Jerome is a co-owner of a small company and received 1/3 of the company’s profits this year. What were the company’s overall pro
2 answers:
Answer: $450,000
Step-by-step explanation:
We know that Jerome's earnings were from $150,000
And we know that this was 1/3 of the company's overall earnings.
Then let's call "x" to the company's general earnings
So a third multiplied by x must equal Jerome's earnings
Now we solve the equation for the variable x
Finally, the general earnings of the company were $450,000
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Answer:
Null Hypothesis, : P = 4.1%
Alternate Hypothesis, : P > 4.1%
Step-by-step explanation:
We are given that a psychologist claims that more than 4.1% of the population suffers from professional problems due to extreme shyness.
<u><em>Let p = true percentage of the population that suffers from extreme shyness.</em></u>
So, Null Hypothesis, : P = 4.1%
Alternate Hypothesis, : P > 4.1%
Here, <em><u>null hypothesis states that</u></em> % of the population who suffers from professional problems due to extreme shyness is equal to 4.1%.
On the other hand, <u><em>alternate hypothesis states that</em></u> more than 4.1% of the population suffers from professional problems due to extreme shyness.
So, the above hypothesis would be appropriate for conducting the test.