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timurjin [86]
3 years ago
5

The question is in the pic.

Mathematics
2 answers:
masya89 [10]3 years ago
5 0

Answer:

the answer is $100

because if the bank is loosing 2% they are having to pay $20 bc 0.02 x 1,000= 20, and they are earning 12% they getting 120 bc 0.12 x 1,000 = 120, and 120-20= $100. you have to subtract the $20 because that is what the bank is paying, so it's losing money

vodka [1.7K]3 years ago
4 0

Answer:

$100

$120 in and $20 out

Step-by-step explanation:

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Answer:

Since our calculated value is lower than our critical value,z_{calc}=2.02, we have enough evidence to FAIL to reject the null hypothesis at 1% of singificance. So there is not nough evidence to conclude that mean for men it's significantly higher than the mean for female.

Step-by-step explanation:

1) Data given and notation  

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\bar X_{2}=4.5 represent the mean for group women  

Assuming these values for the remaining data:

\sigma_{1}=1.2 represent the population standard deviation for the sample men

\sigma_{2}=1.5 represent the population standard deviation for the sample women

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n_{2}=30 sample size for the group women  

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p_v represent the p value  

2) Concepts and formulas to use  

We need to conduct a hypothesis in order to check if the mean for men it's higher than the mean for women, the system of hypothesis would be:  

H0:\mu_{1} \leq \mu_{2}  

H1:\mu_{1} > \mu_{2}  

If we analyze the size for the samples both are higher than 30, and we know the population deviation's, so for this case is better apply a z test to compare means, and the statistic is given by:  

z=\frac{\bar X_{1}-\bar X_{2}}{\sqrt{\frac{\sigma^2_{1}}{n_{1}}+\frac{\sigma^2_{2}}{n_{2}}}} (1)  

z-test: Is used to compare group means. Is one of the most common tests and is used to determine whether the means of two groups are equal to each other.  

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We have all in order to replace in formula (1) like this:  

z=\frac{5.2-4.5}{\sqrt{\frac{1.2^2}{32}+\frac{1.5^2}{30}}}=2.02  

4) Find the critical value

In order to find the critical value we need to take in count that we are conducting a right tailed test, so we are looking on the normal standard distribution a value that accumulats 0.01 of the area on the right and 0.99 of the area on the left. We can us excel or a table to find it, for example the code in Excel is:

"=NORM.INV(1-0.01,0,1)", and we got z_{critical}=2.33

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