Answers: 3
Mathematics, 22.06.2019 01:30
Acell phone company offers two plans to its subscribers. at the time new subscribers sign up, they are asked to provide some demographic information. the mean yearly income for a sample of 40 subscribers to plan a is $45,000 with a standard deviation of $9,200. for a sample of 25 subscribers to plan b, the mean income is $64,300 with a standard deviation of $7,100. at the 0.025 significance level, is it reasonable to conclude the mean income of those selecting plan b is larger? assume unequal population standard deviations. hint: for the calculations, assume the plan a as the first sample. what is the decision rule? (negative amount should be indicated by a minus sign. round your answer to 3 decimal places.) compute the value of the test statistic. (negative amount should be indicated by a minus sign. round your answer to 2 decimal places.) what is your decision regarding h0 ? reject h0 fail to reject h0 compute the p-value. less than 0.01 between 0.01 and 0.025 between 0.025 and 0.05 between 0.05 and 0.10 greater than 0.10
Answers: 3
Mathematics, 22.06.2019 03:00
Rose and andrew are financing $128,000 to purchase a condominium. they obtained a 15-year, fixed-rate loan with a rate of 5.05%. they have been given the option of purchasing up to four points to lower their rate to 4.81%. how much will the four points cost them?
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Mathematics, 22.06.2019 03:40
Assume that females have pulse rates that are normally distributed with a mean of mu equals 72.0 beats per minute and a standard deviation of sigma equals 12.5 beats per minute. complete parts (a) through (c) below. a. if 1 adult female is randomly selected, find the probability that her pulse rate is between 65 beats per minute and 79 beats per minute. the probability is? b. if 16 adult females are randomly selected, find the probability that they have pulse rates with a mean between 65 beats per minute and 79 beats per minute. the probability is? c. why can the normal distribution be used in part (b), even though the sample size does not exceed 30?
Answers: 3
4.5% of what number is 99?...
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