Amy's yearly salary is given by the equation y = 25,000 + 700x, where x is the number of years since 2007 and y is her salary in
1 answer:
Answer:
Amy's yearly salary in 2011 was $27,800
Step-by-step explanation:
we have
where
x ---> is the number of years since 2007
y ---> Amy's yearly salary in dollars
To find out what was her salary in 2011, first determine the value of x
substitute the value of x in the equation above
therefore
Amy's yearly salary in 2011 was $27,800
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Using the t-distribution, it is found that the test statistic for the hypotheses test is given by:
At the null hypotheses, it i tested if the mean difference remains the same, that is:
At the alternative hypotheses, it is tested if it has decreased, hence:
.
The test statistic is given by:
The parameters are:
is the sample mean.
is the value tested at the null hypothesis.
- s is the standard deviation of the sample.
- n is the sample size.
The parameters are given as follows:
.
Hence the test statistic is given by:
More can be learned about the t-distribution at brainly.com/question/16162795
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Forgive me if this is wrong. I haven't done stat in a year, but comment if you need clarification!
