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eimsori [14]
3 years ago
6

Two companies report a 15% gain in online sales over the last year. Suppose company Q had 25 online sales and company Z had 150

online sales last year. Do you believe their growth was the same? Justify your answer. ​
Mathematics
1 answer:
blsea [12.9K]3 years ago
8 0

Answer:

Yes, it is possible.

Step-by-step explanation:

It is possible to have same profit rate.

The number of sales may demonstrate that the company Q with 25 online sales is smaller than the company Z with 150 online sales.

Or the company Q may have higher profit rate on individual sales than company Z.

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Answer:

The degrees of freedom are given by:

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The significance level is \alpha=0.05 and then the critical value can be founded in th chi square table we need a quantile that accumulates 0.05 of the area in the right tail of the distribution and for this case is:

\chi^2_{\alpha}= 22.362

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Step-by-step explanation:

We have the followign system of hypothesis:

Null hypothesis: \sigma^2 \leq 3.5

Alternative hypothesis: \sigma^2 >3.5

The degrees of freedom are given by:

df = n-1=14-1=13

The significance level is \alpha=0.05 and then the critical value can be founded in th chi square table we need a quantile that accumulates 0.05 of the area in the right tail of the distribution and for this case is:

\chi^2_{\alpha}= 22.362

And if the chi square statistic is higher than the critical value we can reject the null hypothesis in favor of the alternative.

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Step-by-step explanation:

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