The hypothesis test shows that we reject the null hypothesis and there is sufficient evidence to support the claim that the return rate is less than 20%
<h3>What is the claim that the return rate is less than 20% by using a statistical hypothesis method?</h3>
The claim that the return rate is less than 20% is p < 0.2. From the given information, we can compute our null hypothesis and alternative hypothesis as:
Given that:
Sample size (n) = 6965
Sample proportion 
The test statistics for this data can be computed as:
z = -2.73
From the hypothesis testing, since the p < alternative hypothesis, then our test is a left-tailed test(one-tailed.
Hence, the p-value for the test statistics can be computed as:
P-value = P(Z ≤ z)
P-value = P(Z ≤ - 2.73)
By using the Excel function =NORMDIST (-2.73)
P-value = 0.00317
P-value ≅ 0.003
Therefore, we can conclude that since P-value is less than the significance level at ∝ = 0.01, we reject the null hypothesis and there is sufficient evidence to support the claim that the return rate is less than 20%
Learn more about hypothesis testing here:
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Answer:
a. 4
b. -8
c. -2
Step-by-step explanation:
Take any number x;
Its opposite is -x
The opposite of its opposite is x
Using the above statements, we can solve the following questions
Solving (a): -4
In this case:
The opposite; -x is
Solving (b): 8
In this case:
The opposite; -x is
Solving (c): -2
In this case:
The opposite; -x is
The opposite; -(-x) is
Answer:
The ratios are not equivalent
Step-by-step explanation:
First, in order to find the ratios, we have to change the month to the amount of days.
There are 30 days in April, so we will use this for the ratio.
The ratio for the 3 day weekend is 5:3
The ratio for the month of April is 60:30, which can be simplified to 2:1
So, the ratios are not equivalent, because 5:3 is not equal to 2:1
The equations and the number of hotdogs and sodas sold are: x+ y = 126 and 2.25x + 1.50y = 225.75 ; 49 hot dogs and 77 sodas.
Two equations can be derived from this question:
2.25x + 1.50y = 225.75 equation 1
x + y = 126 equation 2
Where:
x = number of hotdogs sold
y = number of soda sold
In order to determine the value of y, multiply equation 2 by 2.25
2.25x + 2.25y = 283.50 equation 3
Subtract equation 1 from 3
57.75 = 0.75y
y = 77
Substitute for y in equation 2
x + 77 = 126
x = 49
To learn more about simultaneous equations, please check: brainly.com/question/23589883
I hope this helps you
76%
76/100
4.19/4.25
19/25
