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Well... we know that... there are 365 days in a year, unless is a leap-year, but we'll use 365 anyway
and each day has 24hrs, each hr has 60 minutes
so. let us use those ratios
so.. multiply and simplify, cancelling out any like-units atop and bottom
notice, all we do, is use the ratios, in a way, that if we need one unit to be changed, we flip the ratio
for example, to toss away "year" unit, since in the first fraction is at the bottom, then we put it on the top on the ratio, year/year = 1, effectively cancelling the unit
and each day has 24hrs, each hr has 60 minutes
so. let us use those ratios
so.. multiply and simplify, cancelling out any like-units atop and bottom
notice, all we do, is use the ratios, in a way, that if we need one unit to be changed, we flip the ratio
for example, to toss away "year" unit, since in the first fraction is at the bottom, then we put it on the top on the ratio, year/year = 1, effectively cancelling the unit
Answer:
a) Null hypothesis:
Alternative hypothesis:
b)
The degrees of freedom are given by:
The p value for this case taking in count the alternative hypothesis would be:
Step-by-step explanation:
Information given
represent the sample mean for the amount spent each shopper
represent the sample standard deviation
sample size
represent the value to verify
t would represent the statistic
represent the p value f
Part a
We want to verify if the shoppers participating in the loyalty program spent more on average than typical shoppers, the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
The statistic for this case would be given by:
(1)
Replacing the info given we got:
The degrees of freedom are given by:
The p value for this case taking in count the alternative hypothesis would be:
