Answer:
Step-by-step explanation:
This is a test of the mean difference between 2 independent groups or populations.
Let μ1 be the mean annual bonus of Company A's employees and μ2 be the mean annual bonus of Company B's employees.
The random variable is μ1 - μ2 = difference in the mean annual bonus of Company A's employees and the mean annual bonus of Company B's employees
We would set up the hypothesis.
The null hypothesis is
H0 : μ1 ≤ μ2 H0 : μ1 - μ2 ≤ 100
The alternative hypothesis is
H1 : μ1 > μ2 H1 : μ1 - μ2 > 100
This is a right tailed test because of the inequality sign at the alternative hypothesis. We need to take samples of annual bonuses from both company's employees and find the averages. Then we would determine the test statistic as well as the p value. We would use the p value with the level of significance to make decisions
75 is 125% of 60. Hope this helps! :)
Answer:
The value after three years is $137,027.97
Step-by-step explanation:
Here, we want to get the value of the home after 3 years
Generally, we have the exponential formula as follows;
y = P(1 + r)^t
where P is the original cost which is $124,400
r is the rate of increase which is 3% = 3/100 = 0.03
t is the time which is 3 years
Substituting these values;
y = 125400(1 + 0.03)^3 = $137,027.97
Answer:
1) 11
2) 4
Step-by-step explanation:
1) It is 11 because in the first row we ignore the 0 since it is referring to the first digit, so the first row has 7. In the second row, we ignore the one so it would be 4 because the 9, or would be 19, is above 18.
2) It is 4 because there is one person over 65. In the second row we ignore the 7 and there are 3 people in the 7 row.
