An art class is planning to paint a rectangular mural with an area of 60 square feet. It has to be at least 4 feet high but no m
1 answer:
You might be interested in
Given Information:
Mean weekly salary = μ = $490
Standard deviation of weekly salary = σ = $45
Required Information:
P(X > $525) = ?
Answer:
P(X > $525) = 21.77%
Step-by-step explanation:
We want to find out the probability that a randomly selected teacher earns more than $525 a week.
The z-score corresponding to 0.78 from the z-table is 0.7823
Therefore, there is 21.77% probability that a randomly selected teacher earns more than $525 a week.
How to use z-table?
Step 1:
In the z-table, find the two-digit number on the left side corresponding to your z-score. (e.g 0.7, 2.2, 1.5 etc.)
Step 2:
Then look up at the top of z-table to find the remaining decimal point in the range of 0.00 to 0.09. (e.g. if you are looking for 0.78 then go for 0.08 column)
Step 3:
Finally, find the corresponding probability from the z-table at the intersection of step 1 and step 2.
<h2>Answer with explanation:</h2>
Let be the population mean lifetime of circulated $1 bills.
By considering the given information , we have :-
Since the alternative hypotheses is two tailed so the test is a two tailed test.
We assume that the lifetime of circulated $1 bills is normally distributed.
Given : Sample size : n=50 , which is greater than 30 .
It means the sample is large so we use z-test.
Sample mean :
Standard deviation :
Test statistic for population mean :-
The p-value=
Since the p-value (0.0433834) is greater than the significance level (0.02) , so we do not reject the null hypothesis.
Hence, we conclude that we do not have enough evidence to support the alternative hypothesis that the average lifetime of a circulated $1 bill differs from 18 months.