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Shtirlitz [24]
3 years ago
7

A statistician wishing to test a hypothesis that students score at least 75% on the final exam in an introductory statistics cou

rse decides to randomly select 20 students in the class and have them take the exam early. The average score of the students on the exam was 78%. The hypothesis the statistician wants to test is_________.
a) H0: μ = 75 vs. Ha: μ > 78
b) H0: μ = 75 vs. Ha: μ < 75
c) H0: μ = 75 vs. Ha: μ = 78
d) H0: μ = 75 vs. Ha: μ > 75
Mathematics
1 answer:
Sergio039 [100]3 years ago
8 0

Answer:

The hypothesis the statistician wants to test is H_0 : \mu = 75 vs H_a : \mu > 75.

Step-by-step explanation:

We are given that a statistician wishing to test a hypothesis that students score at least 75% on the final exam in an introductory statistics course decides to randomly select 20 students in the class and have them take the exam early. The average score of the students on the exam was 78%.

Firstly, as we know that testing is always done on the population data.

<em>So, let </em>\mu<em> = average students score on the final exam in an introductory statistics course</em>

The hypothesis situation that the statistician wants to test is given by;

Null Hypothesis, H_0 : \mu = 75  {means that the average students score on the final exam in an introductory statistics course is equal to 75%}

Alternate Hypothesis, H_a : \mu > 75  {means that the average students score on the final exam in an introductory statistics course is greater than 75%}

So, from the options given to us, the appropriate option is ;

Option (d) : H_0 : \mu = 75 vs H_a : \mu > 75

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Step-by-step explanation:

Given

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Required

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The coefficient of variation is calculated using:

CV = \frac{\sqrt{\sigma^2}}{\mu}

After the tax, the new mean is:

\mu_{new} = \mu * (1 + tax)

\mu_{new} = 1000 * (1 + 10\%)

\mu_{new} = 1100

And the new variance is:

\sigma^2_{new} = \sigma^2 * (1 + tax)

\sigma^2_{new} = 1200 * (1 + 10\%)

\sigma^2_{new} = 1320

So, we have:

CV = \frac{\sqrt{\sigma^2}}{\mu}

CV = \frac{\sqrt{1320}}{1100}

CV = \frac{36.33}{1100}

CV = 0.033

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The amount of money that Jacinta pays to service the whole loan as interest is <u>sh. 5,899</u>.

<h3>What is interest?</h3>

Interest is the finance charge that a borrowers incurs to service a loan.

Interest is based on the outstanding balance at the end of the payment period.

<h3>Data and Calculations:</h3>

Principal loan = sh. 100,000

Interest on outstanding balance = 1%

Monthly payment of principal and interest = sh. 10,000

Period of repayment = Monthly

<h3>Amortization Schedule:</h3>

                      Beginning     Interest   Payment   Ending Balance

1st month    sh. 100,000    sh. 1,000    sh. 10,000    sh. 91,000

2nd month    sh. 91,000       sh. 910    sh. 10,000     sh. 81,910

3rd month      sh. 81,910        sh.819    sh. 10,000    sh. 72,729

4th month    sh. 72,729       sh. 727    sh. 10,000    sh. 63,456

5th month   sh. 63,456       sh. 636    sh. 10,000    sh. 54,092

6th month   sh. 54,092       sh. 541     sh. 10,000    sh. 44,633

7th month   sh. 44,633       sh. 446    sh. 10,000    sh. 35,079

8th month  sh. 35,079        sh. 351     sh. 10,000    sh. 25,430

9th month  sh. 25,430       sh. 254     sh. 10,000    sh. 15,684

10th month sh. 15,684        sh. 157     sh. 10,000      sh. 5,841

11th month    sh. 5,841         sh. 58      sh. 5,899       sh. 0

Total interest paid =       sh. 5,899

Thus, based on the payment schedule above, the amount of money that Jacinta pays to service the whole loan as interest is <u>sh. 5,899</u>.

Learn more about loan interests at brainly.com/question/24576997

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