Customers at Costco spend an average of $130 per trip (The Wall Street Journal, October 6, 2010). One of Costco's rivals would like to determine whether its customers spend more per trip. A survey of the receipts of 25 customers found that the sample mean was $135.25. Assume that the population standard deviation is $10.50 and that spending follows a normal distribution.A. Specify the appropriate null and alternative hypotheses to test whether average spending at the rival's store is more than $130.B. Calculate the value of the test statistic.C. Calculate the p-value. D. Calculate the critical value

Answers

Answer 1

Answer:

A. The null hypothesis is [tex]H_0: \mu = 130[/tex].

The alternative hypothesis is [tex]H_a: \mu > 130[/tex]

B. The value of the test statistic is [tex]t = 1[/tex]

C. The p-value is of 0.1636.

D. The critical value is [tex]t_c = 1.711[/tex]

Step-by-step explanation:

Question a:

Customers at Costco spend an average of $130 per trip (The Wall Street Journal, October 6, 2010). One of Costco's rivals would like to determine whether its customers spend more per trip.

At the null hypothesis, we test if the mean is the same as Costco's, that is:

[tex]H_0: \mu = 130[/tex]

At the alternative hypothesis, we test if the mean is more than 130, that is:

[tex]H_a: \mu > 130[/tex]

B. Calculate the value of the test statistic.

The test statistic is:

We have the standard deviation for the sample, so the t-distribution is used to solve this question.

[tex]t = \frac{X - \mu}{\frac{s}{\sqrt{n}}}[/tex]

In which X is the sample mean, [tex]\mu[/tex] is the value tested at the null hypothesis, s is the standard deviation and n is the size of the sample.

130 is tested at the null hypothesis:

This means that [tex]\mu = 130[/tex]

A survey of the receipts of 25 customers found that the sample mean was $135.25. Assume that the population standard deviation is $10.50 and that spending follows a normal distribution.

This means that [tex]n = 25, X = 135.25, s = 10.50[/tex]

Then

[tex]t = \frac{X - \mu}{\frac{s}{\sqrt{n}}}[/tex]

[tex]t = \frac{135.25 - 130}{\frac{10.50}{\sqrt{25}}}[/tex]

[tex]t = 1[/tex]

The value of the test statistic is [tex]t = 1[/tex]

C. Calculate the p-value.

Test if the mean is more than a value, so a right-tailed test.

Sample of 25, so 25 - 1 = 24 degrees of freedom.

Test statistic of t = 1.

Using a t-distribution calculator, the p-value is of 0.1636.

D. Calculate the critical value

24 df, using the standard 0.05 significance level.

Using a critical value calculator, the critical value is [tex]t_c = 1.711[/tex]


Related Questions

Help mew with this please

Answers

Step-by-step explanation:

There are many ways

-1 - 1 = - 2

-5 + 3 = -2

Answer:

(-3+1) and 1,000,000+(-1,000,002)

The numbers 1, 2, 3 , and 4 are drawn one at a time from the set {0, 1, 2, …, 9}. If these four numbers are drawn with replacement, what is the probability that 14 − 23 is an even number?

Answers

20565678764578900764213579098764

How many years (to two decimal places) will it take $15000 to grow to $17500 if it is invested at 8% compounded semi- annually?

Answers

Answer:

1.97 years

Step-by-step explanation:

First, convert R as a percent to r as a decimal

r = R/100

r = 8/100

r = 0.08 per year,

Then, solve the equation for t

t = ln(A/P) / n[ln(1 + r/n)]

t = ln(17,500.00/15,000.00) / ( 2 × [ln(1 + 0.08/2)] )

t = ln(17,500.00/15,000.00) / ( 2 × [ln(1 + 0.04)] )

t = 1.965 years

:D

I need help ASAP!!!!

Answers

Step-by-step explanation:

Kindly find 4 attached files

The proportionality is determined by the lines that only passes through the origin

And all the lines drawn are passing through the origin

So by either one of the 2 ways

By using rule of direct variation y=kx that has no y intercept

Or by finding the equation of straight line and find the slope with neglecting the y intercept since it's 0

from first principle , find the derivative of y = x³ + 3x² - 5x

Answers

Answer:

y' = 3x² + 6x - 5

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Algebra I

FunctionsFunction Notation

Calculus

Derivatives

Derivative Notation

Basic Power Rule:

f(x) = cxⁿ f’(x) = c·nxⁿ⁻¹

Step-by-step explanation:

Step 1: Define

Identify

y = x³ + 3x² - 5x

Step 2: Differentiate

Basic Power Rule:                                                                                             y' = 3x³⁻¹ + 2 · 3x²⁻¹ - 1 · 5x¹⁻¹Simplify:                                                                                                             y' = 3x² + 6x - 5

Topic: AP Calculus AB/BC (Calculus I/I + II)

Unit: Derivatives

Book: College Calculus 10e

In the coming year, a vehicle manufacturer has decided to manufacture 150 vehicles per day. The function v = 150d represents the company’s production for the coming year, v, with respect to the number of days, d.

The rate of change of the function representing the number of vehicles manufactured for the coming year is , and its graph is a . So, the function is a function.

Answers

Given:

v = 150d

v represents company's production for the coming year

d represents the number of days

150 is the daily production

The rate of change of the function representing the number of vehicles manufactured for the coming year is CONSTANT (150) , and its graph is a STRAIGHT LINE . So, the function is a LINEAR function.

I hope this helps!

Answer:

v = 150d

v represents company's production for the coming year

d represents the number of days

150 is the daily production

5
21. The average of 5 consecutive integers starting with m
as the first integer is n. What is the average of 9
consecutive integers that start with m+2?
A) m + 4
B) n + 6
C) n+ 4
D) m + 5

Answers

Answer:

n + 4

Step-by-step explanation:

Given

⅕(m + m + 1 + m + 2 + m + 3 + m + 4) = n

Required

⅑(m + 2 + m + 3 +.......+ m + 10)

We have:

⅕(m + m + 1 + m + 2 + m + 3 + m + 4) = n

Multiply both sides by 5

m + m + 1 + m + 2 + m + 3 + m + 4 = 5n

Collect like terms

m + m + m + m + m = 5n - 1 - 2 - 3 - 4

5m = 5n - 10

Divide both sides by 5

m = n - 2

So, we have:

⅑(m + 2 + m + 3 + m + 4 + m + 5 + m + 6 + m + 7 + m + 8 + m + 9 + m + 10)

Collect like terms

= ⅑(m+m+m+m+m+m+m+m+m+2+3+4+5+6+7+8+9+10)

= ⅑(9m + 54)

= m + 6

Substitute n - 2 for m

= n - 2 + 6

= n + 4

Help me pls this is hard

Answers

Answer:

I guess it is the Answer C

Answer:

C

The distance around the edge of the circle

k+9=7..................................................

Answers

Answer:K=-2

Step-by-step explanation:

becuase you do the opposite of +9 which is -9 and you do 7-9 which is -2 so K=-2

What is 4+1 lets see how smart u sre

Answers

Answer:

its legit 5

Step-by-step explanation:

Answer:

Very tricky question..

4 + 1 is 5 because you have written 4+1 not 4 1

so 5 is correct answer

Step-by-step explanation:

hope it helps

I NEED HELP WITH THIS, THANKS

Answers

9514 1404 393

Answer:

  g(x) = 3|x|

Step-by-step explanation:

Each value of g is 3 times the corresponding value of f:

  g(x) = 3·f(x)

  g(x) = 3|x|

Benecio skis 748 yd in 3 min. At this rate, how many miles does Benecio ski in an
hour in miles?

Answers

Answer:

8.5 miles an hour.

Step-by-step explanation:

There are many ways to do this, but I am going to do it the way I think is the most simple.

First, divide 748 yards by 3 minutes to get the amount of yards per minute. 748 / 3 = 249.33333

Second, divide the previously gotten number (249.33333, [3's go on forever]) by the amount of yards in a mile (which is 1760 yards per mile). This turns into 249.33333 / 1760 = 0.1416666 (6's go on forever). This is miles per minute so you must make it per hour.

You then multiply that infinite number by the amount of minutes in an hour (60 minutes per hour). 0.14166666 * 60 = 8.5 miles per hour.

An auto insurance company concludes that 30% of policyholders with only collision coverage will have a claim next year, 40% of policyholders with only comprehensive coverage will have a claim next year, and 50% of policyholders with both collision and comprehensive coverage will have a claim next year. Records show 60% of policyholders have collision coverage, 70% have comprehensive coverage, and all policyholders have at least one of these coverages. Calculate the percentage of policyholders expected to have an accident next year.

Answers

Answer:

40% of policyholders are expected to have an accident next year

Step-by-step explanation:

Given the data in the question;

P( collision coverage ) = 60% = 0.6

P( comprehensive coverage ) = 70% = 0.7

Now, we make use of the Law of addition of probability, so

P( collision coverage and comprehensive coverage ) = P( collision coverage )  + P( comprehensive coverage ) - P( collision coverage or comprehensive coverage )

P( collision coverage and comprehensive coverage )  = 0.6 + 0.7 - 1

P( collision coverage and comprehensive coverage ) = 0.3

Now,

P( comprehensive coverage only ) = P( comprehensive coverage ) - P( collision coverage and comprehensive coverage )

P( comprehensive coverage only ) = 0.7 - 0.3

P( comprehensive coverage only ) = 0.4

And

P( collision coverage only) = P( collision coverage ) - P( collision coverage and comprehensive coverage )

P( collision coverage only) = 0.6 - 0.3 = 0.3

Next  we make use of the Law of total probability;

P( accident ) = [P( accident ║ collision coverage only) × P( collision coverage only)] + [P( accident ║ comprehensive coverage only) × P( comprehensive coverage only)] + [P( accident ║ collision coverage and comprehensive coverage only) × P( collision coverage and comprehensive coverage only)]

so we substitute in our values;

P( accident ) = [ 30% × 0.3 ] + [ 40% × 0.4 ] + [ 50% × 0.3 ]

P( accident ) = [ 0.3 × 0.3 ] + [ 0.4 × 0.4 ] + [ 0.5 × 0.3 ]

P( accident ) = 0.09 + 0.16 + 0.15

P( accident ) = 0.4 or 40%

Therefore,  40% of policyholders are expected to have an accident next year

Find cos 0.
53
45
28

Answers

the answer is A. 28/53

Carly withdraws $18 from her bank account. Which number line represents this amount?

Answers

I believe the correct answer is the last number line

Write .125 as a fraction reduced to lowest terms.

Answers

Answer:

125 as a fraction is 1/8.

0.125 = 125/1000. We can reduce this to lowest terms by dividing the numerator and denominator by 125 to get the equivalent fraction 1/8.

Step-by-step explanation:

hey mate hope it cleared your problem!!

3. What shape is a prism?

Answers

Answer:rectangular

Step-by-step explanation:

Answer:

TRIANGULAR

Step-by-step explanation:

A prism is a triangular-shaped piece of glass. The white light that reaches the prism contains all of the colors of the visible spectrum even though you can’t see them. As the white light passes through the edge or boundary of the prism, the light waves refract. Each of the different wavelengths contained in the white light refracts differently and results in a different color. The white light is broken up by the prism into all the colors of rainbow. The longest wavelength bends (refracts) the least and is red. The shortest wavelength bends the most and is violet.

Choose the inequality that repersents the following graph

Answers

Answer:

B. x</=-3

Step-by-step explanation:

the arrow is pointed to the left which means less than and the end is shaded which means or equal to

Interpret the 95% confidence interval for average BMI. What do the lower and upper bounds of the confidence interval tell us?

Answers

Answer:

(26.2252 ; 27.3748)

Step-by-step explanation:

The confidence interval is given by :

x ± Margin of error

The margin of error = Zcritical * (σ/√(n))

σ = 7.5 ; n = 654

Zcritical = Zα/2 = 1.96

The margin of error = 1.96 * (7.5/√654) = 0.5748

The confidence interval :

Upper boundary = 26.8 + 0.5748 = 27.3748

Lower boundary = 26.8 - 0.5748 = 26.2252

(26.2252 ; 27.3748)

We are 95% confident that the mean BMI of the entire population will fall in between (26.2252 ; 27.3748)

\A and \B are supplementary angles. If m\A= (3x – 23) and m
\B = (2x – 12), then find the measure of \B.

Answers

2 supplementary angles when added together need to equal 180 degrees.

Add:

3x-23 + 2x-12 = 180

Simplify:

5x -35 = 180

Add 35 to both sides:

5x = 215

Divide both sides by 5:

X = 43

Now replace x with 43 in the equation for angle b:

2(43) -12 = 86-12 = 74 degrees

Angle B = 74 degrees

calculate the volume of each cone. Use 3.14 for π. Round answers to the nearest hundredth if necessary.​

Answers

Answer:

πr of length

»» 3.14 x (5)²

»» 3.14 x 30 = 94.2cm²

πr of base

»» 3.14 x (4)²

»» 3.14 x 16 = 50.24cm²

Length x base

»» 94.2cm² x 50.25cm²

A= 4733.55cm²

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Review the graph of function h(x).
Which point is on the graph of the inverse function

Answers

Answer:e so ir no tradutor

Step-by-step explanation:

There are 38 Legs in a group of goat and hens. How many goats and hens are there?
1) 13 Goats , 3 hens
2) 11 goats ,3hens
3) 7 goats,3 hens
4) 8 goats,3 hens

Answers

Answer:

4)8 goats, 3 hens.

Step-by-step explanation:

8*4=32

3*2=6

32+6=38

(4x+ 5 = 20
Which best describes the circled part of the statement?
Expression
Coefficient
Term
Variable

Answers

Answer:

B) Coefficient.

Step-by-step explanation:

The coefficient is the numerical constant in the given term.

For example, the given term is 4x, in which:

4 is the coefficient.

x is the variable.

5 is the constant.

20 is another constant.

~

need help with algebra question ‼️

Answers

Answer:

c

Step-by-step explanation:

There are three types of variations.

1. Direct

2. Inverse

3. Joint

There is positive proportionality is two variables are positively related to each other.

The equation for direct proportionality =

y = bx

where y = dependent variable

b = constant

x = independent variable

if two variables vary inversely, there is a negative relationship between both variables. the increase in one variable leads to a decrease in the other variable

the equation that represents inverse proportion :

 where b = constant of proportionality

Joint variation occurs when the dependent variables value is determined by two or more values

For example, the volume of a cylinder is dependent on the value of the radius and height

Write a ratio for the following description: For every 6 cups of the flour in a bread recipe, there are two cups of milk.​

Answers

it can be 6:2 or simplified as 3:1

Jerry borrow $35,00 for 3 years at 7 1/2% simple interest rate how much interest rate he have to pay​

Answers

Answer:

787.50

Step-by-step explanation:

interest=principle*rate*time/100

interest=3500*7.5*3/100

interest=35*7.5*3

interest=787.50

This is a 30-60-90 triangle. What is the measure of x? rationalize the denominator.

Answers

Answer:

[tex] x=\frac{[2] \sqrt {[21] }}{[3] }[/tex]

Step-by-step explanation:

Since, given is a 30°-60°-90° triangle.

[tex] \therefore \sqrt 7 = \frac{\sqrt3}{2} \times x[/tex]

[tex] \therefore 2\sqrt 7 = \sqrt3 \times x[/tex]

[tex] \therefore x=\frac{2\sqrt 7}{\sqrt 3}[/tex]

[tex] \therefore x=\frac{2\sqrt 7(\sqrt 3)}{\sqrt 3(\sqrt 3)}[/tex]

[tex] \huge \therefore x=\frac{[2] \sqrt {[21] }}{[3] }[/tex]

Charlie wants to order lunch for his friends. He'll order 6 sandwiches and a $3 kid's meal for his little brother. Charlie has $27. How much can he spend on each sandwich if they are all the same price?

i need equation and awnser plz :)

Answers

Answer:

Step-by-step explanation:

Charlie has $27

He spent $3 for kid's meal for his little brother

Remaining money=27-3=$24

Number of Sandwiches he wants to buy = 6

Money he needs to pay for each sandwich = 24/6 = $4

Answer:

a) Answer: $4 or less

b) Inequality: 6x + 3 ≤ 27

Step-by-step explanation: took the quiz and got it right!

With the growth of internet service providers, a researcher decides to examine whether there is a correlation between cost of internet service per month and degree of customer satisfaction (higher scores mean high satisfaction). The researcher only includes programs with comparable types of services. Calculate the Pearson's correlation coefficient for the dataset below and interpret what that means.

Answers

Answer:

The correlation is 0.373 . There is a moderate positive linear association between Dollars and Satisfaction.

Step-by-step explanation:

Given the data:

Dollars Satisfaction

70.99 32

76.01 34

67.24 27

69.33 17

67.59 23

74.06 29

76.04 25

72.63 31

68.01 26

67.98 31

Using technology, the Pearson correlation Coefficient calculator ; we can obtain the Pearson correlation Coefficient is 0.3729

Interpretating this value, a correlation Coefficient value of 0.3729 is positive, this means a positive linear relationship exists between the values. Also 0.3729 is closer to 0 than 1 ; this mean that the strength of their relationship is moderate to weak .

Hence, a correlation Coefficient value of 0.3729 means that a weak positive relationship exists between dollar and satisfaction

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