Answer:
Option C is correct.
The test statistic for this question is -3.13
Step-by-step explanation:
To compute the z-test statistic, the formula is given as
z = (x - μ₀)/σₓ
x = p = sample proportion of the 500 college students sampled, that favor reducing the deficit using only spending cuts with no tax increase = (75/500) = 0.15
μ₀ = p₀ = the proportion to be compared against, that is, the proportion of Americans that favor reducing the U.S. budget deficit by using spending cuts only, with no tax increases = 20% = 0.20
σₓ = standard error of the sample proportion = √[p(1-p)/n]
p = 0.15
n = Sample size = 500
σₓ = √[0.15×0.85/500] = 0.01597
z = (0.15 - 0.20) ÷ 0.01597
z = -3.13
Hope this Helps!!!
Answer: $6.48
Step-by-step explanation:
1.60 * 0.1 = $0.16
1.60 - 0.16 = $1.44
1.44 * 4.5 = $6.48
2=5-3 so the answer is (2, 5)
