first invert fraction of the slope from 4/1 to 1/4 and switch sign. then figure out the y-intercept
the algebraic approach would work like this:
-4x + 10 = 1/4x + b
plug in what you got, here: the intersection information
-4*(4) + 10 = 1/4*(4) + b
-16 + 10 = 1 + b
-6 = 1 + b
-7 = b
Answer:
there is insufficient evidence to support the claim that more than 10% of the employees are paid minimum wage.
Step-by-step explanation:
Given that:
A marketing organization claims that more than 10% of its employees are paid minimum wage.
The null hypothesis is:
The alternative hypothesis is:
If a hypothesis test is performed that fails to reject the null hypothesis, how would this decision be interpreted
i.e Decision Rule: fails to reject the null hypothesis
Then the interpretation of the decision is that, there is insufficient evidence to support the claim that more than 10% of the employees are paid minimum wage.