Answer:
Option a) Type I error would occur if we reject null hypothesis and conclude that the average amount is greater than $3,200 when in fact the average amount is $3,200 or less.
Step-by-step explanation:
We are given the following information in the question:

where μ is the average amount of money in a savings account for a person aged 30 to 40.
Type I error:
- Type I error is also known as a “false positive” and is the error of rejecting a null hypothesis when it is actually true.
- In other words, this is the error of accepting an alternative hypothesis when the results can be attributed by null hypothesis.
- A type I error occurs during the hypothesis testing process when a null hypothesis is rejected, even though it is correct and should not be rejected.
Thus, in the above hypothesis type error will occur when we reject the null hypothesis even when it is true.
Option a) Type I error would occur if we reject null hypothesis and conclude that the average amount is greater than $3,200 when in fact the average amount is $3,200 or less.
Answer is 2
Substitute each number into equation
4x = 8
4 (1) = 8. No
4 (2) = 8. Yes
4 (3) = 8. No
4 (4) = 8. No
Answer:
H0: mu = 5
Ha: mu > 5
Step-by-step explanation:
A null hypothesis is a statement from a population parameter which is either rejected or accepted (fail to reject) upon testing.
It is expressed using the equality sign.
An alternate hypothesis is also a statement from a population parameter which negates the null hypothesis and is accepted if the null hypothesis is rejected.
It is expressed using any of the inequality signs.
The answer is 0.02
We rounded the 1 up to a 2 because it was followed by a 5. If it were followed by something smaller than 5, it would have remained the same.
Answer:
Step-by-step explanation:
to answer question 2. you would need to simplify each fraction (A/B). On the table you made in question one the first fraction is 6/2 ll you need to do is simplify the fraction by 2.