Answer:
The statement, (1- <em>α</em>)% confidence interval for (μ₁ - μ₂) does not contain zero is TRUE.
Step-by-step explanation:
The hypothesis for a test is defined as follows:
<em>H</em>₀: μ₁ = μ₂ vs. <em>H</em>ₐ: μ₁ ≠ μ₂
It is provided that the test was rejected st the significance level <em>α</em>%.
If a decision is to made using the confidence interval the conditions are:
If the null hypothesis value is not included in the (1 - <em>α</em>)% confidence interval then the null hypothesis will be rejected and vice versa.
In this case the null hypothesis value is:
<em>H</em>₀: μ₁ - μ₂ = 0.
If the value 0 is not included in the (1 - <em>α</em>)% confidence interval for the difference between two means, then the null hypothesis will be rejected.
Thus the statement, (1- <em>α</em>)% confidence interval for (μ1- μ2) does not contain zero is TRUE.
Answer:
y= 169 − 
Step-by-step explanation:
Answer:
About 16 years
Step-by-step explanation:
First we need to figure out 5.25% of 12000
5.25 x 0.12000 = 0.63
Then we move the decimal
630
Then we need to figure out how many years it will take to reach $22000
Since we already owe $12000, we can just divide using $10000 because 10000 + 12000 = 22000
10000/630 = 15.87
Which is about 16 years
