Test the claim about the difference between two population means
μ1
and
μ2
at the level of significance
α.
Assume the samples are random and​ independent, and the populations are normally distributed.​Claim:
μ1=μ2​;
α=0.01
Population​ statistics:
σ1=3.6​,
σ2=1.4
Sample​ statistics:
x1=18​,
n1=27​,
x2=20​,
n2=26
Determine the alternative hypothesis.
Ha​:
μ1

greater than>
greater than or equals≥
less than<
less than or equals≤
not equals≠
μ2
Determine the standardized test statistic.
z=nothing
​(Round to two decimal places as​ needed.)
Determine the​ P-value.
​P-value=nothing
​(Round to three decimal places as​ needed.)
What is the proper​ decision?
A.Fail to reject
H0.
There is enough evidence at the
1​%
level of significance to reject the claim.
B.Reject
H0.
There is enough evidence at the
1​%
level of significance to reject the claim.
C.Fail to reject
H0.
There is not enough evidence at the
1​%
level of significance to reject the claim.
D.Reject
H0.
There is not enough evidence at the
1​%
level of significance to reject the claim

Answers

Answer 1

The correct answer is Option C. The proper decision, in this case, is  "Fail to reject H0. There is not enough evidence at the 1% level of significance to reject the claim."

The alternative hypothesis, in this case, is "μ1 ≠ μ2", as the claim being tested is that the two population means are equal.

To calculate the standardized test statistic, we can use the following formula:

z = (x1 - x2) / sqrt(((σ1^2) / n1) + ((σ2^2) / n2))

Substituting in the values given in the problem, we get:

z = (18 - 20) / sqrt(((3.6^2) / 27) + ((1.4^2) / 26))

z = (-2) / sqrt((12.96 / 27) + (1.96 / 26))

z = (-2) / sqrt(0.481 + 0.075)

z = (-2) / sqrt(0.556)

z = (-2) / 0.746

z = -2.67

To calculate the P-value, we can use the standard normal table to look up the probability of getting a value of -2.67 or lower if the null hypothesis were true. The P-value in this case would be the probability of getting a value equal to -2.67 or lower, plus the probability of getting a value equal to 2.67 or higher.

Using the standard normal table, we find that the probability of getting a value equal to -2.67 or lower is 0.0039, and the probability of getting a value equal to 2.67 or higher is 0.9961. Therefore, the P-value is 0.0039 + 0.9961 = 1.0000.

Since the P-value is equal to 1.0000, which is greater than the level of significance α = 0.01, we fail to reject the null hypothesis.

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Related Questions

Solve The Problem
There are 54 children at a park. They want to make teams with 7
children on each team. Three of the children go home. How many
complete teams can they make? Explain

Answers

Answer:

7

Step-by-step explanation:

54 - 3 = 51

51 divided by 7 is 7 with 2 left over

One student surveys the number of pens which are sold in two stationary shops.The pens of both shops are sold in a week.In the first shop 60 pens are sold in the first day and 6 pens are sold more in everyday as comparison of previous day.Similarly in the second shop 5 pens are sold in the first day and the double number of pens are sold in everyday as comparison of previous day.Now in which shop how manv nens are sold more? Find it.Ans: 89 more in second shop​

Answers

Answer: 224 pens more sold in 2nd shop

Step-by-step explanation:

Given,    

1st shop, 6 pens are sold more than previous day,

      1st day : 60

      2nd day : 60+6 =66

      3rd day : 66+6 =72

      4th day : 72+6 =78

      5th day : 78+6 =84

      6th day : 84+6 =90

      7th  day : 90+6 =96  

Then,

2nd shop, each day doubles the previous sold,

      1st day: 5

      2nd day:5*2 =10

      3rd day:10*2 =20

      4th day:20*2 =40

      5th day:40*2 =80

      6th day:80*2 =160

      7th day:160*2 =320

Therefore, second shop sells more in a week which is calculated by 320-96=224 more sold than the 1st shop.

Task: Gym Membership
Instructions
Function c is defined by the equation c(n) = 50 + 4n. It gives the monthly cost, in dollars, of visiting a gym as a function of the number of visits, n.

Complete each of the 2 activities for this Task.
Activity 1 of 2
Find the value of c(7).

Activity 2 of 2
Explain what the value of c(7) you found means in this situation.

Answers

The value of c(7) = 78 and 78 represents the monthly cost of visiting the gym 7 times.

Finding p(a) from p(x)

To find p(a) for a given polynomial p(x) we need to substitute x = a in the given polynomial i.e in place of x.

Here we have

Function c is defined by the equation c(n) = 50 + 4n.

It gives the monthly cost, in dollars, of visiting a gym as a function of the number of visits n.  

Activity 1 of 2

Find the value of c(7).

=> c(7) = 50 + 4(7)

=> c(7) = 50 + 28

=> c(7) = 78

Activity 2 of 2

Explain what the value of c(7) you found means in this situation.

In c(n) = 50 + 4n, n represents the number of visits in a month and 50+4n will represent the monthly cost in dollars

If we apply the above statement to c(7) = 78

then 7 represents the number of visits and 78 represents the monthly cost of visiting the gym 7 times

Therefore,

The value of c(7) = 78 and 78 represents the monthly cost of visiting the gym 7 times.

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In the function y= 5x, what is the value of x?
08
O There is only one solution for x.
It can be any number.
OIt is unknown and can't be found.

Answers

Answer:

It can be any number.

Step-by-step explanation:

The x xalue is an independent variable, which means its value does not depend on that of another variable (y)

find the equation of the tangent to the circle 4x²+4y²=25 what are parallel to the line 3x+5y+7=0​

Answers

Answer:

Step-by-step explanation:

To find the equation of the tangent to the circle 4x^2 + 4y^2 = 25 that is parallel to the line 3x + 5y + 7 = 0, we can use the following steps:

Rewrite the equation of the circle in standard form: (x - a)^2 + (y - b)^2 = r^2, where (a, b) is the center of the circle and r is the radius.

In this case, the equation of the circle is already in standard form, so we can skip this step.

Find the slope of the line 3x + 5y + 7 = 0. The slope is -3/5.

Find the slope of the tangent to the circle. The slope of the tangent will be equal to the slope of the line, which is -3/5.

Substitute the slope of the tangent and the coordinates of a point on the circle into the point-slope form of the equation of a line: y - y1 = m(x - x1), where (x1, y1) is a point on the circle and m is the slope.

In this case, we can substitute the coordinates of the center of the circle (which is (0, 0)) and the slope of the tangent (-3/5) into the point-slope form to get:

y - 0 = (-3/5)(x - 0)

Simplify to get the equation of the tangent: y = -3/5x.

Therefore, the equation of the tangent to the circle 4x^2 + 4y^2 = 25 that is parallel to the line 3x + 5y + 7 = 0 is y = -3/5x.

6r^2-8r =8
need helpp

Answers

Answer:

r = 2/ r = -2/3

Step-by-step explanation:

so you move the terms to the left side

6r^2 - 8r = 8

6r^2 -8r - 8 = 0

the common factor

6r^2 - 8r -8 = 0

2(3r^2 - 4r - 4) = 0

then you divideboth side by the same factor

2(3r^2 - 4r - 4) = 0

3r^2 - 4r - 4 = 0

use the quadratic formula

you would get 2.3

then you simplify

r = 4+8 over 6

seperate the equations

r = 4+8 over 6 change the plus into a minus

after that rearrange and issolate variable

r = 2

r = -2/3

therfore your answer is -2/3

The product of three consecutive integers n - 1, n, and n + 1 is 210. Write and solve an equation to find the numbers.

Answers

We can write an equation to represent the relationship between the three integers n - 1, n, and n + 1 by multiplying these three numbers together:

(n - 1) * n * (n + 1) = 210.

We can then solve this equation to find the value of n.

To solve the equation, we can first factor the left-hand side to get (n - 1) * (n + 1) * n = 210. This expression can be further simplified to n^2 - 1 = 210. We can then solve this equation by adding 1 to both sides to get n^2 = 211, and then taking the square root of both sides to get n = sqrt(211).

The value of n must be an integer, so the only possible value for n is 14. This means that the three consecutive integers are 13, 14, and 15.

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Evaluating Linear Piecewise Functions
Consider the function:
f(x) =
7/2+ 2x, x≤-1
-5+3x/2, -1 1/4x, x≥3
< -5_-4_-3_-2_-1_0_1_2_3_4_5 >
What are these values?
f(-3) =[-19/2]ᵒʳ[-5/2]ᵒʳ[-3/4]ᵒʳ[5/2]
f(-1) =[-13/2]ᵒʳ[-3/2]ᵒʳ[-1/4]ᵒʳ[-3/2]
f(3) =[-7/4]ᵒʳ[-1/2]ᵒʳ[3/4]ᵒʳ[19/2]
PLEASE HELP ME ON A SERIOUS TIME CRUNCH!!

Answers

f(-3)

-3≤-1, so we must use the 7/2+2x function.

Insert x into the function that has a true domain statement:

f(-3)=7/2+2(-3)

Evaluate:

f(-3)=7/2-6

Obtain a common denominator to subtract fractions:

f(-3)=7/2-(6•2/1•2)

Remember, -6 is equivalent to -6/1, so we multiply the numerator and denominator by 2 to get a common denominator.

Simplify:

f(-3)=7/2-12/2

Subtract the numerators only; denominators stay as 2:

f(-3)=(7-12)/2

Answer: f(-3)=-5/2

—————————————————————



f(-1)

-1≤-1, so we must use the 7/2+2x function again. We must always check x in all domain piecewise cases.

Let’s evaluate f(-1):

f(-1)=7/2+2(-1)

f(-1)=7/2-2

Obtain a common denominator; -2=-2/1:

f(-1)=7/2-(2•2/1•2)

f(-1)=7/2-4/2

f(-1)=(7-4)/2

Answer: f(-1)=3/2
—————————————————————

f(3)

Let’s check all domain cases. We see the only true statement is: 3≥3, so we must use the 1/4x function.

f(3)=1/4(3)

Answer: f(3)=3/4


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In the coordinate plane, the point A(-4, 0) is translated to the point A'(0, -4). . Under the same translation, the points B(-8, 3) and C(-1, -3) are translated to B' and C', respectively. What are the coordinates of B And C'?

Answers

Part 1) The rule of the translation is    (x,y) ------> (x+4,y+5) ,Part 2) B'(4,8) Part 3) C'(3,3)

What are the coordinates of B And C'?Part 1)

Find out the rule of the translation

we know that

The transformation of the point A to A' is equal to

A(-4,1) ------> A'(0,6)

so

The rule of the translation is equal to

(x,y) ------> (x + a ,y + b)

(-4,1) ------> (-4 + a, 1 + b)

Find the value of a

-4 + a = 0 -----> a = 4

Find the value of b

1 + b = 6 -----> b = 5

substitute the values of a and b

(x,y) ------> (x+4,y+5)

That means -----> The translation is 4 units at right and 5 units up

Part 2)

Find out the coordinates of B'

Applying the rule of the translation

(x,y) ------> (x+4,y+5)

so

B(0,3) ------> B'(0+4,3+5)

B(0,3) ------> B'(4,8)

Part 3)

Find out the coordinates of C'

Applying the rule of the translation

(x,y) ------> (x+4,y+5)

so

C(-1,-2) ------> C'(-1+4,-2+5)

C(-1,-2) ------> C'(3,3)

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The table below gives values of a function g at selected values of x. x 0 1 3 7 g(x) 24 35 42 68
Which of the following statements, if true, would be sufficient to conclude that there exists a number c in the interval [0,7] such that g (c) = 50 ? I. g is defined for all in the interval (0,7). II. g is increasing for all in the interval (0,7]. III. g is continuous for all o in the interval 0,7). (A) II only (B) Ill only (C) I and Ill only (D) I, ll and III

Answers

g is continuous for all x in the interval [0,7] is correct statement that would be sufficient to conclude that there exists a number c in the interval [0,7] such that g (c) = 50.

Here the given function g(x) gives values for selected values of x.

Now we are to find a condition which will conclude that there exist a number 'c' in the interval [0,7] such that g(c)=50

If a function f : a, b [tex]\rightarrow[/tex] R be continuous on R with [tex]$\mathrm{f}(\mathrm{a}) \neq \mathrm{f}(\mathrm{b})$[/tex]  then the function f(x) attains every value between f(a) and f(b) at least once in the interval [a, b]

I. The option is false.

Because if the function is defined in the interval [0,7] then it is not necessary that there exist a point in this interval, where the function will attain the value 50.

II. The given option is false.

Because if the function is increasing in the interval [0,7] then it is not necessary that there exist a point in this interval, where the function will attain the value 50.

III. This option is correct.

Since g(0) = 24 and g(7) =  68 and 'g' is continuous on the interval [0,7] , so the function g(x) attains every value between 24 and 68 at least once in the interval [0,7].

That is there must be a point 'c' in the interval [0,7] such that g(c)=50.

Therefore option (B) is correct.

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Carmen paid $10.50 for a T-shirt at the mall it was on sale for 30% off what was the original price before the discount

Answers

To find the original price of the T-shirt before the discount, we need to divide the discount by the percentage to find the discount amount, then add the discount amount to the sale price to find the original price. In this case, the discount was $10.50 * 30% = $<<10.5030.01=3.15>>3.15. So the original price of the T-shirt before the discount was $10.50 + $3.15 = $<<10.50+3.15=13.65>>13.65. Answer: \boxed{13.65}.

Answer:

$15.00

Step-by-step explanation:

The original price is x, an unknown.

x is 100% of the original price.

The discount was 30%.

100% - 30% = 70%

The discounted price was 70% of the original price.

70% of x is $10.50

0.7x = 10.5

x = 15

Answer: $15.00

can u answerr for me pls

Answers

Part A:

The graph of the line intersects the x-axis at the point (4, 0).

Part B:

The point represents the distance of Shari from the home.

After 4 minutes, Shari rushed past her house.

What is a graph?

A function graph is a visual representation of a relation. A function is actually equal to its graph in set theory and current mathematical foundations. For instance, when deciding whether or not a function is onto (surjective), a codomain should be taken into account. The graph of a function alone does not reveal the codomain. Although they relate to the same thing, the terms "function" and "graph of a function" communicate different perspectives on it, which is why they are commonly employed.

The line's x-intercept is 4 minutes.

The time Shari will arrive at her house is indicated by the 4 minutes.

Shari's distance from home on her run across town is represented by the line 6x - 3y = 24......... (1), where y stands for blocks, and x for minutes.

Therefore, when y = 0, we obtain 6x - 0 = 24, which equals x = 4, from equation (1) above.

As a result, 4 minutes is the x-intercept of the line (1).

It is stated that Shari will get at her house in 4 minutes, and there are no blocks between them.

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How can you interpret statements that use function notation without a graph?

Answers

Function notation, such as f(x) = 3x + 5, can be interpreted by plugging in different values for x and evaluating the resulting expression.

For example, if we plug in 2 for x, we get f(2) = 3(2) + 5 = 11. This means that the value of the function at x = 2 is 11. By plugging in different values for x, we can evaluate the function at any point on its domain.

What is a function notation?

A connection between two variables can be expressed using function notation. We are accustomed to writing straight-line equations in the form y = m x + c .

We can express this in function notation as f (x) = m x + c by substituting y with f (x).

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Select all the expressions that are equivalent to 2(x+3).
(Select all that apply.)
(x+3) . 2
2 . x+3
2x+5
2x+6
2x+3 . 2

Answers

Answer:

The correct answers are (x+3) . 2 and 2x+6.

In the first expression, (x+3) . 2, the parentheses indicate that x+3 should be treated as a single term and multiplied by 2. This is equivalent to 2(x+3).

In the second expression, 2x+6, the 2 is multiplied by x and the 3 from x+3, giving 2x+6, which is also equivalent to 2(x+3).

The other expressions are not equivalent because they do not properly distribute the multiplication. For example, in 2 . x+3, the 2 is only being multiplied by x, not x+3, and in 2x+5, the 2 is only being multiplied by x and not 3.

The coordinates of the vertices of a rectangle are (4, −3), (2, 3), (11, 6), and (13, 0).

What is the perimeter of the rectangle? Round each step to the nearest tenth.

Enter your answer, as a decimal, in the box.

Answers

The perimeter of the rectangle is equal to 2(√90 + √40).

What is coordinate geometry?

A coordinate plane is a 2D plane which is formed by the intersection of two perpendicular lines known as the x-axis and y-axis. A coordinate system in geometry is a method for determining the positions of the points by using one or more numbers or coordinates.

The perimeter is defined as the sum of all the sides of the rectangle.

Given coordinates of the rectangle are (4, −3), (2, 3), (11, 6), and (13, 0). The length and width of the rectangle are calculated by the distance formula.

D = √ [ ( y₂ - y₁ )² + ( x₂ - x₁ )² ]

Here, D is the distance, and the  y₂ and y₁ are the coordinates.

L = √(13-4)² + 3² = √90

W = √ ( 4-2)² + (3 + 3)² = √40

The perimeter is,

P = 2(L + W)

Here, P is the perimeter and L is the length, and W is the width.

P = 2 (√90 +√ 40)

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a rectangle in the first and second quadrants of the coordinate plane has its base along the x-axis and two vertices on the parabola defined by y

Answers

The area of rectangle with has its vertices defined on parabola is 32 square units.

What is rectangle?

An example of a quadrilateral with equal and parallel opposite sides is a rectangle. It is a polygon with four sides and four angles that are each 90 degrees. A rectangle is a shape with only two dimensions.

What are other terms to describe rectangle?

Square, figure, oblong, parallelogram, plane a.re terms to describe rectangle

Equation of Parabola is y = 12 - x^2 is an even function.

Therefore, its rectangle form also is even at the origin.

We know area of rectangle = length × width

Here,

length = 2x, width = y

Area, A = 2x(12 - x2)

⇒ A = 24x - 2x^3

Take derivative of A with respect to x

⇒ A' = 24 - 6x^2

The area is largest when A' = 0

⇒ 24 - 6x^2 = 0

⇒ x^2 = 4

⇒ x = 2

Put the value of x in y = 12 - x^2

⇒ y = 12 - 4

⇒ y = 8

Area = 2(2)(8) = 32

Therefore, the largest area of a rectangle is 32 square units.

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Find k so that the line through (4, -3) and (k.1) is
a. parallel to 3x + 5y = 10,
b. perpendicular to 4x - 3y = - 1
a. k=

Answers

Answer:

  a.  k = -8/3 = -2 2/3

  b.  k = 32/5 = 6.4

Step-by-step explanation:

You want to find the values of k that place the point (k, 1) on the line through the point (4, -3) when that line is (a) parallel to 3x +5y = 10, and (b) perpendicular to 3x +5y = 10.

a. Parallel

The equation of the parallel line will have the same x- and y-coefficients, but will have a constant that make the equation true at the point (4, -3).

  3x +5y = 3(4) +5(-3) = 12 -15 = -3

The equation of the parallel line is

  3x +5y = -3

When y=1, the value of k is ...

  3k +5(1) = -3

  3k = -8

  k = -8/3 = -2 2/3 . . . . . . on line parallel to 3x+5y=10

b. Perpendicular

The equation of the perpendicular line will have swapped x- and y-coefficients, with one of them negated. The constant will be chosen to make the equation true at the point (4, -3).

  5x -3y = 5(4) -3(-3) = 20 +9 = 29

The equation of the perpendicular line is

  5x -3y = 29

When y=1, the value of k is ...

  5k -3(1) = 29

  5k = 32

  k = 32/5 = 6.4 . . . . . . on th eline perpendicular to 3x+5y=10

There are only 2.1 x 108 metric tonnes of usable fossil fuels existing on Earth.

Assuming an estimated rate of fossil fuel use of 1 x 105 metric tonnes per year, calculate an order of magnitude estimation of the time left before the fossil fuel reserves run out.

Give your answer to one significant figure.\

The answer is 2000 but I cannot figure out how they got it.

Answers

The time that is left before the fossil fuel reserves run out would be= 2000 years.

What is a fossil fuel?

A fossil fuel is defined as the type of fuel that is gotten from dead and decayed organic matter that has been buried for years underneath the earth surface.

The quantity of usable fossil fuel existing on earth = 2.1 x 10⁸metric tonnes.

The rate of fossil fuel used per year = 1 x 10⁵

Mathematically,

If 1 year = 1 x 10⁵

X years = 2.1 x 108

make X years the subject of formula;

X years = 2.1× 10⁸/1× 10⁵

X years = 2.1 × 10³ or 2100

X year = 2000( to one significant figure)

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Hello may I please get some help with this question

Answers

the answer is a , b , and c .

To indirectly measure the distance across a river, Sebastian stands on one side of the river and uses sight-lines to a landmark on the opposite bank. Sebastian draws the diagram below to show the lengths and angles that he measured. Find PRPR, the distance across the river. Round your answer to the nearest foot.

Answers

Sebastian uses the method of similar triangles to find the distance across the river, and the distance across the river is 372 foot.

What is a Triangle?

A triangle is a polygon with three sides and three vertices.

The triangle's total number of angles comes to 180°.

The distances between the formed the sight-lines are;

RB = 210 feet

OC = 275 feet

The distance between the point close to the river and the next point further from the river = 115 feet

In triangles ΔPRB and ΔPOC,

we have;

∠PRE = ∠POC = 90°

Given;

∠PER ≅ ∠PCO

By corresponding angle formed between two parallel lines and a common transversal.

Using angle-angle similarity theorem;

∴ ΔPRE is similar to ΔPOC Which gives;

PR / PO = RE / OC

Let x represent the distance across the river,

we have;

PR = x

PO = 115 + x

Which gives;

x / (115+x) = 210 / 275

275x = 210 × (115 + x)

275x = 24150 + 210x

275x - 210x = 24150

65x = 24150

x = 371. 54

Therefore, the distance across the river is 372 foot.

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Solve for x: −7 < x − 1 < 8
6 < x < 9
−6 > x > 9
6 > x > −9
−6 < x < 9

Answers

The solution for the given inequality is -6 < x < 9.

What is linear equality?

In mathematics a linear inequality is an inequality that involves a linear function. A linear inequality contains one of the symbols of inequality. It shows the data which is not equal in graph form.

The given inequality is:

         -7 < x - 1 < 8

       −7 + 1 < x − 1 + 1 < 8 + 1 -------- (Add 1 to all parts)

             -6 < x < 9

Hence, the solution for the given inequality is -6 < x < 9.

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Q2) A company is evaluating the extension of credit to a new group of customers.
Although these customers will provide $180,000 in additional credit sales, 12% are likely
to be uncollectible. The company will also incur $16,200 in additional collection
expense. Production and marketing costs represent 72% of sales. The firm is in a 34% tax
bracket and has a receivables turnover of four times. No other asset buildup will be
required to service the new customers. The firm has a 10% desired return.
has a
a. Calculate the incremental income after taxes and the return on incremental
investment. Should the company extend credit to these customers?
b. Based on the income level determined in (a), should credit be extended if an
additional investment in inventory is considered? Assume an inventory turnover
of 1.6 times.

Answers

Answer:

Step-by-step explanation:

a. To calculate the incremental income after taxes, we need to determine the incremental costs and revenues associated with extending credit to the new customers. The additional credit sales will generate $180,000 in revenue, but we need to subtract the expected uncollectible amount of 12% * $180,000 = $21,600. The net additional credit sales will be $180,000 - $21,600 = $158,400.

The production and marketing costs will be 72% * $180,000 = $129,600. The total incremental costs will be $129,600 + $16,200 (collection expense) = $145,800.

The incremental income before taxes will be $158,400 - $145,800 = $12,600. The income tax will be 34% * $12,600 = $4,284. The incremental income after taxes will be $12,600 - $4,284 = $8,316.

To calculate the return on incremental investment, we need to determine the incremental investment required to extend credit to the new customers. Since no additional investment in assets is required, the incremental investment will be equal to the incremental costs of $145,800. The return on incremental investment will be $8,316 / $145,800 = 5.7%.

Based on the return on incremental investment of 5.7%, the company should not extend credit to the new customers, as it is below the desired return of 10%.

b. If an additional investment in inventory is required to extend credit to the new customers, we will need to recalculate the incremental income after taking into account the additional investment. If the additional investment in inventory is $x, the incremental investment will be $145,800 + $x. The incremental income before taxes will be $158,400 - ($129,600 + $16,200 + $x) = $12,600 - $x. The income tax will be 34% * ($12,600 - $x) = $4,284 - $x * 0.34. The incremental income after taxes will be ($12,600 - $x) - ($4,284 - $x * 0.34) = $8,316 - $x * 0.34.

To determine whether credit should be extended, we need to compare the return on incremental investment to the desired return of 10%. The return on incremental investment will be ($8,316 - $x * 0.34) / ($145,800 + $x). Setting this equal to the desired return of 10% and solving for x, we find that the additional investment in inventory cannot exceed $24,764 for the company to meet its desired return. If the additional investment in inventory is less than or equal to $24,764, the company should extend credit to the new customers. If it is greater than $24,764, the company should not extend credit to the new customers.

Suppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is less than 3%. A mutual-fund rating agency randomly selects 27 months and determines the rate of return for a certain fund. The standard deviation of the rate of return is computed to be 2.55 %. Is there sufficient evidence to conclude that the fund has moderate risk at the a= 0.05 level of significance? A normal probability plot indicates that the monthly rates of return are normally distributed. What are the correct hypotheses for this test?

Answers

The correct hypotheses for this test are:

Null hypothesis (H0): The standard deviation of the mutual fund's monthly rate of return is greater than or equal to 3%.

Alternative hypothesis (H1): The standard deviation of the mutual fund's monthly rate of return is less than 3%.

To determine if there is sufficient evidence to reject the null hypothesis and conclude that the fund has moderate risk, you would need to perform a hypothesis test. In this case, since you have a sample of 27 monthly rates of return and the normal probability plot indicates that the data is normally distributed, you can use a z-test for the population standard deviation.

To perform the test, you would need to calculate the test statistic and the p-value. The test statistic is calculated as follows:

test statistic = (sample standard deviation - population standard deviation) / (standard error)

where the sample standard deviation is 2.55%, the population standard deviation is 3%, and the standard error is calculated as:

standard error = sample standard deviation / sqrt(sample size)

Plugging in the values, the test statistic is:

test statistic = (2.55 - 3) / (2.55 / sqrt(27)) = -0.44

The p-value is the probability of observing a test statistic at least as extreme as the one calculated, given that the null hypothesis is true. To calculate the p-value, you can use a z-table or a statistical software package.

If the p-value is less than the chosen level of significance (a=0.05 in this case), you can reject the null hypothesis and conclude that the fund has moderate risk. If the p-value is greater than the level of significance, you cannot reject the null hypothesis and cannot conclude that the fund has moderate risk.

NO LINKS!! Find a formula for the nth term of the geometric sequence:

7, -21, 63, . . .

a_n =

Answers

To find the formula for the nth term of a geometric sequence, we can use the formula:

a_n = a_1 * r^(n-1)

where a_1 is the first term of the sequence, r is the common ratio, and n is the position of the term.

In this case, the first term of the sequence is a_1 = 7 and the common ratio is r = (-21)/7 = -3. Plugging these values into the formula, we get:

a_n = 7 * (-3)^(n-1)

Therefore, the formula for the nth term of the geometric sequence is:

a_n = 7 * (-3)^(n-1)

Answer:

[tex]a_n=7\left(-3\right)^{n-1}[/tex]

Step-by-step explanation:

[tex]\boxed{\begin{minipage}{5.5 cm}\underline{Geometric sequence}\\\\$a_n=ar^{n-1}$\\\\where:\\\phantom{ww}$\bullet$ $a$ is the first term. \\\phantom{ww}$\bullet$ $r$ is the common ratio.\\\phantom{ww}$\bullet$ $a_n$ is the $n$th term.\\\phantom{ww}$\bullet$ $n$ is the position of the term.\\\end{minipage}}[/tex]

Given geometric sequence:

7, -21, 63, ...

To find the common ratio, divide a term by the previous term:

[tex]\implies r=\dfrac{a_3}{a_2}=\dfrac{63}{-21}=-3[/tex]

Substitute the found common ratio and given first term into the formula to create an equation for the nth term:

[tex]a_n=7\left(-3\right)^{n-1}[/tex]

What is the correlation coefficient between the following variables?

Answers

Correlation Coefficient between the given variables is 0.0023

What is Correlation Coefficient?

A statistical concept known as the correlation coefficient aids in establishing a relationship between expected and actual values gained through statistical experimentation. The estimated correlation coefficient's value explains how well the expected and actual values match.

Correlation Value of the coefficient is always between -1 and +1. If the correlation coefficient value is positive, the two variables have a similar and same relationship. Otherwise, it shows how the two variables are different.

The Pearson correlation coefficient is the result of dividing the covariance of two variables by the sum of their standard deviations. It is typically displayed as ρ(rho).

The correlation coefficient can be determined using the formula if the two variables being discussed are x and y.

Formula for Correlation Coefficient:

r×{[n∑x∧2-(∑x)∧2][n∑y∧2-(∑y)∧2]}=n(∑xy)-∑x×∑y.

Calculation:

From given data:

∑x=3.95+4.18+7.5+6.19+6.35+7.23+7.98+8.15=51.53

∑y=16.12+15.75+21.45+20.08+22.60+21.95+26.42+28.38=172.75

∑x²=[tex]3.95^{2}+4.18^{2}+7.5^{2}+6.19^{2}+6.35^{2}+7.23^{2}+7.98^{2}+8.15^{2}=350.3393[/tex]

∑y²=[tex]16.12^{2}+15.75^{2}+21.45^{2}+20.08^{2}+22.60^{2}+21.95^{2}+26.42^{2}+28.38^{2}=3867.2291[/tex]

∑xy=[tex]3.95\cdot16.12+4.18\cdot15.75+7.5\cdot21.45+6.19\cdot20.08+6.35\cdot22.6+7.23\cdot21.95+7.98\cdot26.42+8.15\cdot28.38=1159.0163[/tex]

By substituting in formula:

[tex]r=\frac{8*1159.0163-51.53*172.75}{(8*350.3393-51.53^2)(8*3867.2291-172.75^2)}=\frac{370.3229}{147.3735*1095.2703}[/tex]

r=0.00229=0.0023

Correlation Coefficient between the given variables is 0.0023

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The correlation coefficient between the following variables is  0.76.

What is correlation?

A statistical measure called correlation shows how much two or more variables fluctuate in connection to one another. When two variables rise or decrease simultaneously, there is a positive correlation; when there is a negative correlation, one variable increases as the other falls.

We know the coefficient of correlation is [tex]r = \frac{\sum{XY}}{\sum{X^{2}Y^2}}[/tex].

Now, [tex]\sum{XY}[/tex] = (3.95)×(16.12) + (4.18)×(15.75) + (7.50)×(21.45) + (6.19)×(20.08)

+ (6.35)×(22.60) + (7.23)×(21.95) + (7.98)×(26.42) + (8.15)×(28.38).

[tex]\sum{XY} =[/tex] 1159.02.

[tex]\sum{X} =[/tex] 51.53.

[tex]\sum{X^2} =[/tex] 463.35.

[tex]\sum{Y} =[/tex] 172.75.

[tex]\sum{Y^2} =[/tex] 5047.015.

∴ [tex]r = \frac{\sum{XY}}{\sum{X^{2}Y^2}}[/tex].

= [tex]\frac{1159.02}{\sqrt{463.35\times 5057.015}}[/tex].

= 1159.02/1530.74.

= 0.76.

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I rent a gym for $150 for 30 students. Another time I rent the gym for $350 for 70 students. What is my rate per student?

Answers

The rate per student for the gym is given as $5.

What are arithmetic operations?

The arithmetic operations are the fundamentals of all mathematical operations. The example of these operators are addition, subtraction, multiplication and division.

The rent of gym for 30 students is $150.

And, for 70 students it is $350.

The rate of rent in both the cases can be found by taking the ratio as follows,

The unit cost in the first case = Total rent ÷ Number of students

                                                 =  150 ÷ 30 = $5  

And, the unit cost in the second case = 350 ÷ 70 = $5

Hence, the required rate is obtained as $5 per student for both the cases.

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Im a bit stuck can I get some help

Answers

The relationship's slope and common difference are both 70 and constant.

What is the slope of the line?

The slope of the line is a tangent angle made by line with horizontal. i.e. m =tanx where x in degrees.

here,
As the  relationship given in the table is linear,
The slope of the relationship is given as,
M = (y₂ - y₁) /  (x₂ - x₁)
Now, putting values from the table,
m = 140 - 70 / 2 - 1
m = 70 jumps per minute

Now,
The common difference between the consecutive minutes of jumping,
d = 140 - 70 = 210 - 140
d = 70 = 70

From the above evaluation, it can be said that the common difference and rate are constant.

Thus, the slope of the relationship and the common difference is 70, as well as constant.

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What is the slop in the equation

Answers

-2/3 (the number before x)

We want to estimate the average coffee intake of Coursera students, measured in cups of coffee. A survey of 1,000 students yields an average of 0.55 cups per day, with a standard deviation of 1 cup per day. Which of the following is not necessarily true?
A. The sample distribution is right skewed.
B.0.55 is a point estimate for the population mean.
C. μ=0.55, Ï=1
D. x bar = 0.55, s=1

Answers

to estimate the average coffee intake of Coursera students, measured in cups of coffee. C) μ=0.55, σ=1 is not necessarily true.

Which of the given is not necessarily true?

Given that survey is of 1000 students so n = 1000, average is 0.55 cups per day  i.e. mean (x bar) = 0.55 and standard deviation is of 1 cup per day ,i.e. S.D (s) = 1 .

How to calculate standard deviation?

First, determine the mean. Step 2: Calculate the square of each data point's variance from the mean. Add the values from Step 2 in Step 3. Divide by the total number of data points in step 4.

Just because the sample statistics are these values doesn't mean the population values will be exactly equal to them, therefore it's not necessarily true μ=0.55, σ=1 .

C) μ=0.55, σ=1 is not necessarily true.

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Order the ratios from least to greatest.

5:8 11:16 18:32

Answers

The least to greatest of the ratio is 18 : 32, 5 : 8, and 11 : 16

Arrange from least to greatest

Least to greatest arrangement can also be referred to as ascending order. Ascending order is the order such that each element is greater than or equal to the previous element.

5 : 8

= 5/8

= 0.625

11 : 16

= 11/16

= 0.6875

18 : 32

= 18/32

= 0.5625

Therefore, the ratio can be arranged as 18 : 32, 5 : 8, and 11 : 16 in ascending order.

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