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seropon [69]
4 years ago
9

What do I do that will help me remember what I should do for problems like this

Mathematics
1 answer:
Fantom [35]4 years ago
5 0
The question asks just for the interest so i think we just multiply the $8 by 12months
Which will give us 96
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If the equation of a line is y= - 2/3 x - 2 at what.point on the graph would I find the y- intercept
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survey on televisions requiring repairs within four years was conducted. Nineteen out of 200 televisions from company A and 25 o
Fudgin [204]

Answer:

z=\frac{0.095-0.125}{\sqrt{0.11(1-0.11)(\frac{1}{200}+\frac{1}{200})}}=-0.959    

p_v =P(Z    

Comparing the p value with the significance level assumed\alpha=0.05 we see that p_v>\alpha so we can conclude that we have enough evidence to to FAIL to reject the null hypothesis, and we can't conclude that company A are more reliable than televisions from company B at 5% of significance.

Step-by-step explanation:

Data given and notation    

X_{1}=19 represent the number of tvs who need a repair for A

X_{2}=25 represent the number of tvs who need a repair for B

n_{1}=200 sample 1 selected  

n_{2}=200 sample 2 selected  

p_{1}=\frac{19}{200}=0.095 represent the proportion estimated for the sample A  

p_{2}=\frac{25}{200}=0.125 represent the proportion estimated for the sample B

\hat p represent the pooled estimate of p

z would represent the statistic (variable of interest)    

p_v represent the value for the test (variable of interest)  

\alpha=0.05 significance level given  

Concepts and formulas to use    

We need to conduct a hypothesis in order to check if company A are more reliable than televisions from company B (that means p1<p2) , the system of hypothesis would be:    

Null hypothesis:p_{1} \geq p_{2}    

Alternative hypothesis:p_{1} < p_{2}    

We need to apply a z test to compare proportions, and the statistic is given by:    

z=\frac{p_{1}-p_{2}}{\sqrt{\hat p (1-\hat p)(\frac{1}{n_{1}}+\frac{1}{n_{2}})}}   (1)  

Where \hat p=\frac{X_{1}+X_{2}}{n_{1}+n_{2}}=\frac{19+25}{200+200}=0.11  

z-test: Is used to compare group means. Is one of the most common tests and is used to determine whether the means of two groups are equal to each other.    

Calculate the statistic  

Replacing in formula (1) the values obtained we got this:    

z=\frac{0.095-0.125}{\sqrt{0.11(1-0.11)(\frac{1}{200}+\frac{1}{200})}}=-0.959    

Statistical decision  

Since is a left sided test the p value would be:    

p_v =P(Z    

Comparing the p value with the significance level assumed\alpha=0.05 we see that p_v>\alpha so we can conclude that we have enough evidence to to FAIL to reject the null hypothesis, and we can't conclude that company A are more reliable than televisions from company B at 5% of significance.    

4 0
3 years ago
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