Answer:
a) 0.4770
b) 3.9945
c) z-statistics seem a large value
Step-by-step explanation:
<u>a. Find the standard deviation of the sample proportion based on the null hypothesis</u>
Based on the null hypothesis:
: 0.35
and the standard deviation σ =
=
≈0.4770
<u>b. Find the z statistic</u>
z-statistic is calculated as follows:
z=
where
- X is the proportion of employees in the survey who take advantage of the Credit Union (
)
is the proportion in null hypothesis (0.35)- s is the standard deviation (0.4770)
- N is the sample size (300)
putting the numbers in the formula:
z=
= 3.9945
<u>c. Does the z statistic seem like a particularly large or small value?</u>
z-statistics seem a large value, which will cause us to reject the null hypothesis.
Answer:
500
All of the above
paying your balances off in full
make credit card purchases that you know you can pay back within a month
0% interest for 1 year and 12% interest after that
0% interest for 1 year and 12% interest after that
paying your balances off in full
all of the above
Step-by-step explanation:
Answer:
second option 3 squares to 6 circles
Step-by-step explanation:
Answer: x > 3
Step-by-step explanation:
In order to find x, we must isolate it first.
Add one to both sides. It's now 4x < 12.
Now we divide both sides by 4, remember that every time we divide or multiply we must flip the inequality symbol.
The final answer is x > 3