The table on the left is that of a linear function, and the one on the right is that of an exponential function. Can you tell wh
ich function has the higher rate of growth? How?
1 answer:
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Answer:
Step-by-step explanation:
Put hypotheses as:
(Two tailed test at 4%)
Since population std deviation is given we can do Z test.
Test statistic t = mean diff/se =
p value=0.075
Since p >0.04 our alpha, we accept null hypothesis.
At alphaequals0.04, we cannot reject the company's claim