What is the y intercept of y=60(1+0.04)x^
1 answer:
You might be interested in
Answer:
z≈3.16
p≈0.001
we reject the null hypothesis and conclude that the student knows more than half of the answers and is not just guessing in 0.05 significance level.
Step-by-step explanation:
As a result of step 2, we can assume normal distribution for the null hypothesis
<em>step 3:</em>
z statistic is computed as follows:
z= where
- X is the proportion of correct answers in the test (
)
- M is the expected proportion of correct answers according to the null hypothesis (0.5)
- p is the probability of correct answer (0.5)
- N is the total number of questions in the test (40)
z= ≈ 3.16
And corresponding p value for the z-statistic is p≈0.001.
Since p<0.05, we reject the null hypothesis and conclude that the student knows more than half of the answers and is not just guessing in 0.05 significance level.