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victus00 [196]
3 years ago
14

A jewelry store has 311.75 ounces of 14-carat gold in stock.

Mathematics
1 answer:
WARRIOR [948]3 years ago
4 0

Answer:

\boxed{\text{(a) 86 necklaces; (b) \$2220}}

Step-by-step explanation:

(a) Number of necklaces

3⁵/₈ = 3.625

\text{No. of necklaces} = 311.75\text{ oz} \times \dfrac{\text{1 necklace}}{3.625\text{ oz}} = \textbf{ 86 necklaces}\\\\\text{You can make } \boxed{\textbf{86 necklaces}} \text{ from 311.75 oz of 14K gold}

(b) Value of gold in each necklace

There are 3.625 oz of 14K gold in each necklace. Pure gold is 24K.

\text{Mass of pure gold} = \text{3.625 oz} \times \dfrac{\text{14K}}{\text{24K}} = \text{2.1146 oz}

Pure 24K gold is worth $1050/oz.

\text{Value of pure gold} = \text{2.1146 oz} \times \dfrac{\text{\$1050}}{\text{1 oz}} = \textbf{\$2220}\\\\\text{The value of the gold in each necklace is } \boxed{\textbf{\$2220}}

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A random sample of soil specimens was obtained, and the amount of organic matter (%) in the soil was determined for each specime
MrRissso [65]

Answer:

We conclude that the true average percentage of organic matter in such soil is something other than 3% at 10% significance level.

We conclude that the true average percentage of organic matter in such soil is 3% at 5% significance level.

Step-by-step explanation:

We are given a random sample of soil specimens was obtained, and the amount of organic matter (%) in the soil was determined for each specimen;

1.10, 5.09, 0.97, 1.59, 4.60, 0.32, 0.55, 1.45, 0.14, 4.47, 1.20, 3.50, 5.02, 4.67, 5.22, 2.69, 3.98, 3.17, 3.03, 2.21, 0.69, 4.47, 3.31, 1.17, 0.76, 1.17, 1.57, 2.62, 1.66, 2.05.

Let \mu = <u><em>true average percentage of organic matter</em></u>

So, Null Hypothesis, H_0 : \mu = 3%      {means that the true average percentage of organic matter in such soil is 3%}

Alternate Hypothesis, H_A : \mu \neq 3%      {means that the true average percentage of organic matter in such soil is something other than 3%}

The test statistics that will be used here is <u>One-sample t-test statistics</u> because we don't know about the population standard deviation;

                         T.S.  =  \frac{\bar X-\mu}{\frac{s}{\sqrt{n} } }  ~ t_n_-_1

where, \bar X = sample mean percentage of organic matter = 2.481%

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            n = sample of soil specimens = 30

So, <u><em>the test statistics</em></u> =  \frac{2.481-3}{\frac{1.616}{\sqrt{30} } }  ~ t_2_9

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(a) Now, at 10% level of significance the t table gives a critical value of -1.699 and 1.699 at 29 degrees of freedom for the two-tailed test.

Since the value of our test statistics doesn't lie within the range of critical values of t, so we have <u><em>sufficient evidence to reject our null hypothesis</em></u> as it will fall in the rejection region.

Therefore, we conclude that the true average percentage of organic matter in such soil is something other than 3% at 10% significance level.

(b) Now, at 5% level of significance the t table gives a critical value of -2.045 and 2.045 at 29 degrees of freedom for the two-tailed test.

Since the value of our test statistics lies within the range of critical values of t, so we have <u><em>insufficient evidence to reject our null hypothesis</em></u> as it will not fall in the rejection region.

Therefore, we conclude that the true average percentage of organic matter in such soil is 3% at 5% significance level.

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cricket20 [7]

Answer:

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3 years ago
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Answer:

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