Answer:
1
Step-by-step explanation:
bruh ion know why u put this bull shxt up here Step-by-step explanation:
Answer:
There is evidence to prove that mean is less than 60 hours.
Step-by-step explanation:
Given that the mean work week for engineers in a start-up company is believed to be about 60 hours.
Sample size taken = 10
![H_0: \bar x=60\\H_a: \bar x](https://tex.z-dn.net/?f=H_0%3A%20%5Cbar%20x%3D60%5C%5CH_a%3A%20%5Cbar%20x%20%3C60)
(left tailed test )
Data (length of mean work week): 70; 45; 55; 60; 65; 55; 55; 60; 50; 55.
![\bar x = 57\\s=6.7823\\se = 0.1448](https://tex.z-dn.net/?f=%5Cbar%20x%20%3D%2057%5C%5Cs%3D6.7823%5C%5Cse%20%3D%200.1448)
Mean difference = -3
Test statistic t =mean differene/std error
= -20.72
p value <0.00001
Since p < 0.05 at 5% level we reject H0
There is evidence to prove that mean is less than 60 hours.
You use the first formula. You plug in the values to get A=400(1+(0.05/1))^6. You should get approximately $536.04. I used 0.05 because you need to change the percent to a decimal, and 1 for n because it is compounded annually, meaning once a year.