Answer:
Traditional 401 (K) plan
Step-by-step explanation:
The fact that the contributions to the pension plan are deducted before payroll taxes means that the plan in question is a traditional 401 (K) plan with taxes on the earnings deferred until the employee eventually withdraws funds from the pension plan.
This is quite different from Roth 401 (K) Plan where the contribution is not tax deferred ,instead contributions are made after payroll taxes have been sorted but eventual withdrawal from the plan is tax exempt.
Answer:
1.4000 ;
0.0807 ;
1.69 ;
Fail to reject the Null
Step-by-step explanation:
Given :
μ = 21 minutes
x = 22.4 minutes
Sample size, n = 36
Standard deviation, s = 6
H0: μ ≥ 21
H1: μ < 21
Test statistic : (x - μ) ÷ s/sqrt(n)
Test statistic : (22.4 - 21) ÷ 6/sqrt(36)
Test statistic : 1.4 ÷ 1
Test statistic = 1.4000
Pvalue : Using the Test statistic value at α = 0.05 ; One - tail test = 0.0807
The t critical value using a critical value calculator ; DF = (n - 1) = 36 - 1 = 35 ; α = 0.05 = 1.69
Decision region :
Reject H0 if
|Test statistic| > |critical value|
1.4 < 1.69
Hence, we fail to reject H0
There isn't enough evidence they delivery time has been reduced below previous mean
The probability of picking a red card of a deck of 52 is 26 out of 52 or 1 out of 2.
Answer:
1.375/1
Step-by-step explanation:
16.5/12 = ?/1
12 divided by 12 = 1
16.5 divided by 12 = 1.375
1.375/1
making sure 1.375/1 x 12 = 16.5/12
