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Sladkaya [172]
3 years ago
7

The mean annual tuition and fees for a sample of 12 private colleges was $36,800 with a standard deviation of $5000. A dotplot s

hows that it is reasonable to assume that the population is approximately normal. You wish to test whether the mean tuition and fees for private colleges is different from $33,700 Compute the value of the test statistic and state the number of degrees of freedom. A) 0.620; 12 degrees of freedom B) 0.620; 11 degrees of freedom C) 2.148; 12 degrees of freedom D) 2.148: 11 degrees of freedom
Mathematics
1 answer:
Bezzdna [24]3 years ago
4 0

Answer:

The value of the test statistic and the number of degrees of freedom is 2.148 and 11 respectively.

Step-by-step explanation:

The mean annual tuition and fees for a sample of 12 private colleges was $36,800 with a standard deviation of $5000

x= 36800\\s = 5000

n = 12

Claim: You wish to test whether the mean tuition and fees for private colleges is different from $33,700

H_0:\mu = 33700\\H_a:\mu \neq 33700

Since n < 30 and sample standard deviation is given so, we will use t test

Formula : t = \frac{x-\mu}{\frac{s}{\sqrt{n}}}

Substitute the values in the formula :

t = \frac{36800-33700}{\frac{5000}{\sqrt{12}}}

t = 2.148

Degree of freedom = n-1 = 12-1 =11

So,. Option D is true

Hence the value of the test statistic and the number of degrees of freedom is 2.148 and 11 respectively.

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2 years ago
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Answer:

R(x) =300·x - 2·x²

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Step-by-step explanation:

Given that the price function P(x) = 300 -2·x

Cost per bike = £40

The revenue function R(x) is given by  bike price × total number of bikes manufactured and sold

∴ R(x)  = P(x)×x = (300 - 2·x)×x = 300·x - 2·x²

The company's cost function, C(x) is Fixed cost + cost to produce each bike × total number of bikes produced

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The break even point is given by the relation;

Total revenue - total cost = 0

That is, break even point is R(x) - C(x) = 0

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-2·x²+260·x-5000 = 0 or 2·x²- 260·x + 5000 = 0

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(x - (65 -5√69))(x - (65 +5√69))

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Therefore, the break even points are 23.47 and 106.53.

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3 0
3 years ago
Lynda cuts a piece of wood for a project. The first cut is shown and can be represented by the equation y=1/4x-5.The secend cut
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hope this helped

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