Answer:
<em>H</em>₀: <em>μ </em>= 550 vs. <em>Hₐ</em>: <em>μ </em>< 550.
Step-by-step explanation:
A researcher believes that the mean scores for this year's college seniors in the Philippines who are interested in pursuing graduate management education will be less than 550.
The mean sore for all test‑takers is <em>μ </em>= 550 with a standard deviation of <em>σ</em> = 120.
A random sample of <em>n</em> = 250 college seniors in the Philippines interested in pursuing graduate management education who plan to take the GMAT were selected.
The null and alternative hypotheses for the study of the performance on the GMAT of college seniors in the Philippines is as follows:
<em>H</em>₀: The mean scores for this year's college seniors in the Philippines who are interested in pursuing graduate management education will not be less than 550, i.e. <em>μ </em>= 550.
<em>Hₐ</em>: The mean scores for this year's college seniors in the Philippines who are interested in pursuing graduate management education will be less than 550, i.e. <em>μ </em>< 550.
Answer:
No
Step-by-step explanation:
Answer:
210
Step-by-step explanation:
Answer:
£10,200
Step-by-step explanation:
Simple interest = principal × rate × time
Principal = £6000
Rate = 7% = 0.07
Time = 10 years
Simple interest = principal × rate × time
= £6000 × 0.07 × 10
= £4,200
Total = simple interest + principal
= £4,200 + £6,000
= £10,200
He would have to pay back a total of £10,200 in 10 years
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