Answer: 10/24
Hope that help :)
Answer:
We can assume that the statistic is ![z_{calc}=0.78](https://tex.z-dn.net/?f=z_%7Bcalc%7D%3D0.78)
![p_v = 2* P(z>0.78) = 0.435](https://tex.z-dn.net/?f=%20p_v%20%3D%202%2A%20P%28z%3E0.78%29%20%3D%200.435)
So the p value obtained was a very high value and using the significance level given
we have
so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can said that at 5% of significance the true proportion of interest is not different from 3/5
Step-by-step explanation:
Concepts and formulas to use
We need to conduct a hypothesis in order to test the claim that the true proportion is equal to 3/5 or not.:
Null hypothesis:
Alternative hypothesis:
When we conduct a proportion test we need to use the z statistic, and the is given by:
(1)
The One-Sample Proportion Test is used to assess whether a population proportion
is significantly different from a hypothesized value
.
Calculate the statistic
We can assume that the statistic is ![z_{calc}=0.78](https://tex.z-dn.net/?f=z_%7Bcalc%7D%3D0.78)
Statistical decision
It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.
The significance level provided
. The next step would be calculate the p value for this test.
Since is a bilateral test the p value would be:
![p_v = 2* P(z>0.78) = 0.435](https://tex.z-dn.net/?f=%20p_v%20%3D%202%2A%20P%28z%3E0.78%29%20%3D%200.435)
So the p value obtained was a very high value and using the significance level given
we have
so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can said that at 5% of significance the true proportion of interest is not different from 3/5
The 1st and 3rd choices are irrational. The other 2 are rational. Irrational numbers are numbers that you can't make a simple fraction out of.
Answer:
t= 12.9 years
Step-by-step explanation:
Value after t years = initial value ( 1 - r )^t
Where,
Value after t years= $5000
Initial value = $22,400
r= depreciation rate = 11%
t= length of time (years)
Value after t years = initial value ( 1 - r )^t
5000 = 22,400 ( 1 - 0.11)^t
5000 = 22,400(0.89)^t
Divide both sides by 22,400
(0.89)^t = 5000 / 22,400
(0.89)^t = 0.2232
Take the log of both sides
t log 0.89 = log 0.2232
t= log 0.2232 / log 0.89
= -0.6513 / -0.0506
= 12.87
t= 12.9 years
Answer:
The statement is true about whether A and B are independent eventa is fourth option:
A and B are not independent events because P(A/B)=0.375 and P(A)=0.25
Step-by-step explanation:
Let A be the event that the person rides the bus to school, then:
P(A)=75/300
P(A)=0.25
Let B be the event that the person has 3 or more siblings, then:
P(B)=24/300
P(B)=0.25
P(A/B)=9/24
P(A/B)=0.375
Like P(A/B)=0.375 is different to P(A)=0.25 the events are not independent
Answer. Fourth option:
A and B are not independent events because P(A/B)=0.375 and P(A)=0.25