Answer and explanation:
Null hypothesis(H0) says sentiment for increasing speed limit in the two populations is the same
Alternative hypothesis(Ha) says sentiment for increasing speed limit in the two populations is different
Where p1 is the first population proportion =65/297= 0.22
And p2 is the second population proportion = 78/189= 0.41
P= p1+p2/n1+n2= 65+78/297+189= 0.29
Hence H0= p1-p2=0
Ha=p1-p2≠0
Test statistic= p1-p2/√p(1-p) (1/n1+1/n2)
= 0.22-0.41/√0.29(1-0.29)(1/297+1/189)
= -4.49
Critical value at 95% significance level= 1.96( from tables)
We therefore reject null hypothesis as critical value is greater than test statistic
Therefore the sentiment for increasing speed limit in the two populations is different
b. at proportions of 0.24 and 0.40 for p1 and p2 respectively
Test statistic = 0.24-0.40/0.29(1-0.29)(1/297+1/189)
= -3.78
P value is 0.0002 at 0.05 significance level
Hence probability =0.4998
The answer is : 10416.67ft^3
Answer:
Interest would be $15 every 3 years
Step-by-step explanation:
Interest = Principal x Rate x Time
Interest = 100 x 5% x 3
Interest = 5 x 3
Interest = 15
