The graph of the function B is shown below. If B(x) = -1, then what is x?
1 answer:
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SOLUTION:
Case: Hypothesis testing
Step 1: Null and Alternative hypotheses
Step 2: T-test analysis
Step 3: t-test with the significance level
Step 4: Comparing
So tail to reject the null hypothesis. There is enough evidence at a 0.05 level of significance to claim that the mean spent is greater than P127.50.
Final answer:
Yes, there is evidence sufficient to conclude that the mean amount spent is greater than P127.50 per month at a 0.05 level of significance.
Answer:
C.I. = (2.297, 11.703)
Step-by-step explanation:
The t-statistic for difference of mean is given by,
Here, = 84
= 7
s₁ = 4
n₁ = 12
s₂ = 6
n₂ = 18
Substituting all value in formula,
We get, t = -3.541 at 28 degree of freedom.
Using this formula, we get, t = 1.5342
Therefore, based on the data provided, the 99% confidence interval for the difference between the population means is: 2.297 <
< 11.703
which indicates that we are 99% confident that the true difference between population means is contained by the interval (2.297, 11.703)