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Art [367]
3 years ago
7

In March 2007, Business Week reported that at the top 50 business schools, students studied an average of 14.6 hours. You wonder

whether the amount UMSL students study is different from this 14.6 hour benchmark. Set up the hypotheses used in this situation.
Mathematics
1 answer:
Rasek [7]3 years ago
5 0

Answer:

The hypotheses used in this situation

H_0:\mu = 14.6

H_a:\mu \neq 14.6

Step-by-step explanation:

We are given that  Business Week reported that at the top 50 business schools, students studied an average of 14.6 hours.

Mean = \mu = 14.6

Claim : The amount UMSL students study is different from this 14.6 hour benchmark.

The hypotheses used in this situation

H_0:\mu = 14.6

H_a:\mu \neq 14.6

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A new car sells for $27,500. The value of the car decreases by 14% annually. You want to sell the car when it's worth about $400
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