Answer:
Step-by-step explanation:
Answer:
She washed 21 cars
Step-by-step explanation:
Answer:
Jan washed 21 cars
Step-by-step explanation:
120.75 / (Divided) 5.75=21
If you were to times 5.75 by 21 you will get the amount she rasied at the car wash
Answer:
= - 2.43%
Step-by-step explanation:
From the information given:
Since the variable (daily returns) is normally distributed, Then, using empirical rule at 95% confidence interval level, we have:
where;
The expected mean daily return
The standard deviation
Given that the 95% confidence interval is expected to be a maximum loss, then the probability is left-tailed which is 1.65 away from the average.
Thus the distribution of the lower boundary can be computed as:
=
=
=
= - 2.43%
b. Assume the Investment Company Institute sampled 300 American families to estimate that the percent owning stocks or stock funds was 46% in 2012. What is the p-value for your hypothesis test?
c. At α = .01, what is your conclusion?
Using the z-distribution, as we are working with a proportion, it is found that:
a) ,
b) The p-value is of 0.0075.
c) Since the p-value of the test is of 0.0075 < 0.01 for the left-tailed test, it is found that there is enough evidence to reject the null hypothesis and conclude that a smaller proportion of American families own stocks or stock funds in 2012 than 10 years ago.
At the null hypothesis, it is tested if the proportion is still of 53%, that is:
At the alternative hypothesis, it is tested if the proportion is now smaller, that is:
Item a:
The hypothesis are:
Item b:
The test statistic is given by:
In which:
In this problem, the parameters are:
.
Hence, the value of the test statistic is given by:
Using a z-distribution calculator, considering a left-tailed test, as we are testing if the proportion is less than a value, with z = -2.43, it is found that the p-value is of 0.0075.
Item c:
Since the p-value of the test is of 0.0075 < 0.01 for the left-tailed test, it is found that there is enough evidence to reject the null hypothesis and conclude that a smaller proportion of American families own stocks or stock funds in 2012 than 10 years ago.
More can be learned about the z-distribution at brainly.com/question/26454209
Answer:
a) Null hypothesis:
Alternative hypothesis:
b)
c) So the p value obtained was a very low value and using the significance level given we have so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 1% of significance the proportion of American families owning stocks or stock funds is significantly less than 0.53 .
Step-by-step explanation:
Data given and notation
n=300 represent the random sample taken
estimated proportion of American families owning stocks or stock funds
is the value that we want to test
represent the significance level
Confidence=99% or 0.99
z would represent the statistic (variable of interest)
represent the p value (variable of interest)
Concepts and formulas to use
Part a
We need to conduct a hypothesis in order to test the claim that proportion is less than 0.53 or 53%.:
Null hypothesis:
Alternative hypothesis:
Part b
When we conduct a proportion test we need to use the z statistic, and the is given by:
(1)
The One-Sample Proportion Test is used to assess whether a population proportion is significantly different from a hypothesized value .
Calculate the statistic
Since we have all the info requires we can replace in formula (1) like this:
Statistical decision
It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.
The significance level provided . The next step would be calculate the p value for this test.
Since is a left tailed test the p value would be:
Part c
So the p value obtained was a very low value and using the significance level given we have so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 1% of significance the proportion of American families owning stocks or stock funds is significantly less than 0.53 .
Answer:
11
Step-by-step explanation:
2^3-(30/5)+9
First, you divide 30/5 because it is in parentheses and we are following this rule for order of operations:
P- parentheses
E- exponents
M- multiplication
D- division
A- addition
S- subtraction
so 30/5 = 6 and plugged in is:
2^3-(6)+9
Next, we do exponents:
2^3 = 2x2x2 = 8
plugged back in:
8-(6)+9
Now, we do the math from left to right so:
8-6=2
2+9=11
11 is your answer
Answer:
148 cm^2.
Step-by-step explanation:
It has 2 surfaces of area 5*6, 2 of 5*4 and 2 of 4*6.
= 2*30 + 2*20 + 2*24
= 60 + 40 + 48
= 148 cm^2.
Answer:
The future value of the annuity due to the nearest cent is $2956.
Step-by-step explanation:
Consider the provided information:
It is provided that monthly payment is $175, interest is 7% and time is 11 years.
The formula for the future value of the annuity due is:
Now, substitute P = 175, r = 0.07 and t = 11 in above formula.
Hence, the future value of the annuity due to the nearest cent is $2956.