Answer:
25%
Step-by-step explanation:
Given parameters:
Amount earned by Jessica per month = 800
Total savings target per year = 2400
Unknown:
Percentage of savings = ?
Solution:
The total earning per year will be the amount earned per month multiplied by the total number months;
Amount earned in a year = 12 x 800 = 9600
Let the percentage of savings per year = y%
Now;
2400 = x 9600
y = 25%
Using a t-distribution calculator and finding the p-value, the correct option regarding the conclusion is given by:
a) the p-value is 0.02. We reject h0 at the 5% significance level because the p-value 0.02 is less than 0.05.
<h3>What is the relation between the p-value and the conclusion?</h3>It also involves the significance level, as follows.
In this problem, a t-distribution calculator for a right-tailed with <em>t = 2.15 and 25 - 1 = 24 df</em> is used to find a p-value of 0.02.
It is less than 0.05, hence option a is correct.
More can be learned about p-values at brainly.com/question/26454209