Ashanti Goldfields, wanted to undertake a project which will costs GH 30,000 now and is expected to generate year –end cash inflows of GH 9000, GH 8000, GH 7000, GH 6000, GH5000 and GH 4000 in years 1 through 6.The opportunity cost of capital may be assumed to be 10 percent.

Answers

Answer 1

Answer:

I strongly believe that NPV of the project is the requirement of this question:

NPV is -$486.82

Step-by-step explanation:

The NPV is the present value of the future cash flows from year 1 through year 6 minus the initial capital investment of GH30,000

The cash flow discount factor =1/(1+r)^n

r is the opportunity cost of capital at 10%

n is the relevant year of each cash flow

NPV=-30,000+9000/(1+10%)^1+8000/(1+10%)^2+7000/(1+10%)^3+6000/(1+10%)^4+5000/(1+10%)^5+4000/(1+10%)^6=-$486.82

The project is not viable since NPV is negative


Related Questions

the sum of 3 consecutive even integers is 228

Answers

Here we will use algebra to find three consecutive integers whose sum is 228. We start by assigning X to the first integer. Since they are consecutive, it means that the 2nd number will be X + 1 and the 3rd number will be X + 2 and they should all add up to 228. Therefore, you can write the equation as follows:

(X) + (X + 1) + (X + 2) = 228

To solve for X, you first add the integers together and the X variables together. Then you subtract three from each side, followed by dividing by 3 on each side. Here is the work to show our math:

X + X + 1 + X + 2 = 228

3X + 3 = 228

3X + 3 - 3 = 228 - 3

3X = 225

3X/3 = 225/3

X = 75

Which means that the first number is 75, the second number is 75 + 1 and the third number is 75 + 2. Therefore, three consecutive integers that add up to 228 are 75, 76, and 77.

75 + 76 + 77 = 228

We know our answer is correct because 75 + 76 + 77 equals 228 as displayed above.

Answer:

74, 76, 78

Step-by-step explanation:

The numbers are even and consecutive so they are 2x, 2x+2 and 2x+4 because any number multiplied by 2 is always even and they are even CONSECUTIVE,. So 2 and 4

Now their sum is given as 228 so,

2x+2x+2+2x+4= 228

6x+6= 228

6x= 228-6= 222

x= 222/6

= 37

So the numbers are:

2x= 37*2= 74

2x+2= 74+2= 76

2x+4= 74+4= 78

Which choice shows a function with a domain of {–4, –2, 2, 4}? On a coordinate plane, a vertical line is at x = 2. On a coordinate plane, a line goes through (negative 2, negative 2) and (0, negative 3). {(–4, 2), ( –2, 1), (2, 0), (4, 5)} {(1, –4), (0, –2), (2, 2), (6, 4)}

Answers

Answer:

[tex]\left \{ (-4, 2), ( -2, 1), (2, 0), (4, 5) \right \}[/tex]

Step-by-step explanation:

Given: Domain of function is [tex]\left \{ -4,-2,2,4 \right \}[/tex]

To find: the function that has domain [tex]\left \{ -4,-2,2,4 \right \}[/tex]

Solution:

A function is a relation in which every element of the domain has a unique image in the co-domain.

For x = 2, domain is [tex]\left \{2 \right \}\neq \left \{ -4,-2,2,4 \right \}[/tex]

For a line that passes through [tex](-2,-2)\,,\,(0,-3)[/tex],

domain must have 0 but [tex]0\notin \left \{ -4,-2,2,4 \right \}[/tex]

Domain of [tex]\left \{ (-4, 2), ( -2, 1), (2, 0), (4, 5) \right \}[/tex] is [tex]\left \{ -4,-2,2,4 \right \}[/tex]

Domain of [tex]\left \{ (1, -4), (0, -2), (2, 2), (6, 4) \right \}[/tex] is [tex]\left \{ 1,0,2,6 \right \} \neq \left \{ -4,-2,2,4 \right \}[/tex]

So, answer is [tex]\left \{ (-4, 2), ( -2, 1), (2, 0), (4, 5) \right \}[/tex]

Answer:

its c

Step-by-step explanation:

Please help! Will give Brainliest!
Steps 1-4 in attachment (#4 below)
Step 4: Use the equation you wrote in Step 3. Write the equation for the graph of g(x) that has also been shifted right 1 unit.

Answers

Answer:

g(x) = 2|x|g(x) = -2|x|g(x) = -2|x| -3g(x) = -2|x-1| -3

Step-by-step explanation:

1) Vertical stretch is accomplished by multiplying the function value by the stretch factor. When |x| is stretched by a factor of 2, the stretched function is ...

  g(x) = 2|x|

__

2) Reflection over the x-axis means each y-value is replaced by its opposite. This is accomplished by multiplying the function value by -1.

  g(x) = -2|x|

__

3) As you know from when you plot a point on a graph, shifting it down 3 units subtracts 3 from the y-value.

  g(x) = -2|x| -3

__

4) A right-shift by k units means the argument of the function is replaced by x-k. We want a right shift of 1 unit, so ...

  g(x) = -2|x -1| -3

An artist is trying to choose 5 covers for children’s books. There are 10 different covers to choose from. How many ways can the artist choose covers? (It’s a permutation and combination kind of problem)

Answers

Answer:

252

Step-by-step explanation:

The order of the books isn't important, so we'll use combinations.

The number of ways to choose 5 books from 10 is:

₁₀C₅ = 10! / (5! (10 − 5)!)

₁₀C₅ = 10! / (5! 5!)

₁₀C₅ = 10×9×8×7×6 / (5×4×3×2×1)

₁₀C₅ = 252

here it is ill mark you as brainliest if the answer is correct.

Answers

Answer:

A = 1168.67 cm²

Step-by-step explanation:

[tex]A=2\pi rh+2\pi r^{2}[/tex]           Use this equation to find the surface area

[tex]A=2\pi (6)(25)+2\pi (6)^{2}[/tex]  Multiply    

[tex]A=2\pi (150)+2\pi (36)[/tex]     Multiply

A = 942.48 + 226.19     Add

A = 1168.67 cm²

Answer:

1169.14cm2

Step-by-step explanation:

The surface area is that area which you can feel. Now there are two circles one at the top and one at the bottom.

These areas are expressed as;

π×r2 { remember area of a circle}.

Therefore for the two areas we have twice the area of once since they are the same. Hence we have:

2×π×r2.

Secondly, there is still another area we haven't talked about yet. It's the area you feel at the side and this area curls into a circular fashion.

Now let's assume the two circles are the top and bottom are knocked off , we would have a shape that looks like a rectangle.

Now area of a rectangle is the multiplication of both sides. In this case the side would be the height,h and the circumference of the circle since the rectangle forms into a circle when she try to join both edges together.

Hence the area of this Shape would be;

2πr{circumference} × h=2πrh

Hence the total surface area would be;

2πr2 + 2πrh.

Substituting the giving values we have;

Note: to obtain raduis,r ; we divide the diameter by 2.

2 × 22/7 × 6^2 + 2 × 22/7 × 6× 25

2×22/7(36+150)

44/7(186)= 8184/7

=1169.1429cm2

=1169.14cm2{ to 2 decimal place}

(x + y )(x 2 - xy + y 2 )

Answers

Answer:

[tex]x^3+y^3[/tex]

Step-by-step explanation:

[tex](x+y)(x^2-xy+y^2)= \\\\x(x^2)+x(-xy)+x(y^2)+y(x^2)+y(-xy)+y(y^2)= \\\\x^3-x^2y+xy^2+x^2y-xy^2+y^3= \\\\\boxed{x^3+y^3}[/tex]

Hope this helps!

find the mean of x,2x,3x,4x,5x​

Answers

Answer:

Mean = 3x

Step-by-step explanation:

Mean = [tex]\frac{SumOfObservations}{No. OfObservations}[/tex]

Mean = [tex]\frac{x+2x+3x+4x+5x}{5}[/tex]

Mean = [tex]\frac{15x}{5}[/tex]

Mean = 3x

The mean, also known as the average of x, 2x, 3x, 4x, and 5x is 3x as per the concept of Simplifying.

To find the mean of x, 2x, 3x, 4x, and 5x, we need to add up all the values and divide by the total number of values.

In this case, we have five values.

Mean = (x + 2x + 3x + 4x + 5x) / 5

Simplifying the numerator:

Mean = (15x) / 5

Mean = 3x

Therefore, the mean of x, 2x, 3x, 4x, and 5x is 3x.

The mean, also known as the average, represents the central tendency of a set of values. In this case, the mean is 3x, which indicates that on average, the values x, 2x, 3x, 4x, and 5x are three times the value of x.

To learn more about the mean;

brainly.com/question/13451489

#SPJ6

Solve for x in the diagram below.

Answers

Answer:

x = 20

Step-by-step explanation:

The three angles form a straight line so they add to 180 degrees

x+ 100 +3x = 180

Combine like terms

100+4x= 180

Subtract 100 from each side

100+4x-100= 180-100

4x= 80

Divide each side by 4

4x/4 = 80/4

x = 20

Answer:

[tex]x = 20 \: \: degrees[/tex]

Step-by-step explanation:

Angles in a straight line = 180 degrees

[tex]x + 3x + 100 = 180 \\ 4x + 100 = 180 \\ 4x = 180 - 100 \\ 4x = 80 \\ \frac{4x}{4} = \frac{80}{4} \\ x = 20 \: \: degrees[/tex]

hope this helps

brainliest appreciated

good luck! have a nice day!

A 48 meter antenna mast is stabilized by a 52 meter guy wire How far from the base of the mast is the guy wire secured to the ground A 20m B 50m C 60m D 100m

Answers

Answer:

A)  20m

Step-by-step explanation:

52^2 - 48^2 = b^2

√2704 - √ 2304 =  √400

b^2 =  √400 =  20

As this is Pythagoras as we do not have any 2nd angle measure.

if it was trigonometry we could use 90  degree as part of the sum

48/ sin(?)x90 = 52

Then try other angle by deducting angle shown from 90

m/sin (?) x 90 = 52 etc.

But to guarantee you would find the base you could use tan.

The amount of corn chips dispensed into a 10-ounce bag by the dispensing machine has been identified aspossessing a normal distribution with a mean of 10.5 ounces and a standard deviation of 0.1 ounce. Suppose400 bags of chips were randomly selected from this dispensing machine. Find the probability that the sample mean weight of these 400 bags exceeded 10.6 ounces.

Answers

Answer:

The probability that the sample mean weight of these 400 bags exceeded 10.6 ounces is P(Xs>10.6)=0.

Step-by-step explanation:

When we take samples of size n=400, we have the folllowing parameters for the sampling distribution for the sample means:

[tex]\mu_s=\mu=10.5\\\\ \sigma_s=\dfrac{\sigma}{\sqrt{n}}=\dfrac{0.1}{\sqrt{400}}=\dfrac{0.1}{20}=0.005[/tex]

We can calculate the probability that the sample mean weight of these 400 bags exceeded 10.6 ounces calculating the z-score for Xs=10.6 and then its probability P(Xx>10.6), using the standard normal distribution:

[tex]z=\dfrac{X_s-\mu_s}{\sigma_s}=\dfrac{10.6-10.5}{0.005}=\dfrac{0.1}{0.005}=20\\\\\\P(X_s>10.6)=P(z>20)=0[/tex]

What is the value of log Subscript 27 Baseline 9? Negative three-halves Negative two-thirds Two-thirds Three-halves

Answers

Answer:

2/3 = Two-thirds

Step-by-step explanation:

We want to find:

[tex]x = \log_{27}{9}[/tex]

Logarithm concepts:

[tex]log_{b}{a} = c[/tex] means that:

[tex]a = b^{c}[/tex]

So

[tex]x = \log_{27}{9}[/tex]

[tex]27^{x} = 9[/tex]

[tex]3^{3x} = 3^{2}[/tex]

Then

[tex]3x = 2[/tex]

[tex]x = \frac{2}{3}[/tex]

So the correct answer is:

2/3 = Two-thirds

Answer:

C 2/3

Step-by-step explanation:

Suppose a box of Cracker Jacks contains one of 5 toy prizes: a small rubber ball, a whistle, a Captain America decoder ring, a race car, or a magnifying glass. Each prize is equally likely to be in a box. Question 1. How many boxes of Cracker Jacks would you expect to buy until you obtain a complete set of prizes

Answers

Answer:

11.42 boxes

Step-by-step explanation:

For the first box bought, there is a 100% chance of getting a unique toy (since you still don't have any). E₁ = 1.

After that, there is a 4 in 5 chance of getting a unique toy from the next box, the expected number of boxes required is:

[tex]E_2 = (\frac{4}{5})^{-1} = 1.25[/tex]

For the next unique toy, there is now a 3 in 5 chance of getting it:

[tex]E_3 = (\frac{3}{5})^{-1} = 1.67[/tex]

Following that logic, there is a 2 in 5 chance of getting the 4th unique toy:

[tex]E_4 = (\frac{2}{5})^{-1} = 2.5[/tex]

Finally, there is a 1 in 5 chance to get the last unique toy:

[tex]E_5 = (\frac{1}{5})^{-1} = 5[/tex]

The expected number of boxes to obtain a full set is:

[tex]E=E_1+E_2+E_3+E_4+E_5\\E=1+1.25+1.67+2.5+5\\E=11.42\ boxes[/tex]

eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Answers

Area of a circle is Pi multiplied by radius squared

So, we do 3.142*2squared

Which gives you 12.568

so the area of the circle is 12.568 metres squared
Answer:12.568 m^2

Solution,

Radius=2 m

Area =pi r^2

= 3.142*(2)^2

=12.568 m^2

hope it helps

Good luck on your assignment

Is a sinusoid a function whose values repeat based on position of a point that moves around a circle

Answers

Answer:

  yes

Step-by-step explanation:

One way to describe a sine function is that it is the y-coordinate of a point on the unit circle that is θ radians counterclockwise from the x-axis:

  y = sin(θ)

__

Another way to describe the sine function is that it is the solution to the differential equation for undamped "simple harmonic motion."

  y'' + y = 0; y'(0) = 1, y(0) = 0

  y = sin(x)

Answer:

True

Step-by-step explanation:

Which equation is equivalent to One-fourth + x =Negative StartFraction 5 over 4 EndFraction? Select all that apply.

Answers

Options:

(A)x = StartFraction 6 over 4 EndFraction

(B)x = Negative StartFraction 6 over 4 EndFraction

(C)x minus one-fourth = negative StartFraction 5 over 4 EndFraction

(D)x = negative three-halves

(E)x = negative three-fourths

Answer:

(B)x = Negative StartFraction 6 over 4 EndFraction

[tex]-\dfrac{6}{4}[/tex]

(D)x = negative three-halves

[tex]-\dfrac{3}{2}[/tex]

Step-by-step explanation:

We want to determine which fraction is equivalent to

[tex]\dfrac{1}{4}+x=-\dfrac{5}{4}\\$First, we collect like terms$\\x=-\dfrac{5}{4}-\dfrac{1}{4} \\\\=\dfrac{-5-1}{4}\\=-\dfrac{6}{4}\\x=-\dfrac{6}{4}[/tex]

This value of x is the result in Option B.

Reducing [tex]-\dfrac{6}{4}[/tex] to its lowest form:

[tex]-\dfrac{6}{4}=-\dfrac{3}{2}[/tex] which is Option D.

Therefore, the correct options are: B and D

You roll a die with the sample space S = {1, 2, 3, 4, 5, 6}. You define A as {1 ,4, 6}, B as {1, 3, 4, 5, 6}, C as {1, 5}, and D as {2, 3, 5) 5}. Determine which of the following events are exhaustive and/or mutually exclusive
Exhaustive Mutually exclusive
a. A and B (Click to select) (Click to select)
b. A and C Click to select) (Click to select)
c. A and D (Click to select) (Click to select)
d. Band C (click to select) (click to select)

Answers

Answer:

Step-by-step explanation:

Recall that two events A,B are called mutually exclusive if and only if [tex]A\cap B = \emptyset [/tex] (their intersection is empty). They are exhaustive if they are mutually exclusive and their union is the sample space.

Based on this

a) Note that [tex]A\cap B = \{1,6\}[/tex], so they are not mutually exclusive nor exhaustive.

b) [tex]A\cap C = \{1\}[/tex] so they are not mutually exclusive nor exhaustive.

c) [tex]A\cap D = \emptyset [/tex], so they are mutually exclusive. Note that [tex]A\cup D = \{1,2,3,4,5,6\}=S[/tex]. Then they are exhaustive.

d) [tex]B\cap C = \{1,5\}[/tex], so they are not mutually exclusive nor exhaustive.

What is the area of triangle ABC?
3 square units
0 7 square units
11 square units
15 square units

Answers

[tex]the \: answer \: is \: 7 \: square \: units \\ please \: see \: the \: attached \: picture \: for \: full \: solution \\ hope \: it \: helps[/tex]

3) If you know the volume of a prism and the area of the base of the prism, what other information
can you find about the prism?

Answers

Answer:

I could find out the surface area and it's capacity

100 thousands equal to ---lakhs​

Answers

Answer:one lakh....

Step-by-step explanation:I don't say u must have to mark my ans as brainliest but if it has really helped u plz don't forget to thnk me...

Answer:

1 Lakh = 100 Thousands

Step-by-step explanation:

The height of a cylinder is twice the radius of its base.

What expression represents the volume of the cylinder, in

cubic units?

4pix2

2pix3

pix2+2x

2+pix3

Answers

Answer:

The answer is 2pix3 or  [tex]2\pi x^3\\[/tex]

Step-by-step explanation:

This problem brothers on the mensuration of solid shapes, a cylinder.

we know that the expression for the volume of a cylinder is

[tex]volume= \pi r^2h\\[/tex]

let the radius r of the base be=  x

and the height h of the cylinder be =  2x

we can now solve the expression that represents the volume of the cylinder, in cubic  units.

[tex]volume= \pi *x^2*2x\\volume= \pi *2x^3\\\\volume= 2\pi x^3\\[/tex]

Wyoming fisheries contend that the mean number of cutthroat trout caught during a full day of fly-fishing on the Snake, Buffalo, and other rivers and streams in the Jackson Hole area is 4.0. To make their yearly update, the fishery personal asked a sample of fly-fishermen to keep a count of the number caught during the day. The numbers were: 4, 4, 3, 2, 6, 8, 7, 1,9, 3, 1, and 6. At the 0.05 significance level, can we conclude that the mean number caught is greater than 4.0?​

Answers

Answer:

[tex]t=\frac{4.5-4}{\frac{2.680}{\sqrt{10}}}=0.59[/tex]  

The degrees of freedom are given by:

[tex] df =n-1= 12-1=11[/tex]

And the p value would be:

[tex]p_v =2*P(t_{11}>0.59)=0.567[/tex]  

Since the p value is higher than the significance level we have enough evidence to FAIL to reject the null hypothesis and we can conclude that the true mean area is not significantly different from 4

Step-by-step explanation:

We have the following data given:

4, 4, 3, 2, 6, 8, 7, 1,9, 3, 1, and 6

The sample mean and deviation from these data are:

[tex]\bar X=4.5[/tex] represent the sample mean  

[tex]s=2.680[/tex] represent the sample deviation

[tex]n=10[/tex] sample size  

[tex]\mu_o =4[/tex] represent the value to verify

[tex]\alpha=0.05[/tex] represent the significance level

t would represent the statistic

[tex]p_v[/tex] represent the p value

Hypothesis to verify

We want to verify if the true mean is equal to 4, the system of hypothesis would be:  

Null hypothesis:[tex]\mu =4[/tex]  

Alternative hypothesis:[tex]\mu \neq 4[/tex]  

The statistic is given by:

[tex]t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}}[/tex] (1)  

Replacing the the info we got:

[tex]t=\frac{4.5-4}{\frac{2.680}{\sqrt{10}}}=0.59[/tex]  

The degrees of freedom are given by:

[tex] df =n-1= 12-1=11[/tex]

And the p value would be:

[tex]p_v =2*P(t_{11}>0.59)=0.567[/tex]  

Since the p value is higher than the significance level we have enough evidence to FAIL to reject the null hypothesis and we can conclude that the true mean area is not significantly different from 4

A bird of species? A, when? diving, can travel six times as fast as a bird of species B top speed. If the total speeds for these two birds is 224 miles per hour​

Answers

Answer:

Maximum speed of bird A is [tex]192\,\,\frac{mi}{h}[/tex]

Maximum speed of bird B is [tex]32\,\,\frac{mi}{h}[/tex]

Step-by-step explanation:

This is a problem with two unknowns: Max speed of bird A (we name that "A"), and max speed of bird B (we call that "B"). Now we can create two equations with these two unknowns, based on the info provided:

Equation 1): based on the phrase "bird A can travel six times as fast as bird B" we write:

[tex]A=6\,*\, B\\A=6B[/tex]

Equation 2): based on the phrase; "the total speeds for these two birds is 224 miles per hour​", we write:

[tex]A+B=224\,\,\frac{mi}{h}[/tex]

Now, we use the first equation to substitute A in the second equation, ad then solve for the unknown B:

[tex]A+B=224\,\,\frac{mi}{h}\\(6B)+B=224\,\,\frac{mi}{h}\\7B=224\,\,\frac{mi}{h}\\B=\frac{224}{7} \,\,\frac{mi}{h}\\B=32\,\,\frac{mi}{h}[/tex]

Now we can solve for the other unknown "A" using the substitution equation and the value of B we just found:

[tex]A=6B\\A=6\,(32\,\,\frac{mi}{h})\\A=192\,\,\frac{mi}{h}[/tex]

9. Hue wants to buy two necklaces, one for
her sister and one for herself. The necklace
for her sister costs $43.25, and the necklace
for herself costs $26.25. The sales tax on the
purchases is 3%. Find the total cost of Hue's
purchases, including sales tax.
A $71.59
© $67.42
0 $2.09
B $69.50​

Answers

Answer:

$71.59

Step-by-step explanation:

[tex]43.25+26.25[/tex]

[tex]=69.5[/tex]

[tex]69.5*\frac{103}{100}[/tex]

[tex]69.5*1.03[/tex]

[tex]=71.585[/tex]

On a number line, b, is located the same distance from 0 as another number, a, but in the opposite direction. The number b varies directly with number a. For example b= 11/4 when a= -11/4

A) b=-a

B) -b=-a

C) b-a=0

D) b(-a)=0

Answers

Answer:

B and A

Step-by-step explanation:

So based on the facts given, we know that b and a both have the same abasolute value. It does not matter whether a or b is negative or positive.

which of the following expressions is equal to 2X^2 +8

Answers

Answer:

The question is not clear.

Step-by-step explanation:

Normally it helps to rewrite 8 as

8 = 2 * 2 * 2 = 2³

However the question is not clear.

There are no following expressions given...

By 2X^2 +8,

do you mean 2*x² + 8, or do you mean 2*x^(2 + 8)

or did you perhaps mean 2^(x+8)

Next time, please add a picture.

Answer:

(2x-4i)(x+2i)

For the transformation to be a translation, which statements must be true? Select four options.

Answers

Answer:

BD = DB'

CG = GC'

m∠EFA = 90°

The line of reflection, EH, is the perpendicular bisector of BB', AA', and CC'.

Step-by-step explanation:

Hope this helps

Correct me if this is wrong

Rationalize denominator

Answers

Answer:

work is shown and pictured

Will pick brainliest! I need help with this, actual effort in answering is much appreciated.

Answers

Answer:

option 2

Step-by-step explanation:

4^2=16/8=2.  4^2=16/16=1.  2-1=1

Using the information given, select the statement that can deduce the line segments to be parallel. If there are none select none. When m<7=m<4​

Answers

Answer:

Option (2). None

Step-by-step explanation:

A quadrilateral ABCD has been given with a property,

m∠7 = m∠4

Option (1). AB║ DC

For AB║DC, angle 7 and angle 3 should measure the same.

(By the property of alternate angles)

Therefore, by the given property we can not deduce AB║DC.

Option (3). AD║BC

For AD║BC, angle 7 and angle 3 must be equal in measure.

(By the property of alternate angles)

Therefore, by the given property we can not deduce AD║DC

Option (2). None will be the answer.

A county environmental agency suspects that the fish in a particular polluted lake have elevated mercury levels. To confirm that suspicion, five striped bass in that lake were caught and their tissues tested for the presence of mercury. For the purposes of comparison, four striped bass in an unpolluted lake were also caught and tested. The fish tissue mercury levels in mg/kg are given below. (Note: You may wish to use Excel for this problem.) Sample 1 (polluted lake) Sample 2 (unpolluted lake) 0.580 0.382 0.711 0.276 0.571 0.570 0.666 0.366 0.598a. Construct the 95% confidence interval for the difference in the population means based on these data.b. Test, at the 5% significance level, whether the data provide sufficient evidence to conclude that fish in the polluted lake have elevated levels of mercury in their tissue.c. Do your answers to (a) and (b) agree or disagree? Explain.

Answers

Answer:

a. The 95% confidence interval for the difference between means is (0.071, 0.389).

b. There is enough evidence to support the claim that the fish in this particular polluted lake have signficantly elevated mercury levels.

c. They agree. Both conclude that the levels of mercury are significnatly higher compared to a unpolluted lake.

In the case of the confidence interval, we reach this conclusion because the lower bound is greater than 0. This indicates that, with more than 95% confidence, we can tell that the difference in mercury levels is positive.

In the case of the hypothesis test, we conclude that because the P-value indicates there is a little chance we get that samples if there is no significant difference between the mercury levels. This indicates that the values of mercury in the polluted lake are significantly higher than the unpolluted lake.

Step-by-step explanation:

The table with the data is:

Sample 1 Sample 2

0.580    0.382

0.711      0.276

0.571     0.570

0.666    0.366

0.598

The mean and standard deviation for sample 1 are:

[tex]M=\dfrac{1}{5}\sum_{i=1}^{5}(0.58+0.711+0.571+0.666+0.598)\\\\\\ M=\dfrac{3.126}{5}=0.63[/tex]

[tex]s=\sqrt{\dfrac{1}{(n-1)}\sum_{i=1}^{5}(x_i-M)^2}\\\\\\s=\sqrt{\dfrac{1}{4}\cdot [(0.58-(0.63))^2+...+(0.598-(0.63))^2]}\\\\\\ s=\sqrt{\dfrac{1}{4}\cdot [(0.002)+(0.007)+(0.003)+(0.002)+(0.001)]}\\\\\\ s=\sqrt{\dfrac{0.015}{4}}=\sqrt{0.0037}\\\\\\s=0.061[/tex]

The mean and standard deviation for sample 2 are:

[tex]M=\dfrac{1}{4}\sum_{i=1}^{4}(0.382+0.276+0.57+0.366)\\\\\\ M=\dfrac{1.594}{4}=0.4[/tex]

[tex]s=\sqrt{\dfrac{1}{(n-1)}\sum_{i=1}^{4}(x_i-M)^2}\\\\\\s=\sqrt{\dfrac{1}{3}\cdot [(0.382-(0.4))^2+(0.276-(0.4))^2+(0.57-(0.4))^2+(0.366-(0.4))^2]}\\\\\\ s=\sqrt{\dfrac{1}{3}\cdot [(0)+(0.015)+(0.029)+(0.001)]}\\\\\\ s=\sqrt{\dfrac{0.046}{3}}=\sqrt{0.015}\\\\\\s=0.123[/tex]

Confidence interval

We have to calculate a 95% confidence interval for the difference between means.

The sample 1, of size n1=5 has a mean of 0.63 and a standard deviation of 0.061.

The sample 2, of size n2=4 has a mean of 0.4 and a standard deviation of 0.123.

The difference between sample means is Md=0.23.

[tex]M_d=M_1-M_2=0.63-0.4=0.23[/tex]

The estimated standard error of the difference between means is computed using the formula:

[tex]s_{M_d}=\sqrt{\dfrac{\sigma_1^2}{n_1}+\dfrac{\sigma_2^2}{n_2}}=\sqrt{\dfrac{0.061^2}{5}+\dfrac{0.123^2}{4}}\\\\\\s_{M_d}=\sqrt{0.001+0.004}=\sqrt{0.005}=0.07[/tex]

The critical t-value for a 95% confidence interval is t=2.365.

The margin of error (MOE) can be calculated as:

[tex]MOE=t\cdot s_{M_d}=2.365 \cdot 0.07=0.159[/tex]

Then, the lower and upper bounds of the confidence interval are:

[tex]LL=M_d-t \cdot s_{M_d} = 0.23-0.159=0.071\\\\UL=M_d+t \cdot s_{M_d} = 0.23+0.159=0.389[/tex]

The 95% confidence interval for the difference between means is (0.071, 0.389).

Hypothesis test

This is a hypothesis test for the difference between populations means.

The claim is that the fish in this particular polluted lake have signficantly elevated mercury levels.

Then, the null and alternative hypothesis are:

[tex]H_0: \mu_1-\mu_2=0\\\\H_a:\mu_1-\mu_2> 0[/tex]

The significance level is 0.05.

The sample 1, of size n1=5 has a mean of 0.63 and a standard deviation of 0.061.

The sample 2, of size n2=4 has a mean of 0.4 and a standard deviation of 0.123.

The difference between sample means is Md=0.23.

[tex]M_d=M_1-M_2=0.63-0.4=0.23[/tex]

The estimated standard error of the difference between means is computed using the formula:

[tex]s_{M_d}=\sqrt{\dfrac{\sigma_1^2}{n_1}+\dfrac{\sigma_2^2}{n_2}}=\sqrt{\dfrac{0.061^2}{5}+\dfrac{0.123^2}{4}}\\\\\\s_{M_d}=\sqrt{0.001+0.004}=\sqrt{0.005}=0.07[/tex]

Then, we can calculate the t-statistic as:

[tex]t=\dfrac{M_d-(\mu_1-\mu_2)}{s_{M_d}}=\dfrac{0.23-0}{0.07}=\dfrac{0.23}{0.07}=3.42[/tex]

The degrees of freedom for this test are:

[tex]df=n_1+n_2-1=5+4-2=7[/tex]

This test is a right-tailed test, with 7 degrees of freedom and t=3.42, so the P-value for this test is calculated as (using a t-table):

[tex]\text{P-value}=P(t>3.42)=0.006[/tex]

As the P-value (0.006) is smaller than the significance level (0.05), the effect is significant.

The null hypothesis is rejected.

There is enough evidence to support the claim that the fish in this particular polluted lake have signficantly elevated mercury levels.

c. They agree. Both conclude that the levels of mercury are significnatly higher compared to a unpolluted lake.

In the case of the confidence interval, we reach this conclusion because the lower bound is greater than 0. This indicates that, with more than 95% confidence, we can tell that the difference in mercury levels is positive.

In the case of the hypothesis test, we conclude that because the P-value indicates there is a little chance we get that samples if there is no significant difference between the mercury levels. This indicates that the values of mercury in the polluted lake are significantly higher than the unpolluted lake.

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