John, Sally, and Natalie would all like to save some money. John decides that it

would be best to save money in a jar in his closet every single month. He decides

to start with $300, and then save $100 each month. Sally has $6000 and decides

to put her money in the bank in an account that has a 7% interest rate that is

compounded annually. Natalie has $5000 and decides to put her money in the

bank in an account that has a 10% interest rate that is compounded continuously.

What type of equation models John’s situation?

Write the model equation for John’s situation

How much money will John have after 2 years?

How much money will John have after 10 years?

What type of exponential model is Sally’s situation?

Write the model equation for Sally’s situation

If y varies directly as x2 and y=6 when x=6, find the constant of variation.

Listed below are time intervals (min) between eruptions of a geyser. assume that the "recent" times are within the past few years, the "past" times are from around 20 years ago, and that the two samples are independent simple random samples selected from normally distributed populations. do not assume that the population standard deviations are equal. does it appear that the mean time interval has changed? is the conclusion affected by whether the significance level is 0.10 or 0.01? recent 78 90 90 79 57 101 62 87 71 87 81 84 57 80 74 103 62 past 88 89 93 94 65 85 85 92 87 91 89 91 follow the steps of hypothesis testing, including identifying the alternative and null hypothesis, calculating the test statistic, finding the p-value, and making a conclusions about the null hypothesis and a final conclusion that addresses the original claim. use a significance level of 0.10. is the conclusion affected by whether the significance level is 0.10 or 0.01? answer choices below: a) yes, the conclusion is affected by the significance level because h0 is rejected when the significance level is 0.01 but is not rejected when the significance level is 0.10. b) no, the conclusion is not affected by the significance level because h0 is not rejected regardless of whether a significance level of 0.10 or 0.01 is used. c) yes, the conclusion is affected by the significance level because h0 is rejected when the significance level is 0.10 but is not rejected when the significance level is 0.01. d) no, the conclusion is not affected by the significance level because h0 is rejected regardless of whether a significance level of 0.10 or 0.01 is used.

Jobs and productivity! how do retail stores rate? one way to answer this question is to examine annual profits per employee. the following data give annual profits per employee (in units of 1 thousand dollars per employee) for companies in retail sales. assume σ ≈ 4.0 thousand dollars. 3.7 6.7 3.6 8.5 7.5 5.9 8.7 6.4 2.6 2.9 8.1 −1.9 11.9 8.2 6.4 4.7 5.5 4.8 3.0 4.3 −6.0 1.5 2.9 4.8 −1.7 9.4 5.5 5.8 4.7 6.2 15.0 4.1 3.7 5.1 4.2 (a) use a calculator or appropriate computer software to find x for the preceding data. (round your answer to two decimal places.) thousand dollars per employee (b) let us say that the preceding data are representative of the entire sector of retail sales companies. find an 80% confidence interval for μ, the average annual profit per employee for retail sales. (round your answers to two decimal places.) lower limit -- thousand dollars upper limit -- thousand dollars (c) let us say that you are the manager of a retail store with a large number of employees. suppose the annual profits are less than 3 thousand dollars per employee. do you think this might be low compared with other retail stores? explain by referring to the confidence interval you computed in part (b). yes. this confidence interval suggests that the profits per employee are less than those of other retail stores. no. this confidence interval suggests that the profits per employee do not differ from those of other retail stores. correct: your answer is correct. (d) suppose the annual profits are more than 6.5 thousand dollars per employee. as store manager, would you feel somewhat better? explain by referring to the confidence interval you computed in part (b). yes. this confidence interval suggests that the profits per employee are greater than those of other retail stores. no. this confidence interval suggests that the profits per employee do not differ from those of other retail stores. (e) find an 95% confidence interval for μ, the average annual profit per employee for retail sales. (round your answers to two decimal places.) lower limit 3.75 incorrect: your answer is incorrect. thousand dollars upper limit 6.41 incorrect: your answer is incorrect. thousand dollars