£7200
In first year depreciates by 20%, that is it is worth 80% of it's original value
80% = = 0.8
value after 1 year = 0.8 × £10000 = £8000
In the second year it depreciates by 10% of it's value, that is it is worth 90% of it's value at the end of the first year.
90% = = 0.9
value after 2 years = 0.9 × £8000 = £7200
Answer:
The decision rule for rejecting the null hypothesis is
Step-by-step explanation:
A manufacturer of potato chips would like to know whether its bag filling machine works correctly at the 410 gram setting. It is believed that the machine is underfilling the bags.
At the null hypothesis, we test if the mean weight of the bag is the desired value of 410, that is:
At the alternate hypothesis, we test if the bag is underfilled, that is, the mean weight is below the desired value, so:
Type of test:
As we test if the mean is less than a value, we have a left-tailed test.
We have the standard deviation for the sample, which means that the t-distribution is used.
We have 22 - 1 = 21 degrees of freedom, with a level of significance of 0.05.
Using a calculator, the critical value is
Determine the decision rule for rejecting the null hypothesis.
We reject the null hypothesis if the test statistic is less than the critical value, so the decision rule for rejecting the null hypothesis is