Drake receives $5,000 from his uncle for an early graduation present! Drake decides not to blow the gift money on a Cancun trip with his buddies, but instead purchases a Certificate of Deposit from Wells Fargo with a higher interest
rate (6%) than his current savings account (1%) at Chase Bank. If the Fed has set the Reserve Ratio at 50%, how
much new money will be created?

Onnie is considering doing some long term investing with money that she inherited. she would like to have $50,000 at the end of 30 years. approximately how much money would lonnie need to put into an account earning 6% interest compounded annually in order to meet her goal?

Y=21.95x+10 y=22.45x solve by substitution

Arandomized controlled trial is designed to evaluate the effect of metoprolol in patients with heart failure. while preparing for statistical analysis, the researcher reviews some common types of statistical errors. which of the following statements is true regarding a type i error in a clinical study? a. the study is not significantly powered to detect a true difference between study groups. bthe null hypothesis is true but is rejected in error. c. the null hypothesis is false but is accepted in error. d. type i error is also known as beta and is usually 0.1 or 0.2. e. type i error depends on the study's confidence interval.