Lincoln is seeking a loan with a simple interest rate of 8% per year. If he wants to borrow $5000, then how much will he be char
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Answer:
We conclude that children in district are brighter, on average, than the general population.
Step-by-step explanation:
We are given the following data set:
105, 109, 115, 112, 124, 115, 103, 110, 125, 99
Formula:
where are data points,
is the mean and n is the number of observations.
Sum of squares of differences = 642.1
We are given the following in the question:
Population mean, μ = 106
Sample mean, = 111.7
Sample size, n = 10
Alpha, α = 0.05
Sample standard deviation, s = 8.44
First, we design the null and the alternate hypothesis
We use one-tailed(right) t test to perform this hypothesis.
Formula:
Putting all the values, we have
Now,
Since,
We fail to accept the null hypothesis and reject it. We accept the alternate hypothesis.
We conclude that children in district are brighter, on average, than the general population.