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2 answers:
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Answer: The parametric is being tested here is "p" (population proportion).
The hypothesis test is left-tailed.
Step-by-step explanation:
Given : The null and alternative hypotheses are
The parametric is being tested here is "p", where p stands for population proportion.
Also, the type of test depends on the alternative hypotheses.
Since the alternative hypotheses is left-tailed, so the hypothesis test is left-tailed.
Answer:
As per the given statement:
€1 = £0.72
Find how much is €410 in £.
then;
€410 = = £295.2
Hence, £295.2 much is €410.
to find, the exchange rate of £ to €:
€1 = £0.72
Divide both sides by 0.72 we get;
£1 = €1.389