1/10 would be 0.1 dollars
Answer:
3.09
Step-by-step explanation:
divide 2.2 by 6.8 then z would equal 3.09
Answer:
0.0414 with an upper tailed test
Step-by-step explanation:
Claim: P1P1 = P2P2
The above is a null hypothesis
The alternative hypothesis for a two-tailed test would be:
P1P1 \=/ P2P2
Where "\=/" represents "not equal to".
Using a z-table or z-calculator, we derive the p-value (probability value) for the z-score 2.04
With an upper tailed test, the
2 × [probability that z>2.04] = 2[0.0207] = 0.0414
This is the p-value for the test statistic.
Focus is on the alternative hypothesis.
Answer:
0.0903
Step-by-step explanation:
Given that :
The mean = 1450
The standard deviation = 220
sample mean = 1560
P(X> 1560) = P(Z > 0.5)
P(X> 1560) = 1 - P(Z < 0.5)
From the z tables;
P(X> 1560) = 1 - 0.6915
P(X> 1560) = 0.3085
Let consider the given number of weeks = 52
Mean = np = 52 × 0.3085 = 16.042
The standard deviation =
The standard deviation =
The standard deviation = 3.3306
Let Y be a random variable that proceeds in a binomial distribution, which denotes the number of weeks in a year that exceeds $1560.
Then;
Pr ( Y > 20) = P( z > 20)
From z tables
P(Y > 20) 0.0903