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il63 [147K]
3 years ago
12

A sample of 20 account balances of a credit company showed an average balance of $1,170 and a standard deviation of $125. You wa

nt to determine if the mean of all account balances is significantly greater than $1,150. Assume the population of account balances is normally distributed.Compute the p-value for this test.
Mathematics
1 answer:
Lady_Fox [76]3 years ago
8 0

Answer:

The P-value for this test is P=0.2415.

Step-by-step explanation:

We have to perform an hypothesis testing on the mean of alla account balances.

The claim is that the mean of all account balances is significantly greater than $1,150.

Then, the null and alternative hypothesis are:

H_0: \mu=1150\\\\H_a: \mu>1150

The sample size is n=20, with a sample mean is 110 and standard deviation is 125.

We can calculate the t-statistic as:

t=\dfrac{\bar x-\mu}{s/\sqrt{n}}=\dfrac{1170-1150}{125/\sqrt{20}}=\dfrac{20}{27.95}=0.7156

The degrees of freedom fot this test are:

df=n-1=20-1=19

For this one-tailed test and 19 degrees of freedom, the P-value is:

P-value=P(t>0.7156)=0.2415

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3 0
3 years ago
Solve this quadratic equation using the quadratic formula. 5 - 10x - 3x2 = 0
horsena [70]

Answer:

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Step-by-step explanation:

5 − 10x − 3x² = 0

Write in standard form:

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x = [ -b ± √(b² − 4ac) ] / 2a

x = [ -(-10) ± √((-10)² − 4(-3)(5)) ] / 2(-3)

x = [ 10 ± √(100 + 60) ] / -6

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4 0
3 years ago
Read 2 more answers
What theorem shows that TPN ≅ TQM?
melisa1 [442]

Note: Consider the side of first triangle is TQ instead of TA.

Given:

Triangles TQM and TPN which share vertex T.

TQ\cong TP,TM\cong TN

To find:

The theorem which shows that \Delta TPN\cong TQM.

Solution:

In triangle TQM and TPN,

TQ\cong TP        [Given]

\angle QTM\cong \angle PTN         [Given]

TM\cong TN        [Given]

Since two sides and their including angle are congruent in both triangles, therefore both triangles are congruent by SAS postulate.

\Delta TPN\cong TQM              [SAS]

Therefore, the correct option is C.

5 0
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Naddik [55]

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