Stephanie is running a 5K race. She wants to keep track of her time and her distance throughout the race. Identify the independe
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If she works 40 hours or less then she earns 20x dollars.
If she works more than 40 hours, then she earns 20×40 dollars for the first 40 hours and 30×(x-40) dollars for <span>every hour over 40 hours. The number of hours over 40 hours is x-40.</span>
If she works more than 40 hours, then she earns 20×40 dollars for the first 40 hours and 30×(x-40) dollars for <span>every hour over 40 hours. The number of hours over 40 hours is x-40.</span>
Answer: The proportion of new car buyers that trade in their old car has statistically significantly decreased.
Step-by-step explanation:
Since we have given that
p = 48% = 0.48
n = 115
x = 46
So,
So, hypothesis would be
So, test value would be
At 10% level of significance, critical value would be
z= 1.28
Since 1.28 < 1.72
So, we will reject the null hypothesis.
Hence, the proportion of new car buyers that trade in their old car has statistically significantly decreased.