Answer:
a) critical values ≈ -3.182 and 3.182 shows that there is difference in average prices
b) H0 : μd = 0
Ha : μd ≠ 0
Step-by-step explanation:
<u>a) Determine if there is any significant difference in the average prices </u>
using ∝ = 0.05
and μ( advertiser ) - μ ( competitor ) = μd
test statistic ( t ) = -3.011
df = 3
hence the critical values ( two tailed test ) = -3.182 and 3.182. this shows that there is sufficient evidence to show that there is difference in the average prices
<u>b) state the hypothesis</u>
H0 : μd = 0 ( null )
Alternate hypothesis : Ha : μd ≠ 0
Answer:
1300
Step-by-step explanation:
6300
-3200=
1300
Is there’s more to this question?
Here first we have to understand which place is 10 thousand.
6- hundred thousand
2- ten thousand
0- thousand
0- hundred
0- ten
0- one
so as we can see 2 is in ten thousands place.
Now rounding ten thousands place is done by looking up to thousands place.
If the digit at thousands place is 5 or greater than 5 then we change our ten thousands value to one digit higher else it remains same.
Here we have 0 at thousands place , which is less than 5 , so we keep the number as it is.
Answer: 620, 000
