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3 years ago

(-3,0);slope=2/3 slope intercept form

1 answer:

4 0

Y = mx + b, m = slope and b = y-intercept

Because you don't have the y-intercept, you take the equation and replace x and y with the values given, then solve for b and replace b in the original equation with the value found.

y = 2/3x + b
0 = (2/3)(-3) + b
0 = -2 + b
2 = b

y = 2/3x + 2 is the answer

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Answer:

a) Null hypothesis: $\mu \leq 120$

Alternative hypothesis: $\mu > 120$

b) $t=\frac{130-120}{\frac{40}{\sqrt{80}}}=2.236$

The degrees of freedom are given by:

$df = n-1 = 80-1=79$

The p value for this case taking in count the alternative hypothesis would be:

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Step-by-step explanation:

Information given

$\bar X=130$ represent the sample mean for the amount spent each shopper

$s=40$ represent the sample standard deviation

$n=80$ sample size

$\mu_o =120$ represent the value to verify

t would represent the statistic

$p_v$ represent the p value f

Part a

We want to verify if the shoppers participating in the loyalty program spent more on average than typical shoppers, the system of hypothesis would be:

Null hypothesis: $\mu \leq 120$

Alternative hypothesis: $\mu > 120$

The statistic for this case would be given by:

$t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}}$ (1)

Replacing the info given we got:

$t=\frac{130-120}{\frac{40}{\sqrt{80}}}=2.236$

The degrees of freedom are given by:

$df = n-1 = 80-1=79$

The p value for this case taking in count the alternative hypothesis would be:

$p_v =P(t_{79}>2.236)=0.0141$

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