Geomtry plz help 15 points

An advertising executive claims that there is a difference in the mean household income for credit cardholders of Visa Gold and

Maslowich

Answer:

Null hypothesis: $\mu_{Visa}=\mu_{Mastercard}$

Alternative hypothesis: $\mu_{Visa} \neq \mu_{Mastercard}$

$t=\frac{66970-59060}{\sqrt{\frac{9500^2}{11}+\frac{10000^2}{17}}}}=2.108$

$p_v =2*P(t_{26}>2.108)=0.0448$

Comparing the p value with the significance level given $\alpha=0.1$ we see that $p_v$ so we can conclude that we can reject the null hypothesis, and a would be a significant difference between the in the mean household income for credit cardholders of Visa Gold and of MasterCard Gold at 10% of significance .

Step-by-step explanation:

Data given and notation

$\bar X_{Visa}=66970$ represent the mean for Visa

$\bar X_{Mastercard}=59060$ represent the mean for the sample Mastercard

$s_{Visa}=9500$ represent the population standard deviation for Visa

$s_{Mastercard}=10000$ represent the population standard deviation for Mastercard

$n_{Visa}=11$ sample size for the group Visa

$n_{Mastercard}=17$ sample size for the group Mastercard

t would represent the statistic (variable of interest)

$\alpha=0.1$ significance level provided

Develop the null and alternative hypotheses for this study?

We need to conduct a hypothesis in order to check if the means for the two groups are different, the system of hypothesis would be:

Null hypothesis: $\mu_{Visa}=\mu_{Mastercard}$

Alternative hypothesis: $\mu_{Visa} \neq \mu_{Mastercard}$

Since we don't know the population deviations for each group, for this case is better apply a t test to compare means, and the statistic is given by:

$z=\frac{\bar X_{Visa}-\bar X_{Masterdcard}}{\sqrt{\frac{s^2_{Visa}}{n_{Visa}}+\frac{s^2_{Mastercard}}{n_{Mastercard}}}}$ (1)

t-test: Is used to compare group means. Is one of the most common tests and is used to determine whether the means of two groups are equal to each other.

Calculate the value of the test statistic for this hypothesis testing.

Since we have all the values we can replace in formula (1) like this:

$t=\frac{66970-59060}{\sqrt{\frac{9500^2}{11}+\frac{10000^2}{17}}}}=2.108$

What is the p-value for this hypothesis test?

First we need to calculate the degrees of freedom given by:

$df= n_{Visa}+n_{Mastercard}-2 = 11+17-2= 26$

Since is a bilateral test the p value would be:

$p_v =2*P(t_{26}>2.108)=0.0448$

Based on the p-value, what is your conclusion?

Comparing the p value with the significance level given $\alpha=0.1$ we see that $p_v$ so we can conclude that we can reject the null hypothesis, and a would be a significant difference between the in the mean household income for credit cardholders of Visa Gold and of MasterCard Gold at 10% of significance .

4 0

3 years ago

The equinoxGroup of answer choicesis when the subsolar point is at one of the tropics.is the longest day of the year at any give

Maurinko [17]

Answer:

c. has 12 hours of day and 12 hours of night for all locations

Step-by-step explanation:

The equinox is the time of the year marked by a nearly equal length of day and night. This word has a Latin root meaning which stands for equality, hence the word 'equinox'. It usually falls on March 21, and September 23 of every year. On these days the sun is above the equator.

The equinox which occurs around September happens in the Northern Hemisphere and is also known as the Fall or Autumnal equinox. Whereas, the equinox which occurs at the Southern Hemisphere is also known as the Spring or Vernal equinox. During an equinox, the tilt of the earth is perpendicular to the sun.

3 0

4 years ago

Jemina flips a disc of the type shown below: A disc with two layers is shown. The top layer is shaded in a darker shade of gray,

Yakvenalex [24]

The probability is just 1/2 that the disc will result with the white side landing up.

There are two sides to the disc. If they are equally likely to happen, then the chance of either side is 1/2. It does not matter which number the flip is.

6 0

3 years ago

Solve for rate in the following application problem. A company reports that office income last month was $315,400, while adver

icang [17]

Answer:

6.8%

Step-by-step explanation:

$\frac{21447.20}{315400}$ When you divide this, you get 0.068. This is in decimal form. To change to a percent move the decimal to places to the right 6.8%

8 0

2 years ago

HEEEEEEEEELP MEEE PLSSSS ꧁(◕╱╲◕)꧂

enyata [817]

Answer:

b

Step-by-step explanation:

6 0

3 years ago