Answer:
The correct option is;
False
Step-by-step explanation:
Here, we note that the proportion of the test statistic which is used in the test is 5% and the P-value for the test is 0.03
The hypothesis test is meant to check if people will still drive to work when the gas prices are above $10.00 and the suggestion was that we can conclude that when the fuel price is above $5.00 everyone would still drive to work without a P-value for the test, hence we can not come to the stated conclusion.
The interest rate offered would decrease. The federal reserve sets the rates to help prevent inflation, deflation etc
Answer and Step-by-step explanation:
Workings and solutions to a, b, & c can be viewed in the snapshot below:
