Answer:
A. We have extremely strong evidence to reject H0.
Step-by-step explanation:
Let P be the proportion of non-retirees in 2015 who did not think that Social Security would be able to pay a retirement benefit by the time that they retire.
According to the data null and alternative hypotheses should be:
: P=0.60
: P<0.60
Test statistics is -4.29 and p-value of the statistics is p<0.001
At every significance levels higher than 0.001, we can reject the null hypothesis since p<0.001.
The one on the left is -5/6
The one on the right is 1/21
Answer:
$4.33
Step-by-step explanation:
3 hours -> $13
1 hour -> $13/3 = $4.33
Answer: B $50,700
Step-by-step explanation: Subtract expenses from earnings...
65,000-4,900-7,400-2,000=50,700
Answer:
The probability that there will be a total of 7 defects on four units is 0.14.
Step-by-step explanation:
A Poisson distribution describes the probability distribution of number of success in a specified time interval.
The probability distribution function for a Poisson distribution is:

Let <em>X</em> = number of defects in a unit produced.
It is provided that there are, on average, 2 defects per unit produced.
Then in 4 units the number of defects is,
.
Compute the probability of exactly 7 defects in 4 units as follows:

Thus, the probability of exactly 7 defects in 4 units is 0.14.