Answer:
We accept the null hypothesis and reject the alternate hypothesis. There is no evidence to conclude that the population mean is greater than 29. The population mean is less than or equal to 29.
Step-by-step explanation:
We are given the following in the question:
Population mean, μ = 29
Sample mean,
= 30
Sample size, n = 47
Alpha, α = 0.05
Population standard deviation, σ = 5
First, we design the null and the alternate hypothesis
a) This is a one-tailed test because the alternate hypothesis is in greater than direction.
We use One-tailed z test to perform this hypothesis.
b)
, we reject the null hypothesis and accept the alternate hypothesis and if
, we accept the null hypothesis and reject the alternate hypothesis.
c) Formula:
Putting all the values, we have
d) Now,
Since,
We accept the null hypothesis and reject the alternate hypothesis. There is no evidence to conclude that the population mean is greater than 29. The population mean is less than or equal to 29.
e) P-value is 0.0853
On the basis of p value we again accept the null hypothesis.
Answer:
Step-by-step explanation:
You're welcome :)
Answer:
The value of each share decreased by $8.
Step-by-step explanation:
Number of shares of a certain stock Linda owned = 4
Total value of shares went down by = $32
So find the change in value of each share.
Solution:
Let the total value of each share in dollars be = 
Value of 4 shares in dollars will be = 
The total value of shares went down by $32
So, new value of 4 shares = 
New value of each share = 
⇒ 
Splitting the denominators.
⇒ 
⇒ 
Original value of each share in dollars was = 
New value of each share in dollars = 
Thus, we can see that the value of each share decreased by $8.
Answer:
The coordinates of B will be (3,-4).
Step-by-step explanation:
If a point on the coordinate plane reflects across the y-axis then its y-coordinate will not alter but the x-coordinate will change by its sign only.
Now, if B'(-3,-4) is the image of B after a reflection in the y-axis then we can say B is the image point when the original point is B'(-3,-4) after reflection in the y-axis.
Therefore, the coordinates of B will be (3,-4). (Answer)