If denied a loan, which of the following changes to your application process will not increase your chances of approval when you
2 answers:
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Answer:
1) For this case we want to check if the population deviation is less than 15( alternative hypothesis) and the system of hypothesis are:
H0:
H1:
B. H0:σ≥15, H1:σ<15
2) For this case we want to check if the population mean is at most 70000 (alternative hypothesis) and the system of hypothesis are:
H0:
H1:
C. H0:µ≥70,000, H1:µ<70,000
3) For this case we want to check if the population proportion of all internet users that make online purchases is higher than 0.5 (alternative hypothesis) and the system of hypothesis are:
H0:
H1:
D. H0:p≤0.5, H1:p>0.5
Step-by-step explanation:
Previous concepts
A hypothesis is defined as "a speculation or theory based on insufficient evidence that lends itself to further testing and experimentation. With further testing, a hypothesis can usually be proven true or false".
The null hypothesis is defined as "a hypothesis that says there is no statistical significance between the two variables in the hypothesis. It is the hypothesis that the researcher is trying to disprove".
The alternative hypothesis is "just the inverse, or opposite, of the null hypothesis. It is the hypothesis that researcher is trying to prove".
Solution to the problem
1) For this case we want to check if the population deviation is less than 15( alternative hypothesis) and the system of hypothesis are:
H0:
H1:
B. H0:σ≥15, H1:σ<15
2) For this case we want to check if the population mean is at most 70000 (alternative hypothesis) and the system of hypothesis are:
H0:
H1:
C. H0:µ≥70,000, H1:µ<70,000
3) For this case we want to check if the population proportion of all internet users that make online purchases is higher than 0.5 (alternative hypothesis) and the system of hypothesis are:
H0:
H1:
D. H0:p≤0.5, H1:p>0.5
Step-by-step explanation:
Given the table:
Month f(x) = Number of imports g(x) = Number of exports
January (1) 3 1
February (2) 4 3
March (3) 5 5
April (4) 6 7
From the table, it is clear that:
Number of imports = number of month + 2
so
also
Number of exports = 2(number of month) + 1
so
Therefore, number of imports equals the number of month plus one. i.e. , which is a linear function.
If we compare it with slope-intercept form of the line
Then,
slope = m = 1
y-intercept = 2
Also number of exports equals is also a linear function.
i.e.
Here,
slope = m = 2
y-intercept = -1