PLS SOLVE!! Nathan needs to borrow $4500 to buy a car. He has two options. a) Determine how much interest Nathan will need to pay if he borrows the money at 8.25% per year simple interest
for 3 years. I = Prt

Given:

Sham: n= 20,     x=0.44,   s=1.24,

Magnet:n= 20,  x =0.49,   s= 0.95

For Sham:

Sample size, n = 20

Sample mean = 0.44

Standard deviation = 1.24

For Magnet:

Sample size = 20

Sample mean = 0.49

Standard deviation = 0.95

The null and alternative hypotheses:

H0: s1²=s2²

H1: s1² ≠ s2²

a) To find the test statistics, use the formula:

Test statistics = 1.7037

b) P-value:

Sham: degrees of freedom

Magnet: degrees of freedom

The critical values:

[Za/2, df1, df2)], [(1 - Za/2), df1, df2]

The rejection region:

Reject H0, if  F < 0.3958 or if F > 2.526

c) Conclusion:

Since the critical values of test statistic is between (0.3958 < 1.7037 < 2.526), we fail to reject null hypothesis H0.

There is insufficient evidence to to support the claim that those given a sham treatment have reductions that vary more than those treated with magnets