Decrease = initial price - final price

% decrease = [ (initial price - final price) / initial price ] *100

% decrease =[ (2.89 - 2.83) / 2.89] * 100 = 2.08, which can be rounded to 2.1

Answer: 2.1 %

5 0

3 years ago

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A recent gasoline survey said that the national average price of gasoline was $1.298 a gallon. It was felt that gasoline price i

slava [35]

Answer:

alternative hypothesis : H₁ :

Recent Gasoline surveys felt that gasoline price in Texas was significantly lower than the national average

Alternative Hypothesis : H₁: μ < $1.298 a gallon

Step-by-step explanation:

Explanation:-

Given A recent gasoline survey said that the national average price of gasoline was $1.298 a gallon

Population average μ= $1.298 a gallon

sample size 'n' = 37

Sample mean (x⁻) = $1.192 a gallon

Sample standard deviation 'S' = $0.0436

Null hypothesis :H₀ : μ = $1.298 a gallon

Alternative Hypothesis : μ < $1.298 a gallon

Degrees of freedom : ν = n-1= 37-1=36

t₀.₀₂₅ = 1.688

Test statistic

$t = \frac{x^{-}-mean }{\frac{S}{\sqrt{n} } }$

$t = \frac{1.192-1.298 }{\frac{0.0436}{\sqrt{37} } }$

t = -14.8044

|t| = |-14.8044| > 1.688

Null hypothesis is rejected

Alternative hypothesis is accepted

Recent Gasoline surveys felt that gasoline price in Texas was significantly lower than the national average

6 0

3 years ago

Meranda works for 7 hours at $10.25 per hour. How much does she earn?

grin007 [14]

You take how much she makes and multiply it by the hours she works
10.25*7
=71.75

3 0

3 years ago

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