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kkurt [141]
3 years ago
11

Suppose a certain state university's college of business obtained the following results on the salaries of a recent graduating c

lass:
Finance Majors Business Analytics Majors
n1 = 140 n2 = 30
x1 = $48,237 x2 = $55,417
s1 = $19,000 s2 = $10,000

Required:
a. Formulate hypotheses so that, if the null hypothesis is rejected, we can conclude that salaries for Finance majors are significantly lower than the salaries of Business Analytics majors. Use α = 0.05. (Let μ1 = the population mean salary for Finance majors, and let μ2 = the population mean salary for Business Analytics majors.
b. What is the value of the test statistic?
c. What is the p-value? (Round your answer to four decimal places.)
d. What is your conclusion?
Mathematics
1 answer:
Lerok [7]3 years ago
7 0

Answer:

Following are the responses to the given choice:

Step-by-step explanation:

For point a:

H_0: \mu_1 - \mu_2 = 0\\\\ H_1: \mu_1 - \mu_2 < 0

For point b:

t = -2.953

For point c:

\to  p- value = 0.0021

For point d:

Reject H_o. It could deduce that the pay of higher banking is considerably lower than the pay of higher project management.

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Initial salary =  $50,000 .

Rate of raise = 5% each year.

Therefore, each next year salary would be 105% that is 1.05 times.

5% of 50,000 = 0.05 × 50000 = 2500.

Therefore raise is $2500 each year.

According to geometric sequence first term 50000 and common ratio 1.05.

Applying geometric sequence formula

a_n = ar^{n-1}

1) a_n = 50000(1.05)^{n-1}

2) In order to find salary in 5 years we need to plug n=5, we get

a_5 = 50000(1.05)^{5-1}= 50000(1.05)^4

= 50000(1.21550625)

<h3>=$60775.3125.</h3>

3) In order to find the total salary in 10 years we need to apply sum of 10 terms formula of a geometric sequence.

S_n = \frac{a(1-r^n}{1-r}

Plugging n=10, a = 50000 and r= 1.05.

S_10 = \frac{50000(1-(1.05)^{10}}{1-1.05}

S_10 = \frac{50000(0.050)^{10}}{0.05}

= 628894.62678.

<h3>Therefore , you will have earned $ 628894.62678 in total salary by the end of your 10th year.</h3>



7 0
3 years ago
4) A window is in the form of a rectangle surmounted by a semicircle. The rectangle is of clear glass, whereas the semicircle is
lisov135 [29]

Answer:

l=0.1401P\\

w =0.2801P

where P = perimeter

Step-by-step explanation:

Given that a window is in the form of a rectangle surmounted by a semicircle.

Perimeter of window =2l+\pid/2+w

P= 2l+3.14 (w/2)+w

Or P = 2l+2.57w\\l = \frac{P-2.57w}{2}

To allow maximum light we must have maximum area

Area = area of rectangle + area of semi circle where rectangle width = diameter of semi circle

A=lw +\pi \frac{w^2}{8}

A=lw +\pi \frac{w^2}{8}\\A=w*\frac{P-2.57w}{2}+0.3925w^2\\2A= Pw-2.57w^2+(0.785w^2)\\2A' = P-5.14w+1.57 w\\2A" =-5.14+1.57

Hence we get maximum area when i derivative is 0

i.e. P-5.14w+1.57 w=0\\3.57w =P\\w = \frac{P}{3.57} =0.2801P

l = \frac{P-2.57w}{2}\\l = 0.1401P

Dimensions can be

l=0.1401P\\w =0.2801P

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Answer:

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Step-by-step explanation:


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