50 POINTS | I NEED FULL STEP BY STEP ANSWER FOR EACH PROBLEM

At the Foremost State Bank the average savings account balance in 2012 was $1900. A random sample of 45 savings account balanes

lakkis [162]

Answer:

The calculated |t| = |-26.517|=26.517 > 2.326 at 0.01 level of significance

Null hypothesis is rejected at 0.01 level of significance

There is difference between mean savings account balance in 2013 is different from the mean savings account balance in 2012

Step-by-step explanation:

Step(i):-

Mean of the Population = 1900

Given random sample size 'n' = 45

Mean of the sample x⁻ = 1000

Standard deviation of the sample = 225

Null Hypothesis:-

There is no difference between mean savings account balance in 2013 is different from the mean savings account balance in 2012.

Alternative Hypothesis :-

There is difference between mean savings account balance in 2013 is different from the mean savings account balance in 2012

Step(ii):-

Test statistic

$t = \frac{x^{-}-mean }{\frac{S.D}{\sqrt{n} } }$

$t = \frac{1000-1900 }{\frac{225}{\sqrt{45} } }$

t = -900 /33.54 = -26.517

|t| = |-26.517|=26.517

Degrees of freedom

γ = n-1 = 45-1 =44

t₍₀.₀₁ , ₄₄₎ = 2.326

The calculated |t| = |-26.517|=26.517 > 2.326 at 0.01 level of significance

Null hypothesis is rejected at 0.01 level of significance

There is difference between mean savings account balance in 2013 is different from the mean savings account balance in 2012

4 0

3 years ago

How do you do this question?

katovenus [111]

<h3>4 Answers: A, C, E, and F</h3>

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Explanation:

Choice A is true assuming we have $a_n = (-1)^n*b_n$

In this case, $a_n = (-1)^n*\frac{1}{\sqrt{n}}$ and $b_n = \frac{1}{\sqrt{n}}$

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Choice B is false. See choice A above.

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Choice C is true. The sequence $\{b_n\}$ is decreasing. As n gets larger, $b_n$ gets smaller. This is because the denominator is growing larger with the numerator held constant.

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Choice D is false. This contradicts choice C.

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Choice E is true since the denominator is growing forever

This is similar to $\displaystyle \lim_{n \to \infty} \frac{1}{n} = 0$

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Choice F is true due to choices C and E being true.

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Choice G is false because it contradicts choice F.

8 0

4 years ago

Mr and Mrs jackson are having a family portraits taking with their son and daughter. the photographer wants to have two people s

miskamm [114]

If your question is how many positions are possible, then the answer is 24.

We find this by thinking of how many people can be in each spot. If there are 4 spots each person can stand (back left, back right, front left, front right), then there are 4 possible choice for the first spot (mom, dad, son, daughter), then 3 for the next spot (since 1 is already in a spot), then 2 options for the next spot, and then 1 option for the last spot. In other words, the answer is 4x3x2x1, or 4 factorial.

5 0

3 years ago

What is 25 and (2/3) minus (2/3)

icang [17]

25 because you would just get rid of the 2/3

4 0

4 years ago

Read 2 more answers

Rohan did a survey in four bird parks and wrote the following observations:

stiks02 [169]

Answer: Park P

Step-by-step explanation: