a rare coin was bought for $30.00 2 years ago.It is now worth $75.00 . What is the percent increase in worth?
1 answer:
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Answer:
The data provide sufficient evidence that older people are more likely to be victimized.
Step-by-step explanation:
H 0 : P = 0.10
H 1 : P > 0.10 (Right tailed test)
n = 527, P = 0.1235
The test statistics
x = P - p /
x = 0.1235 - 0.10 /
x = 0.0235 /
x = 0.0235 /
x = 0.0235 / 0.0130682049264618
x = 1.798257689731729
x = 1.798
P value = [1 - p(Z > 1.7980] (Right tailed test)
P value = 0.036089
The P - Value is very small, so <u>reject H0</u>
Conclusion: The data provide sufficient evidence that older people are more likely to be victimized.