A Pearson correlation coefficient is calculated for 48 individuals. What value of df should be used to determine statistical significance in hypothesis testing

Answers

Answer 1

When calculating the Pearson correlation coefficient for 48 individuals, we should use a t-distribution with 46 degrees of freedom to determine statistical significance in hypothesis testing.

To determine the statistical significance of a Pearson correlation coefficient calculated for 48 individuals, we need to determine the degrees of freedom (df) that should be used in hypothesis testing.

In Pearson correlation, we are comparing two variables to see if they are related or correlated. The formula for Pearson correlation coefficient (r) is:

\(r = (\sum xy - ((\sum x)(\sum y)/n)) / (\sqrt{((\sum x^2 - ((\sum x)^2/n)) * (\sum y^2 - ((\sum y)^2/n)))})\)

where Σxy is the sum of the product of the scores on the two variables for each individual, Σx and Σy are the sums of scores on the two variables, and n is the sample size.

To determine the df, we need to subtract 2 from the sample size (n-2). In this case, the sample size is 48, so the df would be 46. This means that when we perform hypothesis testing on the Pearson correlation coefficient, we would use a t-distribution with 46 degrees of freedom to determine statistical significance.

The t-distribution is used because the population correlation coefficient is not known, and we are estimating it from the sample. By using the t-distribution, we can determine the probability that the observed correlation coefficient is due to chance, or if it is statistically significant.

In conclusion, when calculating the Pearson correlation coefficient for 48 individuals, we should use a t-distribution with 46 degrees of freedom to determine statistical significance in hypothesis testing.

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Related Questions

Pls help I really need help asapv

Pls help I really need help asapv

Answers

Based on the information provided, the perimeter of the real playground is 80 meters.

How to calculate the perimeter of the real playground?

To begin, let's start by identifying the length and width in the drawing. For this, you measure the sides using a ruler. According to this, the measures are:

Length = 5 cm

Widht = 3 cm

Now, let's convert these measures to the real ones considering 1 centimeter is 500 centimeters:

5 cm x 500 cm = 2500 cm  = 25 m

3 cm x 500 cm = 1500 cm  = 15 m

Now, let's find the perimeter:

25 meters + 15 meters + 25 meters + 15 meters = 80 meters

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i have i need to use the substitution method to work out what x and y is
5y−2x=10
8x+5y=60

Answers

Answer:

pick the simplest of the 2 equations

Step-by-step explanation:

5y-2x=10

5y = 2x +10

y = 2/5x + 2

now substitute

8x + 5(2/5X +2)=60

8x + 2x + 10 = 60

10x = 50

x = 5

y = 4

X=5
Y=4
Did u want the answer of the method?

Write an equation of the line in slope-intercept form.

Write an equation of the line in slope-intercept form.

Answers

Step-by-step explanation:

let us first let us calculate the gradient.

-30÷3 =-10

and the y-intercept( where the value of x=0) it is 30 therefore the equation will be y=-10x +30

lets test it if x=3

y=-10(3)+30

y=0

(3;0)

Quadrilateral RSTQ is a parallelogram .
Which of the following relationships must be true

Answers

∠R≅∠T relationship is true for the RSTQ parallelogram

A parallelogram is a quadrilateral with four sides.

a parallelogram is a simple (non-self-intersecting) quadrilateral with two pairs of parallel sides.

In parallelogram the opposite sides have equal length.

The opposite sides are congruent and the opposite angles are also congruent.

SR=TQ

ST=RQ

These sides are equal and

∠R≅∠T

∠S≅∠Q

In the given options only ∠R≅∠T is given, so we can consider this.

Hence ∠R≅∠T relationship is true for the RSTQ parallelogram

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Quadrilateral RSTQ is a parallelogram .Which of the following relationships must be true

let x be the charge for an oil change, and let the tax on x be 7% so that the actual charge is 1.07x. let y be the number of containers of oil that are needed, and $2 the price per container. then 2y is the price of the oil itself. the cov(x,y) is 5.6. what is the the cov(1.07x, 2y)? select one:a. 11. 984b. 0.3821c. 2.616d. 7.982

Answers

let x be the charge for an oil change, and let the tax on x be 7% so that the actual charge is 1.07x. let y be the number of containers of oil that are needed, and $2 the price per container. then 2y is the price of the oil itself. the cov(x,y) is 5.6.

The covariance of 1.07x and 2y is 11.984

What is covariance?

Covariance refers to the way two variables shift together. It is a measurement that evaluates how close two variables are to one another. It examines whether they change in the same direction (positive covariance) or in the opposite direction (negative covariance)

.Calculating Covariance:

Given that Cov(X,Y) = 5.6

we need to find Cov(1.07X,2Y)Hence,

Cov(1.07X,2Y) = 2 * 1.07 * Cov(X,Y) = 2.2996 * 5.6 = 11.984

Therefore, the covariance of 1.07x and 2y is 11.984.

Hence option (a) is the correct answer.

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Explain how you choose between the Law, of Sines and the Law of Cosines when finding the measure of a missing angle or side.

Answers

Law of Sines:

Used when you have a known angle and its opposite side or two known angles and an opposite side.

Law of Cosines:

Used when you have three known sides or two known sides and the included angle.

We have,

Use the Law of Sines when:

- You have a known angle and its opposite side, or

- You have two known angles and an opposite side.

The Law of Sines states that in any triangle, the ratio of the length of a side to the sine of its opposite angle is constant.

Use the Law of Cosines when:

- You have three known sides, or

- You have two known sides and the included angle.

The Law of Cosines relates the lengths of the sides of a triangle to the cosine of one of its angles.

Thus,

Use the Law of Sines when you have a known angle and its opposite side or two known angles and an opposite side.

Use the law of Cosines when you have three known sides or two known sides and the included angle.

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a-shifted 4 units right and 3 units up
B-shifted 3 units right and 2 units up
C-shifted 3 units right and 3 units up
D.shifted 2 units right and 3 units up .

PLS HELP!! ASAP

a-shifted 4 units right and 3 units up B-shifted 3 units right and 2 units up C-shifted 3 units right

Answers

The answer should be B- shifted 3 units right and 2 units up. Sorry if it’s wrong!!! Good luck! :)

You want to buy a new case for your iPhone. The case is $37 and the tax is 6%. WHAT IS THE TOTAL?

Answers

Answer:

$39.22

Step-by-step explanation:

The case costs $37. $37 is 100% of the price of the case.

The tax is 6% of the cost of the case. When you add 6% to 100% you get 106%.

The total price including tax is 106% of the price of the case.

106% of $37 = 1.06 * $37 = $39.22

Answer: $39.22

9) Molly bought a magazine for $2 and four
notepads. She spent a total of $10. How
much did each notepad cost?
Solve each inequality.

Answers

$2

Explanation: $10-$2 =$8 divided by 4 is 2 which means they spent $2 on 4 notebooks

PLEASE EXPLAIN!!!

You are planning to use a ceramic tile design in your new bathroom. The tiles are equilateral triangles. You decide to arrange the tiles in a hexagonal shape as shown. If the side of each tile measures 11cm, what will be the exact area of each hexagonal shape?


A: 3,993 cm^2

B: 181.5√3 cm^2

C: 132√3 cm^2

D: 33cm^2

Answers

The exact area of each hexagonal shape is 181.5sqrt(3) cm^2. Option B

To determine the exact area of each hexagonal shape formed by the equilateral triangles, we need to calculate the area of one equilateral triangle and then multiply it by the number of triangles that make up the hexagon.

The formula to calculate the area of an equilateral triangle is:

Area = (sqrt(3) / 4) * side^2

Given that the side of each tile measures 11 cm, we can substitute this value into the formula to find the area of one equilateral triangle:

Area = (sqrt(3) / 4) * (11 cm)^2

= (sqrt(3) / 4) * 121 cm^2

= 121sqrt(3) / 4 cm^2

Now, since the hexagon is formed by six equilateral triangles, we can multiply the area of one triangle by 6 to find the total area of the hexagon:

Hexagon Area = 6 * (121sqrt(3) / 4 cm^2)

= 726sqrt(3) / 4 cm^2

= 181.5sqrt(3) cm^2

Therefore, the exact area of each hexagonal shape is 181.5sqrt(3) cm^2.

The correct answer is B: 181.5√3 cm^2.

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Lainey bought a set of 20 markers for $6.
What is the cost of one marker?

Answers

Answer:

19 cents

Step-by-step explanation:

divide 20 by 6

Answer:

3.333333333333 and on

Step-by-step explanation:

When you want to figure this problem out you need to divide the money she spent with the markers so 20/6 and then it would divide to the lowest number possible and then you would get your answer.

Can I be brainliest???

Example 3: Random variable X is distributed with the following pdf. sin(x), for 0 < xsa f(x)= 10, otherwise a. What is the value of the constant A? b. What is the corresponding CDF? c. What is E(x)? d. What is Var(x)?

Answers

The corresponding CDF is:F(x) = 1 - cos(x) for 0 < x < π/2F(x) = 1 for x ≥ π/2c. The expected value or mean of the given random variable X is 2. d. The variance of the given random variable X is π²/4 + 2π - 6.

The value of the constant A can be obtained by using the normalization condition that the integral of the PDF function over the entire possible range of X must be equal to 1. So, we can write the following integral to solve for

A:(∫f(x) dx) from 0 to π/2=∫A sin(x) dx= A [-cos(x)] evaluated at π/2 and 0= -A(cos(π/2) - cos(0))= A (1 - 0) =1. Therefore, the value of the constant A is 1. b. The CDF of the given random variable X is given as follows:

F(x)=∫f(x)dx from 0 to x, for 0 < x < π/2=∫sin(x) dx from 0 to x= [-cos(x)] evaluated at x and 0= -cos(x) - (-cos(0))= 1 - cos(x) for 0 < x < π/2=1 for x ≥ π/2. So, the corresponding CDF is as follows:

F(x) = 1 - cos(x) for 0 < x < π/2F(x) = 1 for x ≥ π/2c. The expected value or mean of the given random variable X can be obtained using the following formula:

E(X) = ∫xf(x)dx from 0 to π/2=∫x sin(x) dx from 0 to π/2= [-x cos(x)] evaluated at π/2 and 0 - ∫-cos(x) dx from 0 to π/2= -0 + cos(0) - ([-cos(x)] evaluated at π/2 and 0)= 0 + 1 - (-1)= 2. So, the expected value of the given random variable X is 2.

d. The variance of the given random variable X can be obtained using the following formula:

Var(X) = E(X²) - [E(X)]²=∫x² f(x)dx from 0 to π/2 - [E(X)]²=∫x² sin(x)dx from 0 to π/2 - (2)²= [-x² cos(x)] evaluated at π/2 and 0 + ∫2x cos(x)dx from 0 to π/2 - 4= -0 + π²/4 - 4 + (2 sin(x) + 2x cos(x)) evaluated at π/2 and 0= π²/4 - 2 - 4 + 2 + 2π= π²/4 + 2π - 6. So, the variance of the given random variable X is π²/4 + 2π - 6

Hence, the answer is: a. The value of the constant A is 1.b. The corresponding CDF is : F(x) = 1 - cos(x) for 0 < x < π/2F(x) = 1 for x ≥ π/2c. The expected value or mean of the given random variable X is 2. d. The variance of the given random variable X is π²/4 + 2π - 6

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A store manager wishes to find out whether there is a relationship between the age of his employees and the number of sick days they take each year. The data collected is below:
Age Number of sick days
18 16
26 12
39 9
48 5
53 6
58 2
Which variable should be the independent variable?
a. Age
b. Number of sick days

Answers

In this scenario, the independent variable is the variable that is being manipulated or controlled, and the dependent variable is the variable being measured.

In this case, the store manager is interested in finding out whether there is a relationship between the age of the employees and the number of sick days they take each year. Therefore, the independent variable is the age of the employees, and the dependent variable is the number of sick days they take each year.

So, the answer is a. Age.

In this scenario, the independent variable should be the age of the employees.(option a)

The independent variable is the variable that is manipulated or controlled in an experiment or study. It is the variable that is hypothesized to have an effect on the dependent variable. In this case, the store manager wants to determine whether there is a relationship between the age of the employees and the number of sick days they take each year.

To investigate this relationship, the store manager collects data on the age of the employees and the corresponding number of sick days they take. The age of the employees is the variable that is being tested and manipulated. The number of sick days, on the other hand, is the dependent variable, as it is expected to be influenced by the age of the employees.

By analyzing the data and examining the relationship between the age of the employees and the number of sick days they take, the store manager can determine whether there is a correlation or relationship between these two variables.

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using the smallest number of pebbles possible and without using blue pebbles, what is the value in pebbles of 2 blue pebbles?

Answers

According to the combination, The value of the Two blue pebbles is a 3 red pebbles and 1 yellow pebbles.

According to the statement

We have to find that the value of the combination.

So, For this purpose, we know that the

A combination could be a mathematical technique that determines the quantity of possible arrangements in an exceedingly collection of things where the order of the choice doesn't matter.

From the given information:

A red pebble is capable 3 yellow pebbles. A blue pebble is adequate a red pebble and a couple of yellow pebbles. Therefore, the blue pebbles will be:

= 3 yellow pebble + 2 yellow pebbles

= 5 yellow pebbles or 15 red pebbles

And

Two blue pebbles will be:

= 10 yellow pebbles

= 3 red pebbles and 1 yellow pebbles.

So, According to the combination, The value of the Two blue pebbles is a 3 red pebbles and 1 yellow pebbles.

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Disclaimer: This question was incomplete. Please find the content below.

Question:

A red pebble is equal to 3 yellow pebbles A blue pebble is equal to a red pebble and 2 yellow pebbles. A green pebble is equal to 3 red pebbles

Using the smallest number of pebbles possible and without using blue pebbles, what is the value in pebbles of 2 blue pebbles?

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Please answer !!!!!!!!!!!!!!!!!!!!!!

Please answer !!!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

umm iI not sure but i think it is

Step-by-step explanation:

write out expression

Question 1 (1 point)
Sava
1 Sarah is saving for a new car. She has the following amount in her account $175 $225. $275
and $325 after weeks 1.2.3 and 4 respectively.
How much will she have after 10 weeks?
6
• 675
575
625
600
Question 21 point)

Answers

Answer:

am sorry

Step-by-step explanation:

i had to do it for more pts

325 × 10

3350

sorry am lost need help

A corporate bond has a face value of p dollars. The interest each year is 6% of the face value. After received each year. The payout is the sum of the face value and the total interest. years the total interest is the product of the number of years, 1, and the interest (a) Express the total interest /, in dollars, as a function of the age f, in years, of the bond. Note that "I is already provided. Do not include this in your submitted response to this question. I .06t+p Edit (b) Express the payout P, in dollars, as a function of f. Note that "P is already provided. Do not include this in your submitted response to this question. P= Edit

Answers

A corporate bond has a face value of p dollars. The interest each year is 6% of the face value.  the total interest /, in dollars, as a function of the age f, in years, of the bond is

a)I(f) = 0.06 * f * p

b) P(f) = I(f) + p

What is the function?

Generally, (a) The total interest, in dollars, as a function of the age f, in years, of the bond can be expressed as:

I(f) = 0.06 * f * p

This represents the total interest paid over f years, which is calculated by multiplying the annual interest rate (0.06), the number of years (f), and the face value of the bond (p).

(b) The payout P, in dollars, as a function of f can be expressed as:

P(f) = I(f) + p

This represents the total payout over f years, which is calculated by adding the total interest paid (I(f)) and the face value of the bond (p).

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suppose that prior to conducting a coin-flipping experiment, we suspect that the coin is fair. how many times would we have to flip the coin in order to obtain a 99% confidence interval of width of at most .18 for the probability of flipping a head? (note that the z-score was rounded to three decimal places in the calculation) a) 164 b) 205 c) 167 d) 212 e) 202 f) none of the above

Answers

The coin is flipped at least 52 times in order to obtain a 99% confidence interval of width of at most . 18 for the probability of flipping a head.

Hence, Option F is correct answer.

In a sample with a number n of people surveyed with a probability of a success of π , and a confidence level of (1-α), we have the following confidence interval of proportions.

\(\pi\) ± z\(\sqrt{\frac{\pi \p(1-\pi )}{n} }\)

z is the z-score that has a pvalue of \(1-\frac{\alpha }{2}\)

Since, the coin is fair, so \(\pi =0.5\).

The margin of error is:

\(M=z\sqrt{(\frac{\pi (1-\pi )}{n} )}\)

99% confidence level:

So \(\alpha =0.01\) ,z is the value of Z that has a p value of 1-\(\frac{0.01}{2}\)=0.995,

so Z= 2.575

How many times would we have to flip the coin ?

We have to flip the coin in order to obtain a 99% confidence interval of width of at most 18 for the probability of flipping a head at least n times.

n is found when M=0.18 .

So

M=\(z\sqrt{\frac{\pi (1-\pi )}{n} }\)

\(0.18=2.575\sqrt{\frac{0.5*0.5}{n} }\)

\(0.18\sqrt{n} =2.575*0.5\)

\(\sqrt{n}=\frac{2.575*0.5}{0.18}\)

\(\sqrt{n} ^{2} =(\frac{2.575*0.5}{0.18} )^{2}\)

n = 51.16

Thus, we have to flip the coin at least 52 times.

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In a class of 50 students, the number of students who offer accounting is twice as the number who offer economics.10 students offer neither of the subject and 5 students offer both subject. (i)illustrate the information on a Venn diagram. (ii) how many students offer accounting? (iii) how many students offer economics? (iv)how many students offer only 1 subject?​

Answers

The Venn diagram shows that the number of students who offer accounting is 30.

How to explain the Venn diagram?

It should be noted that a Venn diagram is an illustration which uses circles to show the relationship between the objects.

The number of students who offer accounting is:

= 25 + 5

= 30

The number of students who offer Economics is:

= 10 + 5

= 15

The number of students who offer only one subject will be:

= 25 + 10

= 35

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In a class of 50 students, the number of students who offer accounting is twice as the number who offer

- If Andrea does 5 more hours of community service, she will have at least the 12
hours of service required by her school. This can be represented by the
inequality below, where x stands for the number of hours of community service
that Andrea has already done.
1+52 12
Which number line BEST represents all values of x that satisfy this inequality?

- If Andrea does 5 more hours of community service, she will have at least the 12hours of service required

Answers

Answer:

The first/top option

Step-by-step explanation:

First, we can find the inequality that the line is representing. X is the number of hours she has already done, and she has five hours more to do to fulfill the 12 or more hours of required service. The inequality would be x+5≥12.

The minimum that X has to be is 7 because any value lower than 7 would make the inequality false[ ex. 6 + 5 ≠ 12 ]. The arrow would be pointing to the right, because 7 is the minimum value, not the max, so any value higher than 7 would still make the inequality true. Lastly, the circle would be filled, because 7 is included in the set of values that make the inequality true[ 7 + 5 = 12 ].

So, the answer would be the first option.

20 points
Jasmine earns $10 an hour. She also received $20 in tips. Sammy earned $7 per hour but receives a bonus of $50. Sammy made more money than Jasmine. Write the inequality that models the situation if they both worked the same number of hours (h). How many hours will they have worked to make this true?

Answers

The inequality that models the situation if Jasmine and Sammy both worked the same number of hours (h) is 50 + 7h > 20 + 10h.

The hours worked to make this true is 10 hours.

What is an inequality?

Inequalities are created through the connection of two expressions. It should be noted that the expressions in an inequality aren't always equal. Inequalities implies that the expressions are not equal. They are denoted by the symbols ≥ < > ≤.

Let the number of hours be h.

Jasmine earns $10 an hour. She also received $20 in tips. This will be 20 + 10h.

Sammy earned $7 per hour but receives a bonus of $50. This will be 50 + 7h

This will be illustrated as:

50 + 7h > 20 + 10h.

10h - 7h > 50 - 30

3h > 30.

Divide

h > 30/3

h > 10

The hours will be 10 hours.

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Can we draw a triangle with sides 3cm 3.5 cm and 6.5 cm?

Answers

No, we cannot draw a triangle with sides 3 cm, 3.5 cm, and 6.5 cm.

Let's understand the concept behind this:

Apply the triangle's length-of-sides property, which stipulates that the total of any two sides should be more than the value of the third side. Such a triangle cannot exist if there is any pair of sides whose sum is equal to or less than the third side.

We must determine whether the supplied side lengths constitute a triangle. We now understand that the triangle's third side should be greater than the sum of any two of its sides. Such a triangle cannot exist if there is any pair of sides whose sum is equal to or less than the third side. So, we'll try every combination and see if it meets the criteria.

Let’s assume AB = 3 cm, BC = 3.5 cm and AC = 6.5 cm.

AB + AC = 3 + 6.5 cm = 9.5 cm > 3.5 cm = BC.

AC + BC = 6.5 + 3.5 = 10 cm > 3 cm = AB.

AB + BC = 3 + 3.5 cm  = 6.5 cm = AC.

However, in this case, the length of the third side is equal to the total lengths of the other two sides, which renders the triangle's condition incorrect.

Therefore, there does not exist any triangle with sides of 3 cm, 3.5 cm, and 6.5 cm.

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Answer both (integrated) math questions for 10 points

Answer both (integrated) math questions for 10 points

Answers

Answer:

1. \(x=3\) and \(x=2\)

2. \(x=-7\) and \(x=6\)

Step-by-step explanation: In order to solve both equations you should you factoring as it is the most efficient and quick.

For Question #1,

Factor so the expression looks like this,

\((x-3)(x-2)=0\)

then take each part

\(x-3=0\\x-2=0\)

Which means

\(x=2,3\)

For #2,

Factor so the expression looks like this,

\((x-6)(x+7)=0\\\)

then take each part

\(x-6=0\\x+7=0\)

Which means

\(x=-7,6\)

What proportion of these candy bars have fewer than 200 calories? (round your answer to two decimal places.)

Answers

The proportion of candy bars with fewer than 200 calories cannot be determined without additional information.

To calculate the proportion of candy bars with fewer than 200 calories, we need to know the total number of candy bars and the number of candy bars that have fewer than 200 calories.

Without this information, we cannot determine the proportion. The number of candy bars with fewer than 200 calories could vary greatly depending on the specific dataset or context.

The proportion of candy bars with fewer than 200 calories cannot be determined without additional information regarding the total number of candy bars and the number of candy bars that fall into that category.

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If m∠ABD=84°​, what are m∠ABC and m∠​DBC? D A B C (5x+1)° (6x-5)°

Answers

The measures of angle ABC and DBC are 41 degrees and 43 degrees

How to find the measures of the angle ABC and DBC?

The angles are given as

Angle ABC = (5x + 1) degrees

Angle DBC = (6x - 5) degrees

Angle ABD = 84 degrees

The angles add up to 84 degrees

So, we have:

ABC + DBC = 84

This gives

5x + 1 + 6x - 5 = 84

Evaluate the like terms

11x = 88

Divide both sides by 11

x = 8

Substitute x = 8 in Angle ABC = (5x + 1) degrees and Angle DBC = (6x - 5) degrees

Angle ABC = (5 x 8 + 1) degrees

Angle DBC = (6 x 8 - 5) degrees

Evaluate

Angle ABC = 41 degrees

Angle DBC = 43 degrees

Hence, the measures of angle ABC and DBC are 41 degrees and 43 degrees

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Given TT = 3.142 the volume of the r = 4cm and h=8cm,Find the volume of the cone.​

Answers

the volume of the cone.​

1/3 pi r^2h

Answer:

134.04

Step-by-step explanation:

Formula for Volume of a Cone = TT r^2 h/3

= 3.142 × 4^2 × 8/3

If an island's only residents are penguins and bears, and if there are 24 heads and 64 feet on the island, how many penguins and how many bears are
on the island

Answers

Penguins (P): 1 H + 2 Ft

Bears (B): 1 H + 4Ft

Heads Equation:  1P + 1B = 14   → -2(1P + 1B = 14)   →  -2P - 2B = -28

Feet Equation:    2P + 4B = 30 →   1(2P + 4B = 30)  →  2P + 4B = 30

                                                                                              2B = 2

                                                                                                B = 1

Heads Equation:  1P + 1B = 14   →  1P + 1(1) = 14  →  P = 13

Answer: 13 Penguins and 1 Bear

Can someone please help? Thank youuu:)

Can someone please help? Thank youuu:)

Answers

the second one. i took the test

Mark is saving for his son's college education. If the savings account earns 9% interest compounded quarterly, and he wants to have $80,000 in 18 years, what must the principal be?

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Answer:

The answer is $16119 my friend!

Step-by-step explanation:

A = p(1+r/n)^nt

80000 = p(1+0.09/4)^4x18

80000 = p(1.0225)^72

p = 16118.74

Hope I helped you!

Terry deposits a principal amount of $500 in a savings account that earns an annual rate of simple interest. If he makes no deposits or withdrawals, he will earn $40 in simple interest in 4 years. What is the annual rate of simple interest?

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\(~~~~~~ \textit{Simple Interest Earned} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\dotfill & \$40\\ P=\textit{original amount deposited}\dotfill & \$500\\ r=rate\to r\%\to \frac{r}{100}\\ t=years\dotfill &4 \end{cases} \\\\\\ 40 = (500)(\frac{r}{100})(4) \implies 40=20r\implies \cfrac{40}{20}=r\implies \stackrel{\%}{2}=r\)

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