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borishaifa [10]
3 years ago
8

A _______ is a group of people who agree to save their money together and to make loans to each other at a relatively low rate o

f interest.        A. credit union   B. mutual fund   C. investment firm   D. commercial bank
Mathematics
2 answers:
Law Incorporation [45]3 years ago
7 0
A Credit union is a group of people who agree to save their money together and to make loans to each other at a relatively low rate of interest. <span />
Virty [35]3 years ago
5 0
Pretty sure its A! That's pretty much the definition of a credit union on google :)
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Answer:

(A)  H_0 : μ = 22 ; H_A : μ ≠ 22

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Step-by-step explanation:

We are given that a local bottler in Hawaii wishes to ensure that an average of 22 ounces of passion fruit juice is used to fill each bottle. He takes a random sample of 65 bottles. The mean weight of the passion fruit juice in the sample is 21.54 ounces. Assume that the population standard deviation is 1.38 ounce.

We have to test the accuracy of the bottling process.

(A) Let, NULL HYPOTHESIS, H_0 : \mu = 22 ounces  {means that an average of 22 ounces of passion fruit juice is used to fill each bottle}

ALTERNATE HYPOTHESIS, H_A : \mu \neq 22 ounces  {means that an average of 22 ounces of passion fruit juice is used to fill each bottle}

The test statistics that will be used here is One-sample z-test;

             T.S. = \frac{\bar X - \mu}{\frac{\sigma}{\sqrt{n} } } ~ N(0,1)

where, \bar X = sample mean weight of the passion fruit juice = 21.54 ounces

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            n = sample of bottles = 65

(B) So, <u>test statistics</u> =  \frac{21.54-22}{\frac{1.38}{\sqrt{65} } }

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Hence, the value of test statistics is -2.69.

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