Write the Word or Phrase That Best Completes Each Statement $\mathrm { N } = \mathrm { Ie } \mathrm { kt } , \mathrm { N }$

question 264

Multiple Choice

Write the word or phrase that best completes each statement or answers the question.
-In the formula $\mathrm { N } = \mathrm { Ie } \mathrm { kt } , \mathrm { N }$ is the number of items in terms of an initial population $\mathrm { I }$ at a given time $\mathrm { t }$ and $\mathrm { k }$ is a growth constant equal to the percent of growth per unit time. How long will it take for the population of a certain country to double if its annual growth rate is $7.5 \%$ ? Round to the nearest year.

• A) \(4 \mathrm { yr }\)
• B) \(9 \mathrm { yr }\)
• C) \(27 \mathrm { yr }\)
• D) \(1 \mathrm { yr }\)

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Definitions:

F-Test Statistic

A statistical method employed to assess if two populations have equal variances by comparing the variances of these populations.

Regression Model

A statistical technique used to predict the value of a dependent variable based on the values of one or more independent variables.

Significant

A term used in statistics to denote that a result is not likely to occur by chance alone, and therefore indicates a meaningful difference or relationship.

Level of Significance

A threshold used in statistical hypothesis testing to decide whether to reject the null hypothesis, usually expressed as a probability value (p-value).