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attashe74 [19]
3 years ago
15

A home business has an average income of $900.00 per month with a standard deviation of $15.00. If the income in a given month i

s $930.00, what z-score corresponds to this value?
Mathematics
1 answer:
Llana [10]3 years ago
3 0
Answer = 2.00

Z score is a statistical that corresponds to the standardization of the regular score to a normal distribution

The formula for Z score is Z = [X - mean ]./ (standard deviation)

Here X = 930.00; mean = 900.00; and standard deviation = 15.00

Then, Z = [930.00 - 900.00] / 15.00 = 30.00 / 15.00 = 2.00

Therefore, your answer is 2.00

Hope I helped :)
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Answer:

Step-by-step explanation:

Part A

Mean = (2.2 + 2.4 + 2.5 + 2.5 + 2.6 + 2.7)/6 = 2.48

Standard deviation = √(summation(x - mean)²/n

n = 6

Summation(x - mean)² = (2.2 - 2.48)^2 + (2.4 - 2.48)^2 + (2.5 - 2.48)^2 + (2.5 - 2.48)^2 + (2.6 - 2.48)^2 + (2.7 - 2.48)^2 = 0.1484

Standard deviation = √(0.1484/6

s = 0.16

Standard error = s/√n = 0.16/√6 = 0.065

Part B

Confidence interval is written as sample mean ± margin of error

Margin of error = z × s/√n

Since sample size is small and population standard deviation is unknown, z for 98% confidence level would be the t score from the student t distribution table. Degree of freedom = n - 1 = 6 - 1 = 5

Therefore, z = 3.365

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Confidence interval is 2.48 ± 0.22

Part C

We would set up the hypothesis test. This is a test of a single population mean since we are dealing with mean

For the null hypothesis,

H0: µ = 2.3

For the alternative hypothesis,

H1: µ > 2.3

This is a right tailed test

Since the number of samples is small and no population standard deviation is given, the distribution is a student's t.

Since n = 6

Degrees of freedom, df = n - 1 = 6 - 1 = 5

t = (x - µ)/(s/√n)

Where

x = sample mean = 2.48

µ = population mean = 2.3

s = samples standard deviation = 0.16

t = (2.48 - 2.3)/(0.16/√6) = 2.76

We would determine the p value using the t test calculator. It becomes

p = 0.02

Assuming significance level, alpha = 0.05.

Since alpha, 0.05 > than the p value, 0.02, then we would reject the null hypothesis. Therefore, At a 5% level of significance, the sample data showed significant evidence that the mean absolute refractory period for all mice when subjected to the same treatment increased.

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3 years ago
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Answer:

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Step-by-step explanation:

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3 years ago
In a newspaper, it was reported that the number of yearly robberies in Springfield in 2012 was 200, and then went down by 26% in
lapo4ka [179]

Answer:148

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8 0
2 years ago
Two friends, Alejandro and Mia, agreed to split the check at a restaurant. Alejandro ordered $12 worth of food and Mia ordered $
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Cost of Alejandro's food = $12

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⇒ r% = 5.1 / 30

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Solve for z <br>w=x+y/z<br>please help<br>​
Nadusha1986 [10]

Answer:

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8 0
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