1pts
lois smith wants to retire in california when she is 70
years of age. lois, who is now 50, believes she will need
$400,000 to retire comfortably. to date, she has set
aside no retirement money. if she get an interest rate of
8% compounded semiannually, she will have to invest
(blank) today.
o $38,000
$83,320
o $38,320
o none of the above

Ahypothesis is: a the average squared deviations about the mean of a distribution of values b) an empirically testable statement that is an unproven supposition developed in order to explain phenomena a statement that asserts the status quo; that is, any change from what has been c) thought to be true is due to random sampling order da statement that is the opposite of the null hypothesis e) the error made by rejecting the null hypothesis when it is true