Rao's Finance claims that less than 50% of adults in Suva have a will. A will is a legal document that sets forth your wishes regarding the distribution of your property and the care of any minor children. If you die without a will, those wishes may not be carried out. To substantiate the claim, a random sample of 1000 adults showed that 450 of them have a will. A. At the 5% significance level, can you conclude that the percentage of people who have a will is less than 50%? B. What is the Type I error in part A? What is the probability of making this error? C. What would your decision be in part A if the probability of making a Type I error were zero? Explain.

Answers

Answer 1

Answer:

See the explanation below.

Step-by-step explanation:

n = sample size = 1000

X = proportion of adults that a will = 450 / 1,000 = 0.45

P-value = 0.5

a = level of significance = 5%, or 0.05

A. At the 5% significance level, can you conclude that the percentage of people who have a will is less than 50%?

Our hypotheses are:

Null hypothesis: u ≥ 0.5

Alternate hypothesis: u < 0.5

Since this indicates a left tailed test, the decision rule is to reject null hypothesis if p-value is less than the level of significance.

[tex]Z = test statistic = \frac{0.45 - 0.5}{0.5/\sqrt{1,000} }[/tex]

Z =  - 0.05 / 0.0158113883008419 = - 3.1623

Using the excel function NORMSDIST(-3.1623), we have:

P- value = 0.000782701129001276, approximately 0.0008

Therefore, null hypothesis is rejected at 5% level of significance since the p-value 0.0008 is less than 5%, or 0.05.

Therefore, there is an enough reason to reject null hypothesis.

B. What is the Type I error in part A? What is the probability of making this error?

Since the probability is greater than 50%, the Type I error is therefore the statement in the question that less than 50% of adults have a will.

Also, the probability of making this Type I error is the 5% level of significance.

C. What would your decision be in part A if the probability of making a Type I error were zero?

The null hypothesis will be rejected if the probability of making a Type I error were zero in part A.


Related Questions

Fiona draws a circle with a diameter of 14 meters. What is the area of Fiona’s circle?

Answers

Answer:

The area of the circle is [tex]153.94meters^2[/tex]

Step-by-step explanation:

The formula for the area of a circle is : [tex]\pi *radius^{2}[/tex]

To work this out you would first need to divide the diameter of 14 by 2, this gives you 7. This is in order for us to calculate the radius. The radius of a circle is the length from one side to the centre.

Now that we know the radius the next step is to multiply pi by the radius of 7 squared, this gives you 153.94. This is because in order for you to calculate the area you would substitute the values into the formula.

1) Divide 14 by 2.

[tex]14/2=7[/tex]

2) Multiply pi by 7 squared.

[tex]\pi *7^2=153.94 meters^2[/tex]

153.94 square meters is the area of the triangle.

What is Area?

The area is the entire amount of space occupied by a flat (2-D) surface or an object's form. On a sheet of paper, draw a square using a pencil. It has two dimensions. The area of a form on paper is the area that it occupies.

The formula to calculate the area of a circle is A = πr², where A is the area and r is the radius of the circle.

Since the diameter is given as 14 meters, the radius can be calculated by dividing the diameter by 2:

r = d/2 = 14/2 = 7 meters

Now, we can substitute this value of radius into the formula for the area of a circle:

A = πr² = π(7)² = 49π square meters

Therefore, the area of Fiona's circle is 49π square meters (or approximately 153.94 square meters if π is approximated to 3.14).

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WILL CHOOSE BRAINLIEST! PLEASE HELP! 15 POINTS!
Find the area of the shaded segment of the circle.

Answers

[(81*3.14)/4] - (81/2)

Answer:

The shaded segment  = The arc area - The triangle

The arc area = pi x radius^2 x angle/360

                     = pi x 9^2 x (360-270)/360 = 63.61 (m2)

The triangle area = 9 x 9/2 = 41.5 (m2)

(because this is right triangle)

=> The shaded segment = 63.61 - 41.5 = 22.11 (m2)

A day of the week is randomly chosen What is the probability of choosing Monday or a day that starts with the letter
S?
P(Monday)
P(starts with 5)
P(Monday or starts with )​

Answers

Answer:

Well, P(Monday)= 1/7 = 14.3%

P(starts with S)= 2/7 = 28.6%

P(Monday or starts with S)= 3/7 = 42.9%

Step-by-step explanation:

Have a good day!!!

The probability of choosing Monday is,

P = 1 / 7

And, the probability of choosing starts with S is,

P = 2/7

And, the probability of choosing Monday or starts with S is,

P = 3/7

What is mean by Probability?

The term probability refers to the likelihood of an event occurring. Probability means possibility. It is a branch of mathematics that deals with the occurrence of a random event. The value is expressed from zero to one.

Given that;

A day of the week is randomly chosen.

Since, Number of days in a week = 7

Hence, the probability of choosing Monday is,

P = 1 / 7

And, the probability of choosing starts with S is,

P = 2/7

So, the probability of choosing Monday or starts with S is,

P = 2/7 + 1/7

P = 3/7

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Gary needs to solve 120 problems by a certain day. He calculated, that to finish all the problems in time, he needs to solve 5 problems every day. But Gary's family is going on a trip, and for 4 days Gary will simply have no time to do math. How many problems will he need to be solving every day when he is not on a trip to still be done in time?

Answers

Answer:

To be done in time, he would need to solve 6 questions per day on the days that he is not on trip

Step-by-step explanation:

If he solves the problems 5 per day, the total number of days that would be required to finish solving the problem would be 120/5 = 24 days

Now, he has 4 free days which would be for a family trip. The number of questions that he would miss during those trip days will be 4 * 5 = 20 questions

Now since he wants to still finish on time, what is needed to be done is to share the 20 left overs amongst the 20 days which he has to work

This makes a total of 1 question per day

Adding this to the 5 questions per day he has before will be = 6 questions per day

Answer:

6 problems

Step-by-step explanation:

find the sum of the first 15 terms of the goemetric series 3+9+27

Answers

Answer:

Step-by-step explanation:

hello : here is an solution

Which statement is true?
A. 6 > 6
B. –8 < –3
C. 5 < –6
D. –12 > –6

Answers

Answer:

B

Step-by-step explanation:

hope this helps.......

Answer:

my answer is B

Step-by-step explanation:

I know this because I just took a test on this and got it right.

It takes two men six hours to paint a fence. How long would it take three men to paint the same fence?

Answers

Answer:

Step-by-step explanation:

If 2 men take 6 hrs to paint the fence, then

  3 men would  obviously take  less time to paint the same fence;

            2 men= 6 hrs

            3 men= ?

thus, the time taken by three men to paint the same fence=2/3 ×6 hrs

                                                                                                = 4 hrs

The volume of a right rectangular prism can be found by finding the product 3(6)(12). Which expression could also be used to
determine the volume of this prism?
VX
36(6)
2(3 + 12 + 6)
4(3)(12)
12+6+3
Next
Submit
Save and Exit
Mark this and return
Activity

Answers

Answer:

a

Step-by-step explanation:

Two terms of an arithmetic sequence are a12=70 and a30=124. Write an explicit rule for the nth term.
An = ?

Answers

Answer:

The explicit formula is Tn = 34 + 3n

Step-by-step explanation:

The nth term of an arithmetic sequence can be represented using the formula

Tn = a + (n-1)d

where a is the first term , n is the number of terms and d is the common difference

For the 12 term(a12), n = 12

70 = a + (12-1)d

70 = a + 11d •••••••(i)

For the 30th term, n = 30

124 = a + (30-1)d

124 = a + 29d •••••••(ii)

Now, directly subtract equation i from ii, we have;

124-70 = (a-a) + (29d-11d)

54 = 18d

d = 54/18

d = 3

To get a , we substitute the value of d in any of the equations

let’s use the first

70 = a + 11d

substituting d = 3

70 = a + 11(3)

70 = a + 33

a = 70-33

a = 37

Thus the explicit formula for the nth term will be

Tn = a + (n-1)d

where a = 37 and d = 3

Tn = 37 + (n-1)3

Tn = 37 + 3n -3

Tn = 34 + 3n

Teri has a bag of colored marbles. Five marbles are red, four are green, ten are blue, and one is white. Marbles are randomly selected out of the bag.
What is the probability of selecting a red marble and then a white marble without replacement?


Answers

Answer:

1/76

Step-by-step explanation:

Five marbles are red,

four are green,

ten are blue, and

one is white.

Sample space S= 5+4+10+1= 20

Probability of selecting a red Mable

Pr(red) = 5/20= 1/4

Probability of selecting a white Mable without replacement after the first selection

Pr(white) = 1/19= 1/19

the probability of selecting a red marble and then a white marble without replacement?

= 1/4*1/19= 1/76

You have money in an account at 6% interest, compounded monthly. To the nearest year, how long
will it take for your money to double.

Answers

Answer:

Step-by-step explanation:

Let amount now be x , meaning principal is x

and the amount later A is 2x

A = P(1+r/n)^nt

n = 12

2x = x (1 + 0.06/12)^12t

divide through by x

2 = (1+ 0.005)^12t

2 = (1.005)^12t

Take log of both sides

log 2 = 12t log 1.005

12t = log2/log 1.005

12t = 138.975721610697

t = 138.975721610697/12

t = 11.58

t = 12 years

Suppose that 15 years ago, a benefactor set up an account for your education. This benefactor made a single deposit of $20,000 that has been earning 6% interest compounded monthly. Since the deposit 15 years ago, no money has been added to or taken from the account. Will this account be sufficient to cover tuition for all four years that you will be in school? (Answer this question using the school that you chose for parts C and D and the formula given below.) Make sure that the "time in years" that you use is 15 years + the number of years you will be at school.

Answers

Answer:

No it wont

Step-by-step explanation:


The table shows the results of an experiment in which a spinner was spun 50 times. Find the experimental probability of each outcome.

Answers

Answer:

Option "A" is the correct answer to the following question.

Step-by-step explanation:

Given:

Total number of experiment = 50

Find:

Probability to get less then 4:

Computation:

⇒ Total number can be get less then 4 = 4+2+3

⇒ Total number can be get less then 4 = 9

⇒ Probability of an outcome = Total number of outcomes /  Total number of experiment

⇒ Probability to get less then 4 = Total number can be get less then 4 / Total number of experiment

Probability to get less then 4 = 9 / 50

A student solved this problem and said the answer was 5 1 4 14 miles. Danielle ran 3 1 8 18 miles on Tuesday, 4 1 2 12 miles on Wednesday, and 5 1 4 14 miles on Thursday. How far did Danielle run altogether? Is the student's answer reasonable? No, the answer is not reasonable. It should be about 13 miles. Yes, the answer is reasonable. No, the answer is not reasonable. It should be about 2 miles. No, the answer is not reasonable. It should be about 20 miles.

Answers

Question

A student solved this problem and said the answer was [tex]5\frac{1}{4}[/tex] miles. Danielle ran [tex]3\frac{1}{8}[/tex] miles on Tuesday, [tex]4\frac{1}{2}[/tex] miles on Wednesday, and [tex]5\frac{1}{4}[/tex] miles on Thursday. How far did Danielle run altogether? Is the student's answer reasonable?

- No, the answer is not reasonable. It should be about 13 miles.

- Yes, the answer is reasonable.

- No, the answer is not reasonable. It should be about 2 miles.

- No, the answer is not reasonable. It should be about 20 miles.

Answer:

- No, the answer is not reasonable. It should be about 13 miles.

Step-by-step explanation:

Given

Student solution = [tex]5\frac{1}{4}[/tex] miles.

Miles covered on Tuesday = [tex]3\frac{1}{8}[/tex] miles

Miles covered on Wednesday = [tex]4\frac{1}{2}[/tex] miles

Miles covered on Thursday = [tex]5\frac{1}{4}[/tex] miles

Required

- Total distance covered by the student

- Is the student answer reasonable?

To calculate the actual distance covered by Danielle, we simply add the distance covered on each day,

This goes thus

Distance = [tex]3\frac{1}{8}[/tex] + [tex]4\frac{1}{2}[/tex] + [tex]5\frac{1}{4}[/tex]

Convert to Improper Fractions

Distance = [tex]\frac{25}{8}[/tex] + [tex]\frac{9}{2}[/tex] + [tex]\frac{21}{4}[/tex]

Take LCM

Distance = [tex]\frac{25 + 36 + 42}{8}[/tex]

Distance = [tex]\frac{103}{8}[/tex]

Distance = 12.875

From the calculations above, we can conclude that the student's answe is not reasonable because his calculation ([tex]5\frac{1}{4}[/tex] miles) is much more smaller than the actual result 12.875 miles

From option A through D, Only option A is correct because 12.875 miles cam be approximated to 13 miles.

Hence,

A. - No, the answer is not reasonable. It should be about 13 miles.

is the right answer

What is my favorite subject?
If you get this correct then I'll mark you brainliest
If you're wrong then I'll cancel your answer or you can edit it.

Answers

Answer:

I believe your favorite subject maybe Science and World geography

Step-by-step explanation:

I am not sure : )

The product of two rational numbers is -28/81. If one of them is -2/3, then find the other.

PLEASE HELP....NEED TO SUBMIT IT NOW......

Answers

Answer:

14/27

Step-by-step explanation:

Let x be the unknown number

-2/3 * x = -28/81

Multiply each side by -3/2

-3/2*-2/3 * x = -28/81 * -3/2

x = 28/2 * 3/81

x =14*1/27

x = 14/27

Answer:

14/27

Step-by-step explanation:

Let x be the other number

x × -2/3 = -28/81

x = -28/81 × -3/2

x = 14/27

An author published a book which was being sold online. The first month the author
sold 15800 books, but the sales were declining steadily at 5% each month. If this
trend continues, how many total books would the author have sold over the first 11
months, to the nearest whole number?

Answers

Answer:

7110 books

Step-by-step explanation:

5%*15800=0.05*15800=790

790*11=8690

15800-8690=7110

Therefore, 7110 books

Answer: 86,900

Step-by-step explanation:

I changed the 5% into decimal form and made it 0.5. Next, I multiplied 0.5 by 11, which gave me 5.5.

15,800 x 5.5 = 86,900

So, the author would’ve sold 86,900 books in the first 11 months.

(Sorry if wrong. Yeah I think I’m wrong now because I’m not even in high school. Just ignore this lol)

x² + 6x +8=0
In factoring algorithm

Answers

Answer:

(x+2)(x+4)

Step-by-step explanation:

Answer:

( x + 2 ) ( x + 4 )

Step-by-step explanation:

Please help ASAP! I will mark Brainliest! Please answer CORRECTLY! No guessing!

Answers

Answer:

The answer is D

I hope this is right

11(4t + 1) whats the answer

Answers

Answer:

44t + 11

Step-by-step explanation:

[tex]11(4t + 1) \\ = 11 \times 4t + 11 \times 1 \\ = 44t + 11 \\ [/tex]

Answer:

the answer is attached to the picture

What is the slope-intercept form of an equation of a line perpendicular to y=2x−3 and passing through the point (5,−1)?

Answers

Answer:

y=-2x+9

Step-by-step explanation:

1. Make m value opposite of og m value.

2. Then plug in variables x and y into the equation

3. Solve for b

-1 = -2(5) + b

9 = b

4. You have the answer

How did mendeleev arrange the elements ?

Answers

Mendeleev realized that the physical and chemical properties of elements were related to their atomic mass in a 'periodic' way, and arranged them so that groups of elements with similar properties fell into vertical columns in his table.

can someone help me plzzzzzzzzzzzzzzzzzzzzzzzzz it's for 10 poits

Answers

Answer:

Step-by-step explanation:

3^2 + 4^2 = 5 ^2

in right triangle. c is always the longest

Answer:

[tex]3^{2} +4^{2}+ 5^{2}[/tex]

Step-by-step explanation:

Find the volume of a tennis ball with diameter of 6.7 centimeters. Round your answer to the nearest hundredth.

Answers

Answer:

157.48

Step-by-step explanation:

Find the parallelogram.

Answers

Answer:

area - 120 cm

Step-by-step explanation:

Answer:

A = 120 cm^2

P = 54 cm

Step-by-step explanation:

Area of parallelogram: = base * height

A = 15 cm * 8 cm = 120 cm^2

Perimeter of parallelogram = sum of lengths of sides

P = 15 cm + 15 cm + 12 cm + 12 cm = 54 cm

OVER HERE WALKER
What is the circumference of a circle with a diameter of 21 cm ?

Answers

Answer:

65.97

Step-by-step explanation:

Regina bought a book for $12 and a game for $14 she paid $40 how much change should Regina receive

Answers

Answer:Regina recieved $14 dollars of change

Step-by-step explanation:

12+14=26

40-26=14

The change received by Regina is $14.

What is a word problem?

A word problem is a verbal description of a problem situation. It consists of  few sentences describing a 'real-life' scenario where a problem needs to be solved by way of a mathematical calculation.

For the given situation,

Regina bought a book for price = $12

Regina bought a game for price = $14

Total amount paid by Regina = $40

The Regina should receive the change,

⇒ [tex]Change = 40-(12+14)[/tex]

⇒ [tex]Change = 40-26[/tex]

⇒ [tex]Change = 14[/tex]

Hence we can conclude that the change received by Regina is $14.

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Shota is a dangerous fellow who likes to go rock climbing in active volcanoes. One time, when he was 30 meters below the edge of a volcano, he heard some rumbling, so he decided to climb up out of there as quickly as he could. He climbed up at a constant rate. After 4.5 seconds, he was 7.5 meters below the edge of the volcano. How fast did Shota climb? In total, how long did it take Shota to reach the edge of the volcano?

Answers

Answer:

Shota's speed = 5 m/s

In total, it take 6 seconds to reach the edge of the volcano.

Step-by-step explanation:

Given;

Total height below the edge of the volcano = 30 m

(Note that he climbed at constant rate)

After 4.5 seconds, he was 7.5 meters below the edge of the volcano.

Time = 4.5 s

Distance covered = 30 - 7.5 = 22.5 m

His speed = distance covered/time

Substituting the values;

Speed = 22.5/4.5

Speed = 5 m/s

Time needed to reach the edge;

Time = distance/speed

Speed = 5m/s

Distance = 30 m

Substituting;

Time = 30/5 = 6 seconds

A student is deriving the quadratic formula. Her first two steps are shown.

Step 1: –c = ax2 + bx

Step 2:

Which best explains or justifies Step 2?

Answers

Please consider the complete question.

A student is deriving the quadratic formula. Her first two steps are shown. Step 1: [tex]-c = ax^2 + bx[/tex]

Step 2: [tex]-c = a[x^2+\frac{b}{a}x][/tex]

Which best explains or justifies Step 2?

A. division property of equality

B. factoring the binomial

C. completing the square

D. subtraction property of equality

We can see that in step 2 student has factored the right side of equation.

The student factored our a from the right side of equation. To factor our a from right side, student has divide the bx term by a.

We can multiply and divide by same quantity in an equation.

[tex]-c = ax^2+a\cdot \frac{b}{a}x[/tex]

Now we can factor out a as:

[tex]-c = a(x^2+\frac{b}{a}x)[/tex]

Therefore, the 2nd step is known as factoring of binomial and option B is the correct choice.

Answer:

it b factoring a binomial on

Step-by-step explanation:

thats on edge

John is digging a rectangular hole. The area of the rectangle is 8 square feet. John digs 4 feet down into the ground. What is the volume of John's hole in cubic feet?

Answers

Answer:

32 cubic feet

Step-by-step explanation:

To know the volume of a figure we have to calculate the area of its "base" and then multiply it by its height.

In this case we have a rectangular hole that has an area of 8 square feet.

As we said before:

Volume = Area x height.

If we substitute the value of the area of the rectangle and the height (or depth in this case) we would get:

Volume = 8 x 4 = 32 cubic feet.

Thus, the volume of John's hole is 32 cubic feet.

Answer:

32 cubic feet

Step-by-step explanation:

The volume of a rectangular prism is given by;

Length*width*Height

or, Area*height

Height = 4 feet

Area= 8 square feet

Conversion to Cubic feet is given by;

(cubic feet) = (square feet) × (height in feet)

Therefore,

Cubic feet = 8 square feet*4 feet

= 32 cubic feet.

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A used book sale charged $7.50 for hardcovers and $1.25 for paperbacks. During the sale, 15 hardcovers were sold and the sale earned $166.25. Write and solve an equation to determine the number of paperbacks, p, that were sold. 20 points i think WILL GIVE BRAINLIEST PLEASE HELP! Which food is a temperature that allows bacteria to grow well Which solution is possible: 7+x What is an equation of the line that passes through the point (4, -3) and isperpendicular to the line 4x +y = 3? A boat at anchor is rocked by waves whose crests are 28 m apart and whose speed is 7 m/s. How often do these waves reach the boat? State your answer in terms of frequency (Hz) and period T (seconds). A person's blood glucose level and diabetes are closely related. Let x be a random variable measured in milligrams of glucose per deciliter (1/10 of a liter) of blood. Suppose that after a 12-hour fast, the random variable x will have a distribution that is approximately normal with mean = 83 and standard deviation = 27. Note: After 50 years of age, both the mean and standard deviation tend to increase. 1. For an adult (under 50) after a 12-hour fast, find the probability that x is between 60 and 110. (Round your answers to four decimal places.) Dimples are dominant to no dimples. Determine the phenotype probability for the offspring of aheterozygous female and a homozygous dominant male.O 50% dimples, 50% no dimples75% dimples, 25% no dimples0 100% dimples, 0% no dimples25% dimples, 75% no dimples how did the concept of representative government conflict with absolutism? Can someone help me on this one. Every 6 days John eats 20 ounces of cereal. At the same rate, how many ounces of cereal will John eat in 15 days? The point (5, -2) is rotated 90 about the origin. Its image is(-2, 5)(2, 5)(-5, 2) Jiminys Cricket Farm issued a bond with 25 years to maturity and a semiannual coupon rate of 4 percent 3 years ago. The bond currently sells for 108 percent of its face value. The companys tax rate is 22 percent. The book value of the debt issue is $30 million. In addition, the company has a second debt issue on the market, a zero coupon bond with 10 years left to maturity; the book value of this issue is $15 million, and the bonds sell for 73 percent of par. a.What is the companys total book value of debt? (Enter your answer in dollars, not millions of dollars, e.g. 1,234,567.)b.What is the companys total market value of debt? (Enter your answer in dollars, not millions of dollars, e.g. 1,234,567.)c.What is your best estimate of the aftertax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) NEED ANSWERS ASAP:Why did the South have fewer factories?Lack of cheap laborLack of raw materialsMore focused on agricultureDidn't want to pollute the environment How to make isopropyl alcohol Write a journal about Prometheus 3 paragraphs Busco la silla o Busco a la silla? 6231 rounded to the nearest thousand is. Enter your answer withoutcommas. 1: which equation represents a linear function? a y= 4 x +1 b y=x2+2 c y=3 x+1 d y=- 2 3 x- 1 2 Deforestation is a major problem in the Amazon Rainforest. Which American state is about the size of the area of theAmazon that was cleared between 1990 and 2010?A. ArizonaB. MaineC. TexasD. MontanaPlease select the best answer from the choices provided