A cell phone service provider has selected a random sample of 20 of its customers in an effort to estimate the mean number of mi
1 answer:
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First define the variables:
c = amount of children
a = amount of adults
Next create the equations to satisfy the conditions:
1) Total group is 12 people:
2) Total cost is $100 with adults costing $10 and children being $6:
Complete Question
Pennsylvania Refining Company is studying the relationship between the pump price of gasoline and the number of gallons sold. For a sample of 14 stations last Tuesday, the correlation was 0.65.At the 0.01 significance level Can the company conclude that the correlation is positive
Answer:
Yes the company conclude that the correlation is positive
Step-by-step explanation:
From the question we are told that
The sample size is n = 14
The correlation is r = 0.65
The null hypothesis is
The alternative hypothesis is
Generally the standard deviation is mathematically evaluated as
The degree of freedom for the one-tail test is
The standard error is evaluated as
The test statistics is evaluated as
The p-value of of t is obtained from the z table, the value is
Given that then we reject the null hypothesis
Hence the company can conclude that the correlation is positive