Eight times a number equals 35 more than the number. Find the number

The Nellie Mae organization conducts an extensive annual study of credit card usage by college students. For their 2004 study, t

Masja [62]

Answer:

1. Null Hypothesis, $H_0$ : $p_1-p_2=0$ or $p_1=p_2$

Alternate Hypothesis, $H_A$ : $p_1-p_2\neq 0$ or $p_1\neq p_2$

2. Test statistics = 4.63

P-value = 0.00001

3. We conclude that the proportion of undergraduate students who held a credit card differed between these two years.

Step-by-step explanation:

We are given that the Nellie Mae organization conducts an extensive annual study of credit card usage by college students.

For their 2004 study, they analyzed credit bureau data for a random sample of 1,413 undergraduate students between the ages of 18 and 24. They found that 76% of the students sampled held a credit card. Three years earlier they had found that 83% of undergraduates sampled held a credit card.

Let $p_1$ = population proportion of undergraduate students who held a credit card in year 2001

$p_2$ = population proportion of undergraduate students who held a credit card in year 2004

1. Null Hypothesis, $H_0$ : $p_1-p_2=0$ or $p_1=p_2$ {means that the proportion of undergraduate students who held a credit card does not differed between these two years}

Alternate Hypothesis, $H_A$ : $p_1-p_2\neq 0$ or $p_1\neq p_2$ {means that the proportion of undergraduate students who held a credit card differed between these two years}

The test statistics that will be used here is Two-sample z proportion statistics;

T.S. = $\frac{(\hat p_1-\hat p_2)-(p_1-p_2)}{\sqrt{\frac{\hat p_1(1-\hat p_1)}{n_1} +\frac{\hat p_2(1-\hat p_2)}{n_2}} }$ ~ N(0,1)

where, $\hat p_1$ = sample proportion of undergraduate students who held a credit card in 2001 = 83%

$\hat p_2$ = sample proportion of undergraduate students who held a credit card in 2004 = 76%

$n_1$ = sample of students surveyed in 2001 = 1,413

$n_2$ = sample of students surveyed in 2004 = 1,413

So, test statistics = $\frac{(0.83-0.76)-(0)}{\sqrt{\frac{0.83(1-0.83)}{1,413} +\frac{0.76(1-0.76)}{1,413}} }$

= 4.63

2. Hence, the value of test statistics is 4.63.

Also, P-value is given by the following formula;

P-value = P(Z > 4.63) = 1 - P(Z $\leq$ 4.63)

= 1 - 0.99999 = 0.00001

3. Since in the question we are not given the level of significance so we assume it to be 5%. Now at 5% significance level, the z table gives critical values between -1.96 and 1.96 for two-tailed test. Since our test statistics is does not lie within the range of critical values of z, so we have sufficient evidence to reject our null hypothesis as it will fall in the rejection region.

Therefore, we conclude that the proportion of undergraduate students who held a credit card differed between these two years.

6 0

3 years ago

The volume of a cylinder is given by the formula , where r is the radius of the cylinder and h is the height. Which expression r

kotykmax [81]

The Volume of cylinder represented by the option B.

According to the statement

we have given that the volume formula of cylinder is V= (pi)r^2h, and we have to find that the which expression verify the volume formula for the cylinder given in diagram.

So,

We know that height of the cylinder is given by h = 2x + 7 and

radius r = x - 3.

We know that the formula of volume of cylinder is:

Volume of a cylinder = (pi)r^2h

and Substituting the given values in the above formula

And the volume becomes

Volume = (pi)r^2h

Volume = (pi)( x-3 )^2 (2x+7)

Volume = (pi) ( x^2 + 9 - 6x ) (2x+7)

Volume = (pi) ( 2x^3 + 7x^2 +18x +63 - 42x)

So, The Volume of cylinder represented by the option B.

Learn more about Volume here brainly.com/question/1972490

Disclaimer: This question is incomplete. Please find the full content below.

Question:

The volume of a cylinder is given by the formula V= pi^2h, where r is the radius of the cylinder and h is the height: which expression represents the volume of this cylinder?

a) Volume = (pi) ( 3x^3 + 7x^2 +14x +63 - 42x)

b) Volume = (pi) ( 2x^3 + 7x^2 +18x +63 - 42x)

c) Volume = (pi) ( 7x^3 + 7x^2 +11x +63 - 42x)

d) Volume = (pi) ( 11x^3 + 7x^2 +13x +63 - 42x)

#SPJ4

7 0

2 years ago

My index finger is 3.2in long... so in cm is it 8.128cm?

kiruha [24]

Yes that is correct..

8 0

4 years ago

Read 2 more answers

This is important please help I will give brainiest

hodyreva [135]

D. Bobby drew a diagram that’s not a function.

You can see by the arrows, function means domain cannot have two different ranges. Bobby made a mistake since it should’ve been a function

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3 years ago

Sabrina is building three identical table tops. The table top measures 8 feet by 3 feet. How many square feet of wood will Sabri

polet [3.4K]

I think sabrina would need 24 table tops

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