Answer:
4%
Step-by-step explanation:
After losing 4.17, it came down to 100.08, so the opening price was:
100.08 + 4.17 = 104.25
To find percentage decline, we find the ratio of the "change" (which is 4.17) divided by the opening (original) price, which is 104.25. Then we multiply that fraction by 100 to get our percentage decline.
So,
Thus, the
percentage decline = 4%
Answer:
1
The claim is that the mean amount of Walker Crisps eaten was significantly higher for the children who watched the sports celebrity- endorsed Walker Crisps commercial
2
The kind of test to use is a t -test because a t -test is used to check if there is a difference between means of a population
3
4
The p-value is
5
The conclusion is
There is sufficient evidence to conclude that the mean amount of Walker Crisps eaten was significantly higher for the children who watched the sports celebrity- endorsed Walker Crisps commercial
The test statistics is
Step-by-step explanation:
From the question we are told that
The first sample size is
The first sample mean is
The second sample size is
The second sample size is
The first standard deviation is
The second standard deviation is
The level of significance is
The null hypothesis is
The alternative hypothesis is
Generally the test statistics is mathematically represented as
=>
=>
The p-value is mathematically represented as
Generally from the z table
=>
From the values obtained we see that so the null hypothesis is rejected
Thus the conclusion is
There is sufficient evidence to conclude that the mean amount of Walker Crisps eaten was significantly higher for the children who watched the sports celebrity- endorsed Walker Crisps commercial