Rick buys a 1966 Mustang for $3,000, planning to restore and sell the car. He goes on to spend $9,000 restoring the car. At this
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Answer:
There is strong evidence that less than 87% of the orders are delivered in less than 10 minutes.
Decision rule: Reject the null hypothesis if (P-value < level of significance)
Test statistic z=-2.70
Decision: Reject the null hypothesis (0.003<0.010)
Step-by-step explanation:
In this question we have to test an hypothesis.
The null and alternative hypothesis are:
The significance level is assumed to be 0.01.
The sample of size n=80 gives a proportion of p=61/80=0.7625.
The standard deviation is:
The statistic z is then
The P-value is
The P-value (0.003) is smaller than the significance level (0.010), so the effect is significant. The null hypothesis is rejected.
There is strong evidence that less than 87% of the orders are delivered in less than 10 minutes.
Decision rule: Reject the null hypothesis if (P-value < level of significance)
Test statistic z=-2.70
Decision: Reject the null hypothesis (0.003<0.010)
Answer:
47.73% probability that it takes Renee at most 29 minutes to go grocery shopping
Step-by-step explanation:
An uniform probability is a case of probability in which each outcome is equally as likely.
For this situation, we have a lower limit of the distribution that we call a and an upper limit that we call b.
The probability that we find a value X lower than x is given by the following formula.
Uniformly distributed between 18.5 minutes and 40.5 minutes.
This means that
What is the probability that it takes Renee at most 29 minutes to go grocery shopping
47.73% probability that it takes Renee at most 29 minutes to go grocery shopping