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Anvisha [2.4K]
3 years ago
10

The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took the customers in t

he sample to check out was 3.1 minutes. The population standard deviation is known at 0.5 minutes. We want to test to determine whether or not the mean waiting time of all customers is significantly different than 3 minutes. Use a = 0.05. The test statistic is a 1.96 b. 1.64 c. 2.00 d. 0.056 The p-value is a. 0.0456 b. 0.0482 c. 0.4772 d. 0.9759 e. 0.9772 At the 5% level, you a. fail to reject the null hypothesis b. reject the null hypothesis
Mathematics
1 answer:
andreyandreev [35.5K]3 years ago
7 0

Answer:

The test statistic is c. 2.00

The p-value is a. 0.0456

At the 5% level, you b. reject the null hypothesis

Step-by-step explanation:

We want to test to determine whether or not the mean waiting time of all customers is significantly different than 3 minutes.

This means that the mean and the alternate hypothesis are:

Null: H_{0} = 3

Alternate: H_{a} = 3

The test-statistic is given by:

z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}

In which X is the sample mean, \mu is the value tested at the null hypothesis, \sigma is the standard deviation and n is the size of the sample.

Sample of 100 customers.

This means that n = 100

3 tested at the null hypothesis

This means that \mu = 3

The average length of time it took the customers in the sample to check out was 3.1 minutes.

This means that X = 3.1

The population standard deviation is known at 0.5 minutes.

This means that \sigma = 0.5

Value of the test-statistic:

z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}

z = \frac{3.1 - 3}{\frac{0.5}{\sqrt{100}}}

z = 2

The test statistic is z = 2.

The p-value is

Mean different than 3, so the pvalue is 2 multiplied by 1 subtracted by the pvalue of Z when z = 2.

z = 2 has a pvalue of 0.9772

2*(1 - 0.9772) = 2*0.0228 = 0.0456

At the 5% level

0.0456 < 0.05, which means that the null hypothesis is rejected.

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Elanso [62]

Answer:

(2, 1 )

Step-by-step explanation:

Given endpoints (x₁, y₁ ) and (x₂, y₂ ) then the midpoint is

( \frac{x_{1}+x_{2}  }{2}, \frac{y_{1}+y_{2}  }{2} )

Here (x₁, y₁ ) = (7, 3) and (x₂, y₂ ) = (- 3, - 1) , then

midpoint = ( \frac{7-3}{2}, \frac{3-1}{2} ) = ( \frac{4}{2}, \frac{2}{2} ) = (2, 1 )

5 0
3 years ago
Ana has won a lottery. She was offered two options to receive the award: She can either take it in five installments of $60,000
AleksandrR [38]

Answer:

Results are below.

Step-by-step explanation:

Giving the following information:

She can either take it in five installments of $60,000 annually, starting from now; or she can take a lump-sum of $255,000 now.

<u>First, we determine the value of the 5 installments using a 5% annual compounded rate.</u>

We calculate the future value, and then the present value:

FV= {A*[(1+i)^n-1]}/i

A= annual payments

FV= {60,000*[(1.05^5) - 1]} / 0.05

FV= $331.537.88

PV= FV/(1+i)^n

PV= $259,768.60

At an annual rate of 5% compounded annually, she should choose the five installments instead of the $255,000.

<u>Now, if the annual rate is 6% continuously compounded.</u>

<u>First, we need to calculate the effective interest rate:</u>

r= e^i - 1

r= effective inerest rate

r= e^0.06 - 1

r= 0.0618

FV= {60,000*[(1.0618^5) - 1]} / 0.0618

FV= 339,443.23

PV= 339,443.23/1.0618^5

PV= $251,509.01

At an annual rate of 6% compounded continuously, she should choose the $255,000.

5 0
3 years ago
27) Harry made 4 hits in 9 times at-bat. If she keeps the same success level, how many hits should she make in 18 times at bat?
9966 [12]

Answer:

<u>8 hits</u>

Step-by-step explanation:

The ratio is :

  • hits : times-at-bat = 4 : 9

Now, we have 18 times at bat.

Multiply both sides of the ratio with 2 :

  • 4 x 2 hits : 9 x 2 times at bat
  • <u>8 hits</u> : 18 times at bat

Harry should make <u>8 hits</u> in 18 times at bat.

6 0
2 years ago
Help
Vedmedyk [2.9K]
By pythagoreans' theorem,

Longer edge
= √(2² + 6²)
= √40

∴ The length of the longer edge is the square root of 40 feet.

Shorter edge
= √(1² + 3²)
= √10

Area = L × B
= √40 × √10
= 20 feet²
8 0
3 years ago
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Hi there. Pls help me. Also the question is too long to type um so i took screenshot. Ty if u solved it and showed me how to do
Schach [20]
The answer is 6 days
5 0
3 years ago
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