What is the Lcm of 2 and 7
1 answer:
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The function that models the profit of the company in million of dollars is:
where x represents the number of years since the company started. We want to find when the profit of the company was $4 million. Setting P as 4 in above equation, we can find the value of x when the profit was $4 million.
Thus, we can conclude that the profit of the company was $4 million in 2nd and 4th year
where x represents the number of years since the company started. We want to find when the profit of the company was $4 million. Setting P as 4 in above equation, we can find the value of x when the profit was $4 million.
Thus, we can conclude that the profit of the company was $4 million in 2nd and 4th year
Answer:
The degrees of freedom are:
And the p value would be:
Since we have a p value lower than the significance level given of 0.05 we can reject the null hypothesis and we can conclude that the true mean for car rental rates in Boston are significantly higher than those in Dallas
Step-by-step explanation:
Data given
represent the sample size for group Boston
represent the sample size for group Dallas
represent the sample mean for the group Boston
represent the sample mean for the group Dallas
represent the sample standard deviation for group Boston
represent the sample standard deviation for group Dallas
We can assume that we have independent samples from two normal distributions with equal variances and that is:
Let the subindex 1 for Boston and 2 for Dallas we want to check the following hypothesis:
Null hypothesis:
Alternative hypothesis:
The statistic is given by this formula:
Where t follows a t student distribution with degrees of freedom and the pooled variance
is given by this formula:
Replacing we got:
And the deviation would be just the square root of the variance:
The statitsic would be:
The degrees of freedom are:
And the p value would be:
Since we have a p value lower than the significance level given of 0.05 we can reject the null hypothesis and we can conclude that the true mean for car rental rates in Boston are significantly higher than those in Dallas