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1 year ago

The Fruit Juice Company sold 5,909,999,222 cans of juice last year. This

Mathematics

1 answer:

elixir [45]1 year ago

5 0

A) 2000000000

5,909,999,222-3,999,002,135= 1,910,997,087 which is closest to answer A

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The Insure.com website reports that the mean annual premium for automobile insurance in the United States was $1,503 in March 20

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Answer:

a) Option A)

$H_{0}: \mu \geq 1503\\H_A: \mu < 1503$

b) Point estimate of difference = -78

Step-by-step explanation:

We are given the following in the question:

Population mean, μ = $1,503

Sample mean, $\bar{x}$ = $1,425

Sample size, n = 25

Sample standard deviation, s = $160

We have to carry a hypothesis test that the mean annual premium in Pennsylvania is lower than the national mean annual premium.

a) First, we design the null and the alternate hypothesis

$H_{0}: \mu \geq 1503\text{ dollars}\\H_A: \mu < 1503\text{ dollars}$

b) Point estimate of the difference between the mean annual premium in Pennsylvania and the national mean

Point estimate of difference =

Mean annual premium in Pennsylvania - National mean

$\text{Point estimate} = \bar{x} - \mu = 1425 - 1503 = -78$

Thus,

Point estimate of difference = -78

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