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Dafna11 [192]
3 years ago
14

An economist believes that interest rates for thirty-year fixed-rate mortgage loans are decreasing. To investigate this further,

the economist would like to test the claim that the percent of thirty-year fixed-rate mortgage loans that have a 4.75 percent interest rate is less than 22%. They decide to complete a hypothesis test at a 1% significance level. They sample 40 thirty-year fixed-rate mortgage loans, and determine the sample percent to be 12.5%. The following is the data from this study:
Sample size = 40 thirty year fixed-rate mortgage loans
Sample proportion = 0.125
Identify the roll and alternative hypothesis for this study by nilling in the blanks with the correct (=, <, or > or to represent the correct hypothesis).
Mathematics
1 answer:
Contact [7]3 years ago
7 0

Answer:

The null hypothesis is H_0: p = 0.22

The alternate hypothesis is H_1: p < 0.22

Step-by-step explanation:

To investigate this further, the economist would like to test the claim that the percent of thirty-year fixed-rate mortgage loans that have a 4.75 percent interest rate is less than 22%.

At the null hypothesis, we test that the proportion is of 22%, that is:

H_0: p = 0.22

At the alternate hypothesis, we test that the proportion is less than 22%, that is:

H_1: p < 0.22

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Is my solution correct?
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Hello there!

Yes, your solution is correct! A way to check it is replacing the value you found for x into x in the equation.

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What's the next number 2 7 8 3 12 9
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The <em>correct answer</em> is:

4.

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The next group seems to start from the next consecutive number. That is, the first group starts with 2, and the next group starts with 3. The next terms in the second group are found by adding 5 to the second term of the first group (12 = 7+5) and then adding 1 to the third term of the first group (9=8+1); this is because we added 5 and added 1 previously.

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For each system of equations, drag the true statement about its solution set to the box under the system?
natta225 [31]

Answer:

y = 4x + 2

y = 2(2x - 1)

Zero solutions.

4x + 2 can never be equal to 4x - 2

y = 3x - 4

y = 2x + 2

One solution

3x - 4 = 2x + 2 has one solution

Step-by-step explanation:

* Lets explain how to solve the problem

- The system of equation has zero number of solution if the coefficients

 of x and y are the same and the numerical terms are different

- The system of equation has infinity many solutions if the

   coefficients of x and y are the same and the numerical terms

   are the same

- The system of equation has one solution if at least one of the

  coefficient of x and y are different

* Lets solve the problem

∵ y = 4x + 2 ⇒ (1)

∵ y = 2(2x - 1) ⇒ (2)

- Lets simplify equation (2) by multiplying the bracket by 2

∴ y = 4x - 2

- The two equations have same coefficient of y and x and different

  numerical terms

∴ They have zero equation

y = 4x + 2

y = 2(2x - 1)

Zero solutions.

4x + 2 can never be equal to 4x - 2

∵ y = 3x - 4 ⇒ (1)

∵ y = 2x + 2 ⇒ (2)

- The coefficients of x and y are different, then there is one solution

- Equate equations (1) and (2)

∴ 3x - 4 = 2x + 2

- Subtract 2x from both sides

∴ x - 4 = 2

- Add 4 to both sides

∴ x = 6

- Substitute the value of x in equation (1) or (2) to find y

∴ y = 2(6) + 2

∴ y = 12 + 2 = 14

∴ y = 14

∴ The solution is (6 , 14)

y = 3x - 4

y = 2x + 2

One solution

3x - 4 = 2x + 2 has one solution

3 0
3 years ago
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