Joshua is traveling in to Europe and needs to exchange some of his money. $1 is worth .85 euros. Find how much Joshua will get with $40.
Answer:
Correct option:
(B) <em>H₀</em>: <em>μ</em> = 2.40 vs. <em>Hₐ</em>: <em>μ</em> ≠ 2.40.
Step-by-step explanation:
The registrar of particular university in 1975 plans to look at records of students graduating last year to see if the mean GPA has changed from 2.40.
The registrar can use a single mean test to determine whether the mean has changed or not.
The hypothesis can be described as:
<em>H₀</em>: The mean GPA is 2.40, i.e. <em>μ</em> = 2.40.
<em>Hₐ</em>: The mean GPA is different from 2.40, i.e. <em>μ</em> ≠ 2.40.
To perform the test the registrar can either use a <em>z</em>-distribution or a <em>t</em>-distribution.
If the data provided gives some insight about the population standard deviation and the sample selected is quite large then the <em>z</em>-distribution can be used.
Otherwise it is wiser to use a <em>t</em>-distribution.
The decision rule is:
If the <em>p</em>-value of the test is less than the significance level then the null hypothesis will be rejected and vice-versa.
Thus, the correct option is (B).
I’m lost cuz there ain’t no problem? Lol
The median is the middle number when the numbers are put in ascending order (lowest to highest)
1, 2, 3, 4, 4, 7
The middle numbers are 3 and 4. The number between 3 and 4 is thus the median - this number is 3.5
