The hypothesis test shows that we reject the null hypothesis and there is sufficient evidence to support the claim that the return rate is less than 20%
<h3>What is the claim that the return rate is less than 20% by using a statistical hypothesis method?</h3>
The claim that the return rate is less than 20% is p < 0.2. From the given information, we can compute our null hypothesis and alternative hypothesis as:


Given that:
Sample size (n) = 6965
Sample proportion 
The test statistics for this data can be computed as:



z = -2.73
From the hypothesis testing, since the p < alternative hypothesis, then our test is a left-tailed test(one-tailed.
Hence, the p-value for the test statistics can be computed as:
P-value = P(Z ≤ z)
P-value = P(Z ≤ - 2.73)
By using the Excel function =NORMDIST (-2.73)
P-value = 0.00317
P-value ≅ 0.003
Therefore, we can conclude that since P-value is less than the significance level at ∝ = 0.01, we reject the null hypothesis and there is sufficient evidence to support the claim that the return rate is less than 20%
Learn more about hypothesis testing here:
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William paid $11.70 for the pomegranates because 17% of 10 is 1.7. When you add that back to your original $10, you get $11.70.
Answer:
Yes, Sally has enough money to buy 28 cans of soda.
Step-by-step explanation:
Yes, because £10 = 1000p
1000p / 28p = 35 cans
35 cans < 28 cans
So Sally has enough money for 28 cans.
Answer:
7 hours
Step-by-step explanation:
47+23=70
1hour = 70 toys
? = 490 toys
Then you cross multiply:
1hour*490 toys= 490/70 = 7 hours
____________
70 toys
2/3 is equivalent to 16/24
and 5/8 is equivalent to 15/24 miles
15/24+16/24= 31/24
31/24 simplifies to 1 6/24
Which simplifies down to 1 1/6
Miles ran 1 and 1/6 miles