1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Wewaii [24]
3 years ago
5

A few years​ ago, a census bureau reported that​ 67.4% of American families owned their homes. Census data reveal that the owner

ship rate in one small city is much lower. The city council is debating a plan to offer tax breaks to​ first-time home buyers in order to encourage people to become homeowners. They decide to adopt the plan on a​ 2-year trial basis and use the data they collect to make a decision about continuing the tax breaks. Since this plan costs the city tax​ revenues, they will continue to use it only if there is strong evidence that the rate of home ownership is increasing.
In words, what will their hypotheses be?
Mathematics
2 answers:
STatiana [176]3 years ago
4 0

Answer:

The hypothesis can be defined as follows:

H₀: The rate of home ownership is 67.4%, i.e. p = 0.674.

Hₐ: The rate of home ownership is more than 67.4%, i.e. p > 0.674.

Step-by-step explanation:

In this case we need to determine whether the city should continue with plan of offering tax breaks to first-time home buyers in order to encourage people to become homeowners.  

It is provided that, a few years ago, a census bureau reported that 67.4% of American families owned their homes.  

But the Census data reveal that the ownership rate in one small city is much lower.

So, to improvise this the city council wants to offer tax breaks to first-time home buyers in order to encourage people to become homeowners.  

They decide to adopt the plan on a 2-year trial basis and use the data they collect to make a decision about continuing the tax breaks.

To determine whether the city council should continue with the plan or not, the hypothesis can be defined as follows:

H₀: The rate of home ownership is 67.4%, i.e. p = 0.674.

Hₐ: The rate of home ownership is more than 67.4%, i.e. p > 0.674.

nalin [4]3 years ago
4 0

Answer:

Null Hypothesis, H_0 : p = 67.4%

Alternate Hypothesis, H_A : p > 67.4%

Step-by-step explanation:

We are given that a few years​ ago, a census bureau reported that​ 67.4% of American families owned their homes. Census data reveal that the ownership rate in one small city is much lower.

They decide to adopt the plan on a​ 2-year trial basis and use the data they collect to make a decision about continuing the tax breaks.

<em>Let p = </em><u><em>percentage of American families owned their homes or the rate of home ownership</em></u>

So, Null Hypothesis, H_0 : p = 67.4%

Alternate Hypothesis, H_A : p > 67.4%

Here, <u>null hypothesis states that</u> the rate of home ownership remains the same after 2-year trial basis.

On the other hand, <u>alternate hypothesis states that</u> the rate of home ownership is increasing after 2-year trial basis.

Hence, this would be the appropriate hypothesis.

You might be interested in
I don't know how to do question 12(b)
Virty [35]
Amy: x skirts Betty: 2x skirts Carol: (2x) + 7 skirts If Amy has 18 less than Carol, than Carol's equation minus 18 equals Amy's equation: [(2x) + 7] - 18 = x +18 +18 (2x) + 7 = x + 18 - 7 -7 2x = x + 11 -x -x x = 11 Input the solution for x into the girls equation to double check. Amy: 11 Betty: 2(x) 2(11) =22 Carol: (2x) + 7 22 + 7 =29 Does Amy have 18 less than Carol? Carol - Amy = 18 29 - 11 = 18 18 = 18 the problem is solved
5 0
3 years ago
Which number is greater 30% or 0.03?
Y_Kistochka [10]
30% because as a decimal it would be written as .30 and that is greater then .03 
4 0
3 years ago
Tomio, age 28, takes out $50,000 of straight-life insurance. His annual premium is $418.20. Using the tables found in the textbo
olya-2409 [2.1K]
<span>Tomio, age 28, takes out $50,000 of straight-life insurance. His annual premium is $418.20. Using the tables found in the textbook, determine the cash value of his policy at the end of 20 years. 

A. $26,500
B. $30,000
C. $13,250
D. $26,000

</span>50,000/1,000 = 50 
 265*50 = $13,250

So the cash value of this policy is $13,250
<span>
The correct answer is:
</span><span>C. $13,250</span>
6 0
3 years ago
Read 2 more answers
Type the correct answer in the box. Use numerals instead of words.
Mandarinka [93]

Answer:

34

Step-by-step explanation:

We are here given a modulus expression and we need to find out the value when m = -5 and n = 3 .

<u>Modulus</u><u> </u><u>:</u><u>-</u> It always gives positive value . For example ,

\rm\implies |-a| = a

\rm\implies |a| = a

<u>The </u><u>given</u><u> </u><u>modulus </u><u>expression</u><u> is</u><u> </u><u>:</u><u>-</u><u> </u>

\rm\implies |m^2+ n^2|

As the number inside the modulus operator are already squared therefore they will always give positive value for real numbers . Here we can omit the modulus .

\rm\implies m^2 + n^2

Plug in the given values ,

\rm\implies (-5)^2 + 3^2

Solve 5² and 3² and add them ,

\rm\implies 25 + 9

On adding ,

\rm\implies 34

Therefore ,

\rm\implies \boxed{\blue{\rm |m^2+n^2| = 34 }}

<u>Hence</u><u> the</u><u> </u><u>required</u><u> answer</u><u> is</u><u> </u><u>34</u><u> </u><u>.</u>

8 0
2 years ago
If 8 measures 119 what is the sum 1 and 4
kompoz [17]
7l5     3l1
8l6     4l2
 Parallel 

8 0
3 years ago
Other questions:
  • The shadow of a statue is 200 ft long while the shadow of a student is 4 ft long if the student is 6 ft tall how tall is the sta
    12·1 answer
  • A circle has a radius of 12cm. What is the area of that circle? Round to the nearest tenth. ( A = nr withe the 2 on top of the r
    13·1 answer
  • Using the given points, determine the slope. (5,-6)and(2,15)
    8·1 answer
  • Jane buys a $25.00 flower bouquet from a florist. if the sale taxes rate is 8.75% what is the total cost of the bouquet? ​
    12·1 answer
  • The product of 12 and 3
    10·2 answers
  • How do u graph x&gt;-6 on a line graph?
    6·2 answers
  • Yea I kinda forgot this so can yall like help me :]
    6·1 answer
  • Vanya collects vintage albums. Each storage unit holds 16 albums. She gave 3 albums to her cousin as a graduation present. Which
    10·1 answer
  • By visual inspection, determine the best-fitting regression model for the
    15·1 answer
  • A flagpole is at the top of a building. 300 feet from the base of the building, the angle of elevation of the top of the pole is
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!