You find that a small business loan in the amount of 50000

Assignment Help Basic Statistics
Reference no: EM13584057

You find that a small business loan in the amount of 50,000 is the amount you need to purchase the restaurant location. After researching banks to find the best interest rate, you find that banks for small businesses offer the best interest rate of 9% interest that compounds monthly for 7 years.

Reference no: EM13584057

Questions Cloud

Identify and describe two 2 examples of us federal : the role of the federal government in the lives of the american people changed dramatically from the time of the
Ientify a research or evidence-based article that focuses : identify a research or evidence-based article that focuses comprehensively on a specific intervention or diagnostic
Sppose we decide to examine another test spot weld let x : the shear strength of each of ten test spot welds is determined yielding the following data psi409 382 389 386 377 358
Analyze each interface you identified in question one 1 and : write a four to five 4-5 page paper in which you1. describe three 3 interfaces you interact with on a daily basis.2.
You find that a small business loan in the amount of 50000 : you find that a small business loan in the amount of 50000 is the amount you need to purchase the restaurant location.
What do you conclude about the claim below do not use : what do you conclude about the claim below? do not use formal procedures or exact calculations. use only the rare event
Assume the home uses about 850 kwh of electricity per month : suppose a fuel-cell generator was used to produce electricity for a house. if eachh2molecule produces 2e- how many
There are thirty-five 35 members in the kalamazoo travel : there are thirty-five 35 members in the kalamazoo travel club. four 4 people will be chosen to win a vacation.how many
Describe in detail the functional groups and their purpose : describe in detail the functional groups and their purpose in relation to ph stability spectrum of antibacterial

Reviews

Write a Review

Basic Statistics Questions & Answers

  Confidence interval for difference between population mean

Provide a 95% confidence interval for the difference between the two population means. Compare the means of population 1 and population 2. Are they equal? Show your test procedure.

  Testing the population means differ using significance level

The population standard deviation is σ2 = 7. Test that the population means differ using a 1% significance level.

  Formulating null and alternative hypothesis to test claim

Formulate an appropriate hypothesis test to examine at the 10% level of significance whether the manager's worries are justified.

  Find how many big triple outcomes are possible

The Big Triple at the local racetrack consists of picking the correct order of finish of the first three horses in the ninth race. If there are 12 horses entered in today's ninth race, how many Big Triple outcomes are possible?

  Probability of getting a queen and a spade

Find the probability of getting a queen and a spade.

  Find the probability based on binomial distribution

What is the probability that all 3 would iPods from best buy? Or at least one would have iPod from best buy?

  Information about compute the probability

A certain disease occurs in 35% of the population. A test for the disease is fairly accurate: it misclassifies people with the disease as healthy 6% of the time and reports that a healthy person is diseased just 7% of the time.

  Measurements from a normal distribution

Assume that the measurements came from a normal distribution. The variability of the manufacturing process is unknown means the same as the standard deviation is unknown.

  Smoking depends on the age category

Test at the 5% level whether the incidence of smoking depends on the age category

  A production process produces 90 non-defective parts a

a production process produces 90 non-defective parts. a sample of 10 parts from the production process is selected.a.

  What is the z a two for a confidence level

What is the z a/2 for a confidence level of 95%, the margin error of this sample and give a 95% confidence interval for the mean weight of boxes produced based on the sample mean of 16.4?

  Do samples give sufficient evidence to indicate new product

At the 0.05 level of significance, do the samples provide sufficient evidence to indicate that on the average, fewer consumers prefer a new product when the spokesperson is male?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd