solve the inequality, you may multiply or divide each side by the same positive number, add the same amount to each side, take the same amount away from each side, and more.

You must flip the inequality sign if you multiply or divide either side by a negative number.

Therefore, the inequality is x ≥ 196.

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Find x and y -- if your answer is not a whole number, round to the tenths!






X=______
Y=_______

Answers

Answer:

x ≈ 10.6

y = 15

Step-by-step explanation:

The opposite angles in an inscribed quadrilateral are supplementary.

Therefore:

(4y+14) + (7y+1) = 180

=> 11y + 15 = 180

=> 11y = 165

=> y = 15

7x+1 + 105 = 180

=> 7x + 106 = 180

=> 7x = 74

=> x ≈ 10.6

1. Find the volumes of the spheres below.

Answers

Answer:

= about 1436.75504

Step-by-step explanation:

V = 4/3 π r³

Find the value of B, Please.

[tex]\frac{-5x^3+2x+3}{x+2} = A+\frac{B}{x+2}[/tex]

A. -13
B. 39
C. -21
D. -33

Answers

Answer:

B) 39

------------------------------

We need to find the remainder when -5x³ + 2x + 3  is divided by x + 2.

According to the remainder theorem, the remainder is the value of the polynomial when x = - 2:

-5(-2)³ + 2(-2) + 3 = - 5(-8) - 4 + 3 = 40 - 1 = 39

The matching choice is B.

Answer:

B.  39

Step-by-step explanation:

Divide the polynomials using long division:

[tex]\large \begin{array}{r}-5x^2+10x-18\phantom{)}\\x+2{\overline{\smash{\big)}\,-5x^3\;\;\;\;\;\;\;\;\;\;\;+2x+3\phantom{)}}}\\{-~\phantom{(}\underline{(-5x^3-10x^2)\phantom{-b)))))))}}\\10x^2+2x+3\phantom{)}\\-~\phantom{()}\underline{(10x^2+20x)\phantom{)))}}\\-18x+3\phantom{)}\\-~\phantom{()}\underline{(-18x-36)\phantom{}}\\39\phantom{)}\\\end{array}[/tex]

The solution is the quotient plus the remainder divided by the divisor.

Solution

[tex]-5x^2+10x-18+\dfrac{39}{x+2}[/tex]

WRITE THE EQUATION OF THE LINE IN SLOPE-INTERCEPT FORM.

Answers

The equation of the line that passes through the point ((0, 3) & (3, 0) is y = -1x - 3.

What is the system of linear equations?

A system of linear equations is a group of one or more linear equations that can be solved by using a simultaneous equation or elimination method. Therefore, by using the substitution method and writing the solution of the system in terms of coordinate point (x, y) = (-1, 1).

To write the equation of a line in slope-intercept form (y = mx + b), we need to find the slope of the line (m) and the y-intercept (b).

To find the slope of the line, we can use the slope formula:

m = (y2 - y1)/(x2 - x1)

We have given the line passes through the points(0, 3) & (3, 0),

so, m = (0-3)/(3-0)

= -3/3

m = -1

The y-intercept is the point where the line intersects the y-axis. This point is (0, b), where b is the y-intercept.

Since the given line passes through the point (3, 0), we can substitute these values into the slope-intercept form of the equation to find the y-intercept:

y = mx + b

0 = -1 * 3 + b

b = -3

Solving for b gives us:

b = -3

Therefore, the equation of the line that passes through the point ((0, 3) & (3, 0) is y = -1x - 3.

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line into slope-intercept form, simplifying all fractions y - x = 8

Answers

The equation of a line into slope is 1/2x+1

What is meant by slope intercept ?

A method of formulating a line's equation that makes it simple to identify the slope and y-intercept is known as the slope-intercept form. The point where the line crosses the y-axis is known as the y-intercept, and the slope refers to how steep the line is.

Y equals mx plus b is actually the slope intercept form. Because it provides both a slope and an intercept, the form is known as a slope intercept form.

A line's slope and y-intercept are expressed in the following formula: y=mx+b. The y-intercept, which is usually represented in coordinate form as (0,b), is the point where the line crosses the y-axis.

y=1/2x+1

8y-4x=8

Add 4x to both sides.

8y=4x+8

Divide 8 (the one with y) by both sides.

y=1/2x+1

Therefore the equation of a line into slope is 1/2x+1

The complete question is : 8y−4x=8 Put the following equation of a line into slope-intercept form, simplifying all fractions.

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How to subtract fractions with different denominators? Please explain step by step

Answers

Answer: 20/48

(simplified) 5/12

Step-by-step explanation:

We will use 6/8 - 2/6 for our example

6/8 - 2/6

Multiply the denominator on the right side by the denominator on the left side: 6x8 = 48

Make 48 the denominators on both sides: /48,  /48

Now multiply the denominator on the left side with the numerator on the  left side: 6x6 = 36

Make the first fraction's numerator 36: 36/48

Now multiply the denominator on the left side by the numerator on the right side: 8x2 = 16

Now make 16 the numerator of the second fraction: 16/48

Now that the denominators are the same, we can subtract!

36/48-16/48 = 20/48

Now to simplify:

divide 20/48 by 4 = 5/12

So the answer is 20/48 and when it is simplified it comes out to 5/12

This is how you subtract fractions with different denominators.

You can use the same method when adding, the only difference is that instead of adding in the last step, you add instead!

Fill in the blanks so that the equation has infinitely many solutions. 12x + 2 -4x = _ (2x + _ )

Answers

Answer:

4 and 1/2

Step-by-step explanation:

left side must be ewual to right side. after you substract 12x-4x you get 8x+2 on right side. you than find a number on the left side, whit which you have to multiply 2x to get 8x(same number as on the other side) and you get 4. lastly you have to find a number that gives you 2 when multiplied with 4 and it is 1/2

(4) The following question is from a New York State Algebra Common Core Exam.
Graph y=f(x) and y= g (x) the set of axes below.

f(x)=2 x²-8 x+3
g(x)=-2 x+3

State all paints that make both equations true.

Answers

The points that make both equations true are, (0,3) and (-3,3).

What is an equation?

It is defined as the relation between two variables, if we plot the graph of the linear equation we will get a straight line.

A quadratic equation is a polynomial with a degree of 2 or the maximum power of the variable is 2 in quadratic equations. It has two solutions as its maximum power is 2.

A graph is the representation of the data on the vertical and horizontal coordinates so we can see the trend of the data.

The graph of the equations is attached with the answer below. The points are (0,3) and (-3,3).

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You invest $3,600 in a savings account that earns simple interest of 3%, how much money is in your account after 5 years?

Answers

Answer:

$4,140.00

Step-by-step explanation:

Interest = principle x rate x time

I = 3600 x .03 x 5

I = 540

Add the interest to what is already in the account

540 + 3600

4140

What is the area of the rectangle shown on the coordinate plane?

Answers

7.14 unit² is the area of the rectangle shown on the coordinate plane

What is the area of rectangle?

The length and breadth of the rectangle multiplied together provide the area of the rectangle. To determine the area occupied by a rectangle within its perimeter, we compute the area of the rectangle.

Consider rectangle with vertices A(-1,-2), B(-3,-4), C(-6,-1) and D(-4,1). The area of the rectangle is:

Area = length × width

Now, find the length and the width:

Length (BC) = [tex]\sqrt{[-3-(-6)]^2 + [(-4)-(-1)]^2}[/tex]

or, BC = [tex]\sqrt{(3)^2 +(-3)^2}[/tex]

or, BC = [tex]\sqrt{18}[/tex] unit

Width (AB) = [tex]\sqrt{[(-1) -(-3)]^2 + [(-2)-(-4)]^2}[/tex]

or, AB = [tex]\sqrt{(2)^2 +(2)^2}[/tex]

or, AB = [tex]\sqrt{8}[/tex] unit

Then the area of the rectangle ABCD is

Area(ABCD) = length (BC) × width (AB)

or, Area(ABCD) = [tex]\sqrt{18} *\sqrt{8}[/tex]

or, Area(ABCD) = 7.14 unit²

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Find the mean and standard deviation of the sample data in the table. (Round your answers to two decimal places.) x = [1, 2, 3, 4, 5]
f(x) = [2, 13, 15, 11, 13]

Answers

The mean and standard deviation of the sample data in the table is 182 and 508 respectively.

To calculate the mean and standard deviation,

mean= E(x)

=  ∑x*f(x)

= 1(2) + 2(13) + 3(15)+4(11) + 5(13)

=2+26+45+44+65

=182

Standard deviation = E(x²)

=  ∑x²*f(x)) - E(x)

=1(2) + 4(13) + 9(15)+16(11) +25(13)  - E(x)

= 2 +52+135+176+325  - E(x)

=690 - 182   - E(x)

=508

The mean is the average of the values in the given set. It indicates that values in a particular data set are distributed equally.

The three most frequently employed measures of central tendency are the mean, median, and mode.

The total values provided in a datasheet must be added, and the sum must be divided by the total number of values in order to determine the mean

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Evaluate the expression below. (−4)2 + |−7 − (−5)| − 23

Answers

Answer:

-7

Step-by-step explanation:

(-4)2 | -7 - (-5)| -23

-4*2=-8

-7- -5=-2

|-2|=2

-8*2=16

16-23=-7

If there is a problem with this answer please feel free to tell me, thanks :)

matie has 4 times as many stamps as arnav. if matie gives arnav 8 stamps, matie will have twice as many stamps as arnav. how many stamps does each boy have.

Answers

Answer: Mattie has 16 stamps and Arnav has 4 :)

Step-by-step explanation:

the system of equations used to solve it is

m=4a

m-8=2a

Martie have 48 stamps and Arnav have 12 stamps.

What is an equation?

An equation is a combination of different variables, in which two mathematical expressions are equal to each other.

Let Matie has x stamps and Arnav has y stamps.

Given that,

Matie has 4 times as stamps as Arnav

Implies that,

x = 4y            (1)

Also, If Matie gives 8 stamps to Arnav will have twice stamps to Arnav.

Implies that,

x - 8 = 2(y+8)

x - 8 = 2y + 16

x = 2y + 24      (2)

From equation (1) and (2),

y = 12

and x = 48

Matie and Arnav each have 48 and 12 stamps respectively.

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Use the image given below to answer the next two questions.
The quadrilateral below, JKLM, is a rhombus.
Find the value of each angle listed below.
Note: Do not include the ° sign in your answer.
m∠JKL

Answers

Applying the properties of a rhombus, the value of each angle listed are:

m∠JKL = 72°

m∠MLK = 108°

m∠JMK = 36°

m∠MJL = 54°

m∠KNL = 90°

What is a Rhombus?

A rhombus is a quadrilateral with the following properties:

All its sides are congruent.Its opposite angles are equal.Its adjacent angles are supplementary, they have a sum of 180 degrees.The diagonals bisect the angles.The diagonals bisects each other at right angles.Rhombus have opposite sides that are parallel to each other.

Given, m∠JKM = 36°, apply the properties of a rhombus to solve the missing values.

m∠JKL = 2(36)

m∠JKL = 72°

m∠MLK = 180 - 72 [adjacent angles are supplementary in a rhombus]

m∠MLK = 108°

m∠JMK = 36°

m∠MJL = 1/2(m∠MLK)

m∠MJL = 1/2(108)

m∠MJL = 54°

m∠KNL = 90° [bisection of the diagonals of a rhombus at right angles).

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AolaksksmsmsmsmsO? A a a a a s sbhuaybua aybaybayabyaba

Answers

Answer: There are several statements that could be false if f(x) is continuous on [a, b] and differentiable on (a, b):

1 The function f(x) has a maximum or minimum value at some point in the interval [a, b].

2 The function f(x) is monotonic (either increasing or decreasing) on the interval [a, b].

3 The function f(x) has an inflection point (a point where the concavity of the function changes) in the interval [a, b].

4 The function f(x) has an asymptote (a line that the function approaches but never touches) in the interval [a, b].

5 Note that these statements are not necessarily false, but they could be false depending on the specific function f(x).

List the elements of the following sets.
(a). {Vowels in the word "MATHEMATICS"}
(b). {The seven colours of the rainbow}
(c). {Multiples of 9 which are less than 50}
(d). {Even numbers which are between 10 and 23}

that's all pls I need it now asap ​

Answers

Answer:

a) {A,E,I}

b) {red, orange, yellow, green, blue, violet, indigo}

c) {9,18,27,36,45}

d) {12,14,16,18,20,22}

Lol I'm not sure if I did all of these correct :]

(Also what is this for? Like the coding class or something? (Just curious))

Let’s say you are viewing a confidence interval plot and you notice a horizontal line placed at each end of the line (ex. similar to this image T). What does this horizontal line signify?

Select an answer:
These horizontal lines allow Minitab to properly place the dot.
These horizontal lines are used to decorate the plots.
These horizontal lines indicate the limits at the end of the intervals.
These horizontal lines are placed to help you visually locate the dot.

Answers

The thing that the horizontal line signifies in the confidence interval plot is D. These horizontal lines are placed to help you visually locate the dot.

What exactly is a confidence interval?

A confidence interval is a range of values that contains the value of an unknown population parameter. Given the characteristics of your sample data, these intervals represent a plausible domain for the parameter.

Confidence intervals are calculated using a specified confidence level and are derived from sample statistics. Confidence intervals are used by statisticians to quantify uncertainty in a sample variable. These horizontal lines are placed to assist you in visualizing the dot.

In conclusion, the correct option is D.

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Sweet Branch grocery sells 5 bottles of soda for $6. As of next week, though, the price per bottle will increase by 10% . How much will 12 bottles of soda cost next week?

Answers

12 bottles of soda cost  $15.84  next week

What is unit rate?

A unit rate is the cost for only one of anything. This is expressed as a ratio with a denominator of 1. For instance, if you covered 70 yards in 10 seconds, you did so at an average speed of 7 yards per second. Although both of the ratios—70 yards in 10 seconds and 7 yards in one second—are rates, only the latter is a unit rate.

Price of  5 bottles = $6

Price of  1 bottle = 6/5 = $1.2

10% of 1.2 = (10/100)*1.2 = 0.12

new price of 1 bottle = 1.2+ 0.12 = $1.32

Price of  12 bottles = 12*1.32 = $15.84

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Add the proper constant to each binomial so that the resulting trinomial is a perfect square trinomial. Then factor the
trinomial.
16)
16) x2 + 8x +
A) x2 + 8x + 8 = (x + 64)2
C) x2 + 8x + 64 = (x+8)2
B) x2 + 8x + 4 = (x+16)2
D) x2 + 8x + 16 = (x+4)²

Answers

Answer:

D) [tex]x^2+8x+16=(x+4)^2[/tex]

Step-by-step explanation:

[tex]x^2+8x+(8/2)^2=x^2+8x+16=(x+4)^2[/tex]

Find the dimensions of the rectangular garden of greatest area that can be fenced off (all four sides) with 300 meters of fencing.

Answers

The dimensions of the rectangular garden to maximize the area is length = width = 75 meters.

Let l be the length and w be the width of the rectangular garden.

We need to find the dimensions of the rectangular garden of greatest area that can be fenced off (all four sides) with 300 meters of fencing.

The perimeter of the  rectangular garden = 300 meters

We know that the perimeter of the rectangle =2(length + width)

300 = 2(l + w)

l + w = 150               .......(1)

Now, the maximum area of a  rectangular garden is when Length  = width

So, for equation 1

l + l = 150

l = 75 meters

So, w = 75 meters

And the area of the rectangular garden = length * width

                                                               = 75 * 75

                                                               = 5625 m²

So the maximum area of the  rectangular garden is 5625 m²

Therefore, the dimensions of the garden to maximize the area is length = width = 75 meters and maximum area is  5625 m²

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In triangle ABC, segment AD is perpendicular to segment BC, and segment AC, is perpendicular to segment BA.

Based on the information in the diagram, what is the length of segment DC?

Answers

Step-by-step explanation:

based on the geometric mean theorem

h² = pq

h = height of the main right-angled triangle.

p and q are the segments of the baseline of the main right-angled triangle.

12² = 36x

144 = 36x

x = 144/36 = 4

so, DC is 4 units long.

Are your finances, buying habits, medical records and phonecalls really private? A real concern for many adults is thatcomputers and the Internet are reducing privacy. A survey conductedby Peter D Hart Research Associates for the Shell Poll was reportedin USA Today. According to the survey, 37% of adults are concernedthat employers are monitoring phone calls. Use the binomialdistribution formula to calculate the probability that:
a. out of 5 adults, none is concerned that employers aremonitoring phone calls.
b. out of 5 adults, all are concerned that employers aremonitoring phone calls.
c. out of 5 adults, exactly 3 are concerned that employers aremonitoring phone calls.

Answers

As per binomial distribution the probability of the following conditions are as follow:

a. probability for out of 5 none is concerned is 0.09924.

b. probability for out of 5 all are concerned is 0.02825

c. probability for out of 5 three are concerned is 0.4669.

As given in the question,

Percent of adults are concerned = 37%

p = 0.37

Percent of adults are not concerned = (100 -37)%

                                                         = 63%

1 - p = 0.63

Total number of adults 'n' = 5

Probability using binomial distribution

= ⁿCₓ pˣ ( 1- p)ⁿ⁻ˣ

a. Out of 5 none is concerned

here x = 0

⁵C₀( 0.37)⁰(0.63)⁵⁻⁰

= 0.09924

b. Out of 5 all are concerned

here x = 5

⁵C₅( 0.37)⁵(0.63)⁵⁻⁵

= 0.02825

c.  Out of 5 three are concerned

here x = 3

⁵C₃( 0.37)³(0.63)⁵⁻³

= 0.4669

Therefore , using binomial distribution the probability of the given percent of adult data is equal to as follow:

a. probability for out of 5 none is concerned is 0.09924.

b. probability for out of 5 all are concerned is 0.02825

c. probability for out of 5 three are concerned is 0.4669.

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ΔABC≅ΔDEF. Find the length of the given sides.
BC = x+20
EF = 2x+4

Answers

The length of the congruent triangles are as follows:

BC = 36

EF = 36

How to find the sides of  congruent triangle?

Two triangles are said to be congruent if pairs of their corresponding sides and their corresponding angles are equal.

ΔABC≅ΔDEF

Let's find the length of the given sides as follows:

BC = x + 20

EF = 2x + 4

Therefore,

BC = EF

x + 20 = 2x + 4

x - 2x = 4 - 20

- x = -16

x = 16

Therefore,

BC = x+20 = 16 + 20 = 36

EF = 2x+4 = 2(16) + 4 = 32 + 4 = 36

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Complete the table for the function y =
X
-2
-1
0
1
y
Now, graph the function.
Plot two points to graph the function.

Answers

The table for the function y = 5^x should be completed as follows;

x           y

-1          0.2

0           1

1            5

2           25

A graph of the given function y = 5^x with the points (0, 1) and (1, 5) is shown in the image attached below.

What is an ordered pair?

In Mathematics, an ordered pair can be defined as a pair of two (2) elements or points that are commonly written in a fixed order within parentheses as (x, y), which represents the x-coordinate or x-axis (abscissa) and the y-coordinate or y-axis (ordinate) on the coordinate plane of any graph.

Next, we would determine the ordered pairs that would complete the table for the function y = 5^x as follows;

When x = -1, the value of y is given by;

y = 5^-1

y = 0.2 or 1/5.

When x = 0, the value of y is given by;

y = 5^0

y = 1

When x = 1, the value of y is given by;

y = 5^1

y = 5

When x = 2, the value of y is given by;

y = 5^2

y = 25

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10 point question and brainliest
two people need to answer for me to give brainliest

Landscape Elementary uses 14 reams of paper every 3 weeks. How many reams of paper do they use each week? Round the answer to the nearest hundredth and do not include a label.

Answers

Answer:

4.67 (nearest hundredth)

Step-by-step explanation:

In 3 weeks, Landscape Elementary uses 14 reams of paper.

In 1 week, Landscape Elementary uses 14/3 reams of paper. = 4.66666...

The digit at thousandth place is 6 and it is more than 5. Thus add 1 with hundredth digit.

4.66666... = 4.67 (nearest hundredth)

Let ​f(x)= 4x2-3 and let ​g(x)= 2x+3. Find ​(f​g)(3​).
​(f+​g)(3​)=

Answers

The value of (f . g) (3) is 594 and  (f + g) (3) is 42 when function is f(x) =  4x² - 3 and g(x) = 2x + 3.

i) (f . g) (3)

(f . g) (x) = f(x) . g(x)

(f . g) (3) = f(3) . g(3)

= 4(3)² - 3 * 2(3) + 3

= 36 - 3 * 6 + 3

= 33 * 18

(f . g) (3) = 594

The value of (f . g) (3) is 594 when function is f(x) =  4x² - 3 and g(x) = 2x + 3

ii) ( f +​ g )( ​3 )

( f + g )( x ) = f ( x ) + g ( x )

​( f +​ g )( ​3 ) = f (3 ) + g ( 3 )

= 4(3)² - 3 + 2(3) + 3

= 4(9) + 6

= 36 + 6

​( f +​ g )( ​3 ) = 42

The value of (f + g) (3) is 42 when function is f(x) =  4x² - 3 and g(x) = 2x + 3.

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If 20% of an income of a man is Rs 4,800, find his income

Answers

The income of the man is 24000.

Step-by-step explanation:

income of man =24000

Let the income of man be x

According to the question,

20%*x = 4800

0.2x=4800

As a result, x =24000

(4800*10= 48000/2= 24000)

So the income of a man is 24000.

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Man's income is, 24000 rupees.

What is a percentage?

A ratio or value that may be stated as a fraction of 100 is called a percentage. And it is represented by the symbol '%'.

Given, 20% of an income of a man is Rs 4,800.

To find the income:

Use percentage formula,

let m be the man's income.

So, m x 20 / 100 = 4800

Rearranging,

m = 4800 x 100 / 20

m = 24000

Therefore, the income is, 24000 Rs.

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Please help me with this problem

Answers

a) The Test statistic of the hypothesis is; 0.23

b) The p-value from the test statistic is; 0.409

c) The final conclusion is there is not sufficient evidence to determine whether the antidepressant drug had an effect on changing working habits after one year.

How to find the test statistic?

Test statistic is defined as a number, calculated from a statistical test, used to find if your data could have occurred under the null hypothesis. In this case, we are dealing with proportions and as such the test statistic has the formula;

z = (p1 - p2)/standard error

p1 = 14/167 = 0.084; s1 = √(0.084 * 0.916/167) = 1.285

p2 = 316/833 = 0.38; s2 = √(0.38 * 0.62/833) = 0.0168

Hence, for the distribution of differences, the mean and the standard error are given as follows:

Mean: p = 0.38 - 0.084 = 0.296

Standard error: s = √(1.285² + 0.0168²) = 1.2854

a) Test statistic = p/s = 0.296/1.2854

Test statistic = 0.23

b) From p-value from z-score calculator, we get that;

p-value = 0.409

c) The p-value is greater than the significance value of 0.04, we fail to reject the null hypothesis and conclude that there is not sufficient evidence to determine whether the antidepressant drug had an effect on changing working habits after one year.

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