The answer is B- Yes, the cost of the annual premium for 12 years was less than the accident claims.
Total work amount
6 men * 14 days
84 men days
If it is done within 21 days, need x men
84 men days = x men * 21 days
x = 84/21 men
x = 4 men
Answer:
Note: The full question is attached as picture below
a) Hо : p = 0.71
Ha : p ≠ 0.71
<em>p </em>= x / n
<em>p </em>= 91/110
<em>p </em>= 0.83.
1 - Pо = 1 - 0.71 = 0.29.
b) Test statistic = z
= <em>p </em>- Pо / [√Pо * (1 - Pо ) / n]
= 0.83 - 0.71 / [√(0.71 * 0.29) / 110]
= 0.12 / 0.043265
= 2.77360453
Test statistic = 2.77
c) P-value
P(z > 2.77) = 2 * [1 - P(z < 2.77)] = 2 * 0.0028
P-value = 0.0056
∝ = 0.01
P-value < ∝
Reject the null hypothesis. There is sufficient evidence to support the researchers claim at the 1% significance level.
Answer:
7.2224
Step-by-step explanation:
The value of the summation is given by the formula ...
Sn = (a1)(1 -r^n)/(1 -r) . . . . . where a1 is the first of n terms, and r is the common ratio.
Your sum has first term and ratio ...
a1 = 2(0.6) . . . . . summation term for n=1
r = 0.6
So the sum is ...
Then the value of the entire given expression is ...
_____
A calculator can help you find the value.
