if you deposit $1000 into an account paying 8.25% annual interest compounded annually, how much money will be in the account aft
1 answer:
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Answer:
There is not enough evidence to support the claim that union membership increased.
Step-by-step explanation:
We are given the following in the question:
Sample size, n = 400
p = 12.5% = 0.125
Alpha, α = 0.05
Number of women belonging to union , x = 52
First, we design the null and the alternate hypothesis
The null hypothesis sates that 12.5% of U.S. workers belong to union and the alternate hypothesis states that there is a increase in union membership.
This is a one-tailed(right) test.
Formula:
Putting the values, we get,
Now, we calculate the p-value from the table.
P-value = 0.3812
Since the p-value is greater than the significance level, we fail to reject the null hypothesis and accept the null hypothesis.
Conclusion:
Thus, there is not enough evidence to support the claim that union membership increased.
<h2>Explanation:</h2>
Hello, remember you need to write complete questions in order to get good and exact answers. Here you haven't provided any fractions, so I'll give you my own fractions.
The first fraction is:
The second fraction is:
So let's say that difference is:
Therefore, the result is:
The representation of this problem is shown using the number line below. As you can see, we have written both 1/2 and 1/4 and the difference is also indicated giving the result 1/4. That is, if we walk from 1/4 to 1/2 we'll walk 1/4 units.