A bank compares two proposals to increase the amount that its credit card customers charge on their cards. (The bank earns a percentage of the amount charged, paid by the stores that accept the card). Proposal A offers to eliminate the annual fee for customers who charge $2,400 or more during the year. Proposal B offers a small percent of the total amount charged as a cash rebate at the end of the year. The bank offers each proposal to an SRS of 150 of its existing credit card customers. At the end of the year, the total amount charged by each customer is recorded. Here are the summary statistics:
Group n x s
A 150 $1,987 $392
B 150 $2,056 $413
A) Do the data show a significant difference between the mean amounts charged by customers offered the two plans?
B) The distributions of amounts charged are skewed to the right, but outliers are prevented by the limits that the bank imposes on credit balances. Do you think that skewness threatens the validity of the test? Explain.

Answers

Answer 1

Answer:

a) There is no  significant difference between the mean amounts charged

b) The skewness threatens the validity of the test

Step-by-step explanation:

Given data:

Group         n          x              s

 A              150    $1,987     $392

 B              150    $2,056    $413

n1 = n2 = 150

x1 = 1987

x2 = 2056

s1 = 392

s2 = 413

∝ = 0.05

Attached below is the detailed solution

A Bank Compares Two Proposals To Increase The Amount That Its Credit Card Customers Charge On Their Cards.

Related Questions

Please answer!! Name this angle

Answers

Answer:

right and complementary  its not Acute

Step-by-step explanation:

What is the equation of the line that passes through the point (5, -6) and has a
slope of 3/5

Answers

Answer:

y = 3/5x + -9

or y = 3/5x - 9

Step-by-step explanation:

Since you are already given the slope for this equation all you have to do is plug in the ordered pair in this equation: y = mx+b

Here is what this equation stands for:

y = the y in the order pair you are given, in this case it would be -6

m = This is the slope, sometimes you may not be given the slope so you would have to find it, but in this case, you are given it, the slope is 3/5

x = the x in the ordered pair you are given, in this case it would be 5

b = This is the y-intercept, you will mostly be solving for this most of the time

(5,-6)

(x, y)

y = mx+b (Use this Formula)

-6 = 3/5(5) +b (The numbers have been substituted within the formula)

-6 = 3+b (simplify the equation by multiplying the slope by the x)

-6-3 = b ( once simplified the left side of the equation, go to the right side, but remember when you do that you have to change the sign because you are eliminating 3 on the left side completely, "what you do on one side, do it to the other side")

-9 = b (solve)

y = 3/5x + -9 (plug in the slope and B(y-intercept) within the formula - y = mx+b, make sure that you are not plugging in x and y for this step)

I Hope This Helped You Understand this Problem Better/More!!! Stay Safe and Healthy!

If one earthquake is 31 times as intense as another, how much larger is its magnitude on the Richter scale?

Answers

Answer:

If one earthquake is 31 times as intense as another, how much larger is its magnitude on the Richter scale? The larger earthquake was 1.49 larger on the Richter scale.

Step-by-step explanation:

i hope it help

Is this correct?
Thank you!

Answers

Answer:

yes .it is totally correct

A scientist is investigating whether percent concentration can be used to predict density in apple juice. A scientist selected a random sample of 12 apple juice varieties and recorded the density, in pounds per cubic inch, and the percent concentration of each apple juice variety. The scientist wants to estimate the mean change in the density, in pounds per cubic inch, for each increase of 1 percent concentration of apple juice. Assuming the conditions for inference have been met, which of the following inference procedures is most appropriate for this investigation?

a. A linear regression t-interval for slope.
b. A matched-pairs t-interval for a mean difference.
c. A two-sample t-interval for a difference between means.
d. A one-sample t-test for means.
e. A two-sample z-interval for a difference between proportions

Answers

Answer:

The most appropriate inference procedure for the investigation is;

a. A linear regression t-interval for the slope

Step-by-step explanation:

Given that the slope of an horizontal line is zero, we have that there is no change in the y (dependent) variable when there is a change in the x-variable, therefore, it is important to find the true relationship between the two variables, 'x', and 'y'

The confidence interval of the slope is calculated and analyzed to determine if it excludes or includes, 0, such that, if the confidence interval exclude 0, then, it is unlikely that the slope is 0, therefore, there the relationship between the variables, 'x', and 'y' is significant

Therefore, a linear regression t-interval for the slope is most appropriate.

PLEASE HELP WILL MARK BRAINLIEST IF CORRECT
A farm is to be built in the shape of Quadrilateral ABCD, as shown below. All four sides are equal.

A rhombus ABCD is shown with diagonal AC equal to 16.8 feet and diagonal BD equal to 11.9 feet

What is the area of the farm?

57.4 square feet
99.96 square feet
114.8 square feet
133.28 square feet

Answers

Answer:

99.96

but trust me I'm bad with big numbers but I think this ones right.

Answer:

99.96

Step-by-step explanation:

Question 14 of 17
Pls help I’m failing
The following figures show the first two steps of a proof of the Pythagorean
theorem. Which of the following statements about this proof is false?

Answers

Answer:d

Step-by-step explanation:

I’m smart trust me

Which statements are true about the figure? Check all that apply,
The figure is a triangular prism,
The figure is a rectangular pyramid,
The figure has 6 vertices,
The figure has 6 faces,
The figure has 9 edges,
WILL MARK 5 STARS PLEASE SOS

Answers

it’s a triangular prism

has 6 vertices

someone help me ASAP

Answers

Answer:

><><><><><

Step-by-step explanation:

...

hi! I hope you are okay, what do you need help with????? Pls mark brainliest to make me happy!!!!

can someone give me this pls ???

Answers

Answer:

49 units

Step-by-step explanation:

The units on the other 3 sides (this is excluding the slanted portion ofc.)

would add up to 36.

Now you only left with doing the slanted portion of the shape. We must use pythagorean theorem to solve for the slanted portion. The longer leg, 12 units long. Just count from the point (18,4) and then stop at (18,16) it stops on the same line as the point (13,16)

Leg B=12

Leg A=5

Leg C=?

[tex]a^2+b^2=c^2[/tex]

25+144=196

Then square root  169. You will get 13

36+13=49

25 POINTS + BRAINLIEST

PLEASE HELP ME

Answers

Answer:

C) 46

Step-by-step explanation:

20 + 6 + 8 + 12 = 46

I was doing my homework when I come across this question, it says "substitute each given value of the variable to find which, if any, is a solution of the inequality." what does this mean?​

Answers

Answer:

Step-by-step explanation:

Perimeter (P) of the quarter circle is the curve + both sides.

Perimeter of the curve

Perimeter of the sides

2 sides = 2r

Step-by-step explanation:

The length of a rectangle is 1 more than twice the width. The area of the rectangle is given by the formula A = l × w. Which of the following equations could be used to find the area?
A)

A = 2w2 + w

B)

A = w2 + 2w

C)

A = 2w2

D)

A = 3w

Answers

The area of the rectangle will be given as Area = 2W² + W. Then the correct option is A.

What is a rectangle?

It is a polygon with four sides. The total interior angle is 360 degrees. A rectangle's opposite sides are parallel and equal, and each angle is 90 degrees. Its diagonals are all the same length and intersect in the center.

The length of a rectangle is 1 more than twice the width.

The area of the rectangle is given by the formula A = L x W.

Then the area of the rectangle will be

The relation between the length and width is given below.

L = 2W + 1

Then the area will be

Area = L x W

Area = (2W + 1)W

Area = 2W² + W

More about the rectangle link is given below.

https://brainly.com/question/10046743

#SPJ1

Someone please explain how to do this!!

Answers

Answer:

o because the square is not of 4

45 is the area bc you divide the shape into a triangle and a rectangle and get the area of both and then add them together

Use the volume formula to find the volume of the prism. (look at the pic for the options)

Answers

Answer:

not stealing points but do not go on that website. totally fraud smh

Snow Play Ski Park costs $35 entry fee and then $5 per hour. If you have $60, how long can you be at Snow Play Ski Park?
Part A - Identify the independent and dependent variables.

Answers

Answer:

You can be in the snow play ski park 5hours

Step-by-step explanation:

First 60$ - 35$=25$

1h=5$

2h=10$

3h=15$

4h=20$

5h=25$

So you can pay 35$ for the snow play ski park and then you can be there 5hours.So 35$ for the entry+25$ for the 5 hours=60$

PS:Can I be a brainliest pls. And have a nice day and sry for my english i m not so good but i wanted to help you.cya

The answer is 60$ because the pro under me answered it

#2 What is 18.082 rounded to the nearest whole number?

Answers

Answer:

18

Step-by-step explanation:

In one year, a government collected about $6250 per person in taxes. If the population was 270,000,000, how much did the government collect in taxes that year?

Answers

Answer:

1,687,500,000,000

Step-by-step explanation:

1) 270,000,000 x 6250

To compare two products such as colas, a random sample is selected to taste two types of colas (A and B). Each selected subject tastes both colas and selects his/her preferred cola. What sample size would be needed to ensure that the margin of error in the brand preference is less than 5 percentage points in more than 95% of experiments

Answers

Answer: The sample size would be needed = 385

Step-by-step explanation:

Let p be the prior population proportion.

Margin of error = E

When not estimate of p is given , the formula to calculate the minimum sample size n = [tex]0.25(\dfrac{z^*}{E})^2[/tex] , where z* = critical value for given confidence interval.

Here z* for 95% confidence level is 1.96.

E=5%=0.05

Then [tex]n=0.25(\dfrac{1.96}{0.05})^2\approx385[/tex]

Hence, the sample size would be needed = 385

Samir and Christian had a total of 360 marbles Samir lost 28 marbles while Christian brought 18 more marbles both of them had an equal number of marbles in the end how many marbles did Samir have at the beginning ​

Answers

The answer to question is whether you want me some of your questions about the question of the answer to answer question i question is the B.

Step-by-step explanation:

Marbles altogether = 360

Marbles Samir Lost = 28

360 - 28 = 332

Marbles Christian bought 18

332 + 18 = 350

Marbles both had in the end = 350 ÷ 2 = 175

Marbles Samir have at the beginning = 175 + 28 = 203

Answer = 203

What simplified ratio correctly compares 36 inches to 4 feet?


Drag and drop the appropriate numbers into the boxes.

:
2 3 4 6 9 36

Answers

Answer:

3/4 or 3-4

.......................

State the hypothesis and the conclusion in each conditional statement.

26. If you are a basketball player, then you are at least 5’9” tall.

27. If three points lie on a line, then they are collinear.

28. If you are 13 years old, then you are a teenager.

29. 9x=36 implies x=4.

30. A =+~ B only if mA =+~mB ( I can’t type it so please look at the picture instead )

You don’t have to do all this if you don’t want to, you can help me by doing at least one.
Thank youuuuuu :) <3

Answers

Step-by-step explanation:

Hypothesis - Statement following the word 'Íf'

Conclusion - Statement after the word 'Then'

26. If you are a basketball player, then you are at least 5’9” tall.

Hypothesis - If you are a basketball player

Conclusion - then you are at least 5’9” tall.

27. If three points lie on a line, then they are collinear.

Hypothesis - If three points lie on a line

Conclusion - then they are collinear.

28. If you are 13 years old, then you are a teenager.

Hypothesis - If you are 13 years old

Conclusion - then you are a teenager.

29. 9x=36 implies x=4.

Hypothesis -  9x=36

Conclusion - x=4

30. A =+~ B only if mA =+~mB

Hypothesis - if mA =+~mB

Conclusion - A =+~ B

Compare the number of black stars to the number of white
stars.
Black Stars
3
12
18
24
White Stars
2
8
12
?
If the ratio remains the same, how many white stars will
there be if there are 24 black stars?
OA) 16
OB) 18
OC) 20
OD) 27

Answers

Answer:

OA) 16

Step-by-step explanation:

? = 16

Since the number of White stars is 2/3 of the number of Black Stars, you would do 24 x 2/3 = 48/3 = 16

OR

24 x 2/3 = 8 x 2 = 16

Hope that helps!

Answer:

16 white stars

Step-by-step explanation:

3x8=24

2x8=16

Harley read 5 books in january, 8 books in february, 4 books in march and 7 books in april. what is the average number of books harley reads per month

A: 7
B: 6
C: 6.5
D: 3

Answers

Answer:

B: 6

Step-by-step explanation:

Find the mean:

5+8+4+7= 24

24/4=6

A pool measuring 8 meters by 28 meters is surrounded by a path of uniform width,
as shown in the figure. If the area of the pool and the path combined is 800 square
meters, what is the width of the path?
8 + 2x
8
28
28 + 2x
ts

Answers

Answer:

6

Step-by-step explanation:

The wide of the path is 28 + 2x

What is surface area?

The area is the sum of the areas of all its faces.

The areas of the base, top, and lateral surfaces i.e all sides of the object. It is measured using different area formulas and measured in square units and then adding all the areas.

The area of a solid object is a measure of the total area that the surface of the object covers.

area of the pool = 8 * 28 meteres²

total area of pool and path = 800 meteres ²

The width of the path is = 800 - 224

                                    = 576 meters ²

Learn more about the area here:-https://brainly.com/question/25292087

#SPJ2

if qs represents an angle bisector solve for x I need help with this​

Answers

Answer:

40.5

Step-by-step explanation:

Since QS is an angle bisector then PQs and SQR are similar. Using the similarity theorem;

PQ/PS = QR/SR

45/20 = x/18

Cross multiply

20x = 45 * 18

20x = 810

x = 810/20

x = 40.5

Hence the value of x is 40.5

Joanne is buying a pair of shoes in Europe the length of her foot is 27.5cm

Answers

Answer:

42-43 Euro size

Step-by-step explanation:

it is a 9.5 in American so that is the size converted to Euro (42-43).

I don't know if that helped I cant say for sure it is correct.

1. The pollution level in the center of a city at 6 am is 30 parts per million and it
grows in linear fashion by 25 parts per million every hour. If y is pollution
and t is time elapsed after 6 am, determine:
a. The equation that relates y with t.
b. The pollution level at 4 o'clock in the afternoon​

Answers

Answer:

a) [tex]y(t) = 30 + 25t[/tex]

b) The pollution level at 4 o'clock in the afternoon​ is of 280 parts per million.

Step-by-step explanation:

The pollution level in the center of a city at 6 am is 30 parts per million and it grows in linear fashion by 25 parts per million every hour.

This means that the pollution in t hours after 6 am is given by:

[tex]y(t) = 30 + 25t[/tex], which is the answer to question a.

b. The pollution level at 4 o'clock in the afternoon​

4 in the afternoon is 10 hours after 6 am, so this is y(10).

[tex]y(10) = 30 + 25*10 = 30 + 250 = 280[/tex]

The pollution level at 4 o'clock in the afternoon​ is of 280 parts per million.

Yohanna swam y yards yesterday. Sheylin swam 5 yards less than half the amount of yards as Yohanna. Write and expression that represents the number of yards Sheylin swam yesterday. Example : #W

Answers

I don’t understand the question can you give more details

Solving systems of two linear equations by adding the equations together is called​

Answers

Addition elimination.

This method is used to eliminate one of the two variables in the equations. This makes it easier to solve for the remaining variable.
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