A development economist is studying income growth in a rural area of a developing country. The last census of the population of this area, several years earlier, showed that mean household annual income was 425 dollars, and the variance of household income was 2500 (dollarssquared). A current random sample of 100 households yields a sample mean income of $433.75. Assume that household annual incomes are approximately normally distributed, and that the population variance is known still to be 2500. Test the null hypothesis that population mean income has not increased ( H0 : "m"(greek letter) greater than equal to< 425 ) against the alternative hypothesis that it has increased ( HA :"m"(greek letter > 425 ), at a 1% level of significance.
What is the form of the rejection region?
a. Reject H0 if x < cv
b. Reject H0 if x > cv
c. Reject H0 if x < cv or if x > cv
d. Reject H0 if x = cv 3
What is the critical value?
a. 436.63
b. 433.75
c. 425
d. 437.88
What is the conclusion of the hypothesis test?
a. Accept H0
b. Reject H0 in favor of HA

Answers

Answer 1

Answer:

Reject H0 if x > cv

Step-by-step explanation:

The hypothesis :

H0 : μ ≤ 425

H1 : μ > 425

Standard deviation, s = √2500 = 50

Sample size, n = 100

xbar = 433.5

The test statistic, Z :

(xbar - μ) / s/√n

(433.5 - 425) / 50/10

Z = 8.5 / 5 = 1.7

The decision region ;

|Z| > Z0.01 ; Reject H0

From Z table ;critical value, Z0.01 = 2.33

1.7 < 2.33 ; We fail to reject then Null and conclude that thee is no significant evidence support the claim that population mean income has increased.


Related Questions

An airline flying to a Midwest destination can sell 20 coach-class tickets per day at a price of $250 and ten business-class tickets per day at a price of $750. It finds that for each $10 decrease in the price of the coach ticket, it will sell four more per day, and for each $50 decrease in the business-class price, it will sell two more per day. What prices should the airline charge for the coach and business-class tickets to maximize revenue? [Hint: Let x be the number of $10 price decreases for coach tickets and y be the number of $50 price decreases for business-class tickets, and use the methods in this example and this example for each type of car.]

Answers

Solution :

Let x = number of coach class tickets sold per day on $ 10 reduced price

y = number of the business class tickets sold per day on $ 50 reduced per price.

Number of the coach class tickets sold = 20 per day at a price of $ 250

Number of the business class tickets sold = 10 per day at a price of $ 750

Decrease in the price of coach class tickets by $ 10 increases the number of tickets sold by 4 per day

Decrease in the price of business class tickets by $ 50 increases the number of tickets sold by 2 per day.

Therefore, the coach price, p(x) = 250 - 10x

Business class price, p(y) = 750 - 50y

Coach tickets, q(x) = 2 + 4x

Business class tickets, q(y) = 6 + 2y  

Revenue R(x, y) = p(x) q(x) + q(y) q(y)

R(x, y) = (250-10x)(20+4x)+(750-50y)(6+2y)

R(x) = (250-10x)(0.4)+(20+4x)(-10)+0 = 0

1000-40x-200-40x=0

80x = 800

x = 10

R(y) = 0 + (750 - 50y)(0.2) + (6+2y)(-50) = 0

1500 - 100y+(-300-100y) = 0

200 y = 1200

y = 6

P(x) = 250 - 10(10) = $ 150

P(y) = 780-50(6) = $450

q(x) = 20 + 4(10) = 60

q(y) = 6 + 2(6) = 18

Maximum revenue = 150 x 60 + 450 x 18

                              = 9000 + 8100

                              = $ 17100

Help with #9 pleaseeee

Answers

Answer:

9' - 1.29"

Step-by-step explanation:

Total rise = 5' - 2"

Total run = 7' - 6"

1' = 12" = 1 feet = 12 inches

5' = 5 * 12 = 60"

3' = 7 * 12 = 84"

Total rise = 60" + 72" = 62"

Total run = 84" + 6" = 90"

Length of stringer = hypotenus

Hypotenus = √(total rise² + total run²)

Hypotenus = √(62² + 90²)

Hypotenus = 109.28860"

Convwrting back to feet and inches

= 9' - 1.29"

How do your write a feaction with a denominator of 20 as a decimal?​

Answers

Answer:

Step-by-step explanation:

What is 20 as a decimal? To write 20 as a decimal you have to divide numerator by the denominator of the fraction. 20 is not a fraction so it is a decimal already. And finally we have: 20 as a decimal equals 20

Select the correct answer from each drop-down menu
The table shows the number of books Lucy borrowed from the library each month for a year
Month Number of Books
Month
Number of Books
January
14
6
February
8
July
August
September
19
March
16
12
April
14
October
May
8
November
7
June
7
December
Lucy bomowed the most books in
There were months in which she borowed fewer than 10 books

Answers

Lucy borrowed the most books in August (19 is the highest number in the graph.) There are 6 months in which she borrowed fewer than 10 books (February, May, June, July, November, December.)
Tip: do not click on the links, it’s a scam. Also an easier way to get answers quicker is post the picture and then briefly explain the post and not the entire question. :) I hope that helps. Have a great day!

Answer:

6 Months where she borrowed less than 10,

and he borrowed the most books in August.

Step-by-step explanation:

How so i slove 9z-63=0

Answers

9z-63=0



Add 63 to both sides so that the equation is equal
9z=63
Divide both sides by 9 so that the equation is equal
z=7


HELP HELP HELP HELP

What is the equation of the trend line in the scatter plot ?

Answers

Answer:

y = (4/7)x + 3

Step-by-step explanation:

rise = 7 - 3 = 4

run = 7 - 0 = 7

slope = rise/run = 4/7

y-intercept = 3

---------------------

Slope intercept form is

y = mx + b

m is the slope = 4/7

b is the y-intercept  = 3

the equation is

y = (4/7)x + 3

What is the equation of the trend line in the scatter plot? The answer is Y= (4/7)x + 3

Which series is convergent? Check all that apply.
Sigma-summation Underscript n = 1 Overscript infinity EndScripts StartFraction 2 n Over n + 1 EndFraction
Sigma-summation Underscript n = 1 Overscript infinity EndScripts StartFraction n squared minus 1 Over n minus 2 EndFraction
Sigma-summation Underscript n = 1 Overscript infinity EndScripts (one-fifth) Superscript n
Sigma-summation Underscript n = 1 Overscript infinity EndScripts 3 (StartFraction 1 Over 10 EndFraction) Superscript n
Sigma-summation Underscript n = 1 Overscript infinity EndScripts StartFraction 1 Over 10 EndFraction (3) Superscript n

There are 2 correct answers

Answers

Answer:

Step-by-step explanation:

c

A woman is thrice as old as her daughter. 12 years hence, she will be twice as old as her daughter find their present age.
help me
with explanation !!!​

Answers

Answer:

Their present ages are:

Her daughter's age = 12 years Women's age = 36 years

Step-by-step explanation:

Given that:

A woman is thrice as old as her daughter. 12 years hence, she will be twice as old as her daughter.

To Find:

Their present ages.

Let us assume:

Her daughter age be x. Women's age = 3x

After 12 years:

Her daughter's age = x + 12Women's age = 3x + 12

Finding their present ages:

According to the question.

⇒ 3x + 12 = 2(x + 12)

⇒ 3x + 12 = 2x + 24

⇒ 3x - 2x = 24 - 12

⇒ x = 12

Their present ages:

Her daughter's age = x = 12 years Women's age = 3x = (3 × 12) = 36 years

Does anyone know why I can't access or see the homepage for this website?
It hasn't loaded in 20 minutes and my internet connection is fine.

Answers

I’m not positive this will work but it usually does for me. Close the tab and then search the page again and it should let you see it

If a and b are angles lying in the 2nd quadrant such that cosa= -2/3 and cscb=2 find the following sin(a+b) and tan(a+b)

Answers

Both a and b lie in the second quadrant, which means

π/2 < a < π

π/2 < b < π

for which we have both cos(a) and cos(b) negative, while both sin(a) and sin(b) are positive. We're also given that

cos(a) = -2/3

csc(b) = 2   =>   sin(b) = 1/2

Now, recall the following identities:

• sin^2(x) + cos^2(x) = 1

• sin(x + y) = sin(x) cos(y) + cos(x) sin(y)

• cos(x + y) = cos(x) cos(y) - sin(x) sin(y)

• tan(x) = sin(x)/cos(x)

Now,

sin(a + b) = sin(a) cos(b) + cos(a) sin(b)

… = √(1 - cos^2(a)) (-√(1 - sin^2(b))) + cos(a) sin(b)

* * where we take the negative square root because we expect cos(b) < 0 * *

… = - √(1 - (-2/3)^2) √(1 - (1/2)^2) + (-2/3) (1/2)

… = - √(1 - 4/9) √(1 - 1/4) - (2/3) (1/2)

… = - √(5/9) √(3/4) - 1/3

… = - (√5/3) (√3/2) - 1/3

… = -√15/6 - 1/3

… = -(√15 + 2) / 6

From the above, we know sin(a) = √5/3 and cos(b) = -√3/2. Then

cos(a + b) = cos(a) cos(b) - sin(a) sin(b)

… = (-2/3) (-√3/2) - (√5/3) (1/2)

… = √3/3 - √5/6

… = (2√3 - √5) / 6

and so it follows that

tan(a + b) = sin(a + b) / cos(a + b)

… = (-(√15 + 2) / 6) / ((2√3 - √5) / 6)

… = - (√15 + 2) / (2√3 - √5)

… = - (√15 + 2) (2√3 + √5) / ((2√3 - √5) (2√3 + √5))

… = - (2√45 + 4√3 + √75 + 2√5) / (12 - 5)

… = - (6√5 + 4√3 + 5√3 + 2√5) / 7

… = - (8√5 + 9√3) / 7

Plzzzzz help for a brainly

Answers

Answer:

20cm

Step-by-step explanation:

120/6=20

Answer:

20cm

Step-by-step explanation:

120/6 = 20

dau coroana
daca il faceti

Answers

Answer:

I give the crown

if you do

Step-by-step explanation:

Answer:

what does that mean?

Step-by-step explanation:

Two parallel lines cut by a transversal are shown. What is the measure of X"?

Answers

9514 1404 393

Answer:

  x = 10

Step-by-step explanation:

The marked angles are "alternate interior" angles, so are congruent.

  (x° +20°) = (4x° -10°)

  30 = 3x . . . . . . . . . . . . . . . divide by °, add 10-x

  10 = x . . . . . . divide by 3


will the area be the same or different?

Answers

Yes because I said so

help me please i need a lot of help

Answers

3/4 x 4
= 3/4 x 4/1
= 12/4
= 3
ms wilson walked 3 miles in 4 days

Answer: 3 or 9/12

Step-by-step explanation:

3/4 to 0.75

0.75 * 4 = 3

Consider a student loan of ​$22,000 at a fixed APR of ​%6 for 25 years.

Answers

Answer:

$33000

Step-by-step explanation:

Given data

Principal= ​$22,000

Rate= 6%

Time= 25 years

The interest to be paid is

Simple interest= PRT/100

Simple interest= 22000*6*25/100

Simple interest=3300000/100

Simple interest=$33000

Hence the total simple interest paid is $33000

Order the numbers from least to greatest 41/50, 0.83, 80%​

Answers

Answer:

80%, 41/50, 0.83

Step-by-step explanation:

80% = 0.80

41/50 = 0.82

0.83 = 0.83

What is the sum? Complete the equation.
-15 + (-15)

Answers

Answer:

-30

Hope this helps!

Convert:
5 pt 1 c= __c

Answers

I wanna say 2 is ur answer

Must show work, please helppp

Answers

i can't see the photo.

9514 1404 393

Answer:

  1/2

Step-by-step explanation:

The base of the exponent tells us the common ratio of this geometric series is 1/2. The start value of n=7 tells us the first term in the series we're evaluating is ...

  a1 = 2(1/2)^(7-4) = 2·(1/2)^3 = 2/8 = 1/4

The formula for the infinite sum of a geometric series is ...

  S = a1(1/(1-r))

Filling in the values we know, this is ...

  S = (1/4)(1/(1 -1/2)) = (1/4)(2) = 1/2

The infinite sum is 1/2.

You take out a simple interest loan with a principal of $1500. Your interest rate is
5.6% and your loan term is 4 years.
What is the total interest you will pay?
What is the total you will pay including your principal and interest?

Answers

Answer: See explanation

Step-by-step explanation:

Interest = Principal × Rate × Time

Interest = $1500 × 5.6% × 4

= $1500 × 0.056 × 4

= $336

The total amount that will be paid will be:

= Principal + Interest

= $1500 + $336

= $1836

If f(x) = 3x - 2 and g(x) = -x + 4, find (g o f)(x).

Answers

Answer:

-3x + 6

Step-by-step explanation:

(gof) = -(3x-2)+4

= -3x + 2 + 4

= -3x + 6

Domain and range

What is the Domain and Range of the Relation

y = -5

Answers

Answer:

D: {all reals}

R: {-5}

Step-by-step explanation:

the difference of four times a number and 23 is 5 less than the number. Find the number

Answers

Answer:

I think it could be 28 because 28 minis 5 is 23

Find the length of the third side. If necessary, write in simplest radical form.
3√5

Answers

Answer:

3

Step-by-step explanation:

We can use the Pythagorean thorem to solve this question

leg = [tex]\sqrt{hypotenuse^2 - leg^2} = \sqrt{(3\sqrt{5})^2 - 6^2} = \sqrt{45 -36} = \sqrt{9} = 3[/tex]

if topic A is very sensitive, while topic B is not sensitive at all, which of the following statements is most likely true when surveying people on the two topics?
A. Topic b requires an anonymous answer form, while topic A does not.
B. Both topic A and topic B require an anonymous answer form.
C. Topic A requires an anonymous answer form, while topic B does not.
D Neither topic A nor topic B requires an anonymous answer form.

Answers

Answer:

C.

Step-by-step explanation:

Most people do not want personal information about sensitive topics revealed about themselves, so Topic A requires anonymity.  

With non-sensitive topics, people are usually comfortable with revealing their identity, so Topic B doesn't require anonymity.

Find the exact circumference of a circle with the given radius.
7 feet
C=
O 771 ft.
1471 ft.
02771 ft.

Answers

Answer:

43.98

Step-by-step explanation:

i was doing a problem like that on my math paper as well

Write the linear equation that gives the rule for this table.

Answers

Answer:

f(x) = -7x + 1

Step-by-step explanation:

Slope intercept form is

y = mx + b

m is slope

b is y-intercept

--------------------------

y decreases by 7 for each increase of 1 in x

slope = -7

to find "b" plug in one of the points and m = -7

using point (3, -20)

y = mx + b

-20 = -7(3) + b

-20 = -21 + b

b = 1

The equation is

f(x) = -7x + 1

A teacher has a bag of marbles. There are 6 red, 6 blue, 8 green7 purple, and 8 yellow marbles in the bag. As the students enter the classroom, they draw a marble and keep it. If the first student in the room draws a yellowand the second draws a purple, what is the probability that the third student will draw a blue?
25%
18%
22%
33%

Answers

Answer:

18%

Step-by-step explanation:

Hope this helps :))

Answer:

the answer is 18%

hope this helps

Please help faster please

Answers

Answer
The correct Is $3.20
I think it’s $3.20 if not I’m so sorry not the best at this stuff
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