A well-known brokerage firm executive claimed that 60% of investors are currently confident of meeting their investment goals. An XYZ Investor Optimism Survey, conducted over a two week period, found that in a sample of 100 people, 69% of them said they are confident of meeting their goals. Test the claim that the proportion of people who are confident is larger than 60% at the 0.01 significance level.
The null and alternative hypothesis would be:________
a. H0:μ=0.6H0:μ=0.6
H1:μ≠0.6H1:μ≠0.6
b. H0:μ=0.6H0:μ=0.6
H1:μ<0.6H1:μ<0.6
c. H0:μ=0.6H0:μ=0.6
H1:μ>0.6H1:μ>0.6
d. H0:p=0.6H0:p=0.6
H1:p≠0.6H1:p≠0.6
e. H0:p=0.6H0:p=0.6
H1:p>0.6H1:p>0.6
f. H0:p=0.6H0:p=0.6
H1:p<0.6H1:p<0.6
The test is:________
a. two-tailed
b. left-tailed
c. right-tailed
The test statistic is:_______ (to 3 decimals)
The p-value is:_______ (to 4 decimals)
Based on this we:________
a. Fail to reject the null hypothesis
b. Reject the null hypothesis

Answers

Answer 1

We are testing a hypothesis. So, first we identify the null and the alternative hypothesis, then we find the test statistic, and with the test statistic, the p-value is found.

Null and alternative hypothesis:

Claim the the proportion is of 60%, thus, the null hypothesis is:

[tex]H_0: p = 0.6[/tex]

Test if the proportion is greater than 60%, thus, the alternative hypothesis is:

[tex]H_1: p > 0.6[/tex]

And the answer to the first question is given by option c.

Classification:

We are testing if the proportion is greater than a value, so it is a right-tailed test.

Test statistic:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

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

0.6 is tested at the null hypothesis:

This means that [tex]\mu = 0.6, \sigma = \sqrt{0.4*0.6}[/tex]

Survey, conducted over a two week period, found that in a sample of 100 people, 69% of them said they are confident of meeting their goals.

This means that [tex]n = 100, X = 0.69[/tex]

Value of the test statistic:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

[tex]z = \frac{0.69 - 0.6}{\frac{\sqrt{0.4*0.6}}{\sqrt{100}}}[/tex]

[tex]z = 1.837[/tex]

The test statistic is z = 1.837.

p-value:

The p-value of the test is the probability of finding a sample proportion above 0.69, which is 1 subtracted by the p-value of z = 1.837.

Looking at the z-table, z = 1.837 has a p-value of 0.9669.

1 - 0.9669 = 0.0331

The p-value is 0.0331.

Decision:

The p-value of the test is 0.0331 > 0.01, and thus:

a. Fail to reject the null hypothesis

For another example of a problem of a test of hypothesis, you can take a look at:

https://brainly.com/question/24166849


Related Questions

For a normal distribution with mean 47 and standard deviation 6, find the probability of obtaining a value less than 45 or greater than 49.

Answers

Answer:

0.7392 = 73.92% probability of obtaining a value less than 45 or greater than 49.

Step-by-step explanation:

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Mean 47 and standard deviation 6

This means that [tex]\mu = 47, \sigma = 6[/tex]

Less than 45:

p-value of Z when X = 45, so:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{45 - 47}{6}[/tex]

[tex]Z = -0.3333[/tex]

[tex]Z = -0.3333[/tex] has a p-value of 0.3696.

More than 49:

1 subtracted by the p-value of Z when X = 49. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{49 - 47}{6}[/tex]

[tex]Z = 0.3333[/tex]

[tex]Z = 0.3333[/tex] has a p-value of 0.6304.

1 - 0.6304 = 0.3996

Less than 45 or greater than 49:

2*0.3696 = 0.7392

0.7392 = 73.92% probability of obtaining a value less than 45 or greater than 49.

HELP ASAP!!
If the circle below is cut from the square of plywood below, how many square inches of plywood would be left over?
Use π = 3.14, and round your answer to the nearest hundredth.

Answers

Answer:

13.73 in^2 because the circle's area is 50.27 in^2

May I get help with this question?

Answers

Answer:

C. <F

Step-by-step explanation:

The angle that sees the largest side length has the largest measurement.

Amongst the given side lengths the one that sees <F has the longest length so the answer is C

The stem-and-leaf plot lists the ages of customers in a bookstore.

How many customers are 19 or younger?



Enter your answer in the box.

Answers

Answer:

Step-by-step explanation:

2,12,14,15,17
All of them are younger than 19

Hope this helps

Help please anyone???

Answers

9514 1404 393

Answer:

  x^2/1 +y^2/81 = 1

Step-by-step explanation:

We know that the equation of a unit circle is ...

  x^2 +y^2 = 1 . . . . . equation of a unit circle

We also know that replacing x with x/a in a function will expand the graph by a factor of 'a'. Similarly, replacing y with y/b will do the same in the vertical direction.

An ellipse is a circle that has had different expansion factors applied along its different axes. Here, the given points tell us the center of the ellipse is (0, 0), and that it has been expanded by a factor of 9 in the y-direction and a factor of 1 in the x-direction This means the equation for it would be ...

  (x/1)^2 +(y/9)^2 = 1 . . . . . equation for desired ellipse

In the required form, this is ...

  [tex]\dfrac{x^2}{1}+\dfrac{y^2}{81}=1[/tex]

tìm m để đồ thị hàm số y=x^4-2mx^2+1 cắt trục hoành tại 4 điểm phân biệt

Answers

Answer:

Step-by-step explanation:

Tìm cc

A distribution of values is normal with a mean of 60 and a standard deviation of 16. From this distribution, you are drawing samples of size 25. Find the interval containing the middle-most 76% of sample means.

Answers

Answer:

The interval containing the middle-most 76% of sample means is between 56.24 and 63.76.

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

A distribution of values is normal with a mean of 60 and a standard deviation of 16.

This means that [tex]\mu = 60, \sigma = 16[/tex]

Samples of size 25:

This means that [tex]n = 25, s = \frac{16}{\sqrt{25}} = 3.2[/tex]

Find the interval containing the middle-most 76% of sample means.

Between the 50 - (76/2) = 12th percentile and the 50 + (76/2) = 88th percentile.

12th percentile:

X when Z has a p-value of 0.12, so X when Z = -1.175.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]-1.175 = \frac{X - 60}{3.2}[/tex]

[tex]X - 60 = -1.175*3.2[/tex]

[tex]X = 56.24[/tex]

88th percentile:

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]1.175 = \frac{X - 60}{3.2}[/tex]

[tex]X - 60 = 1.175*3.2[/tex]

[tex]X = 63.76[/tex]

The interval containing the middle-most 76% of sample means is between 56.24 and 63.76.

What ordered pairs are the solutions of the system of equations shown in the graph below?

Answers

The solutions are where the two lines cross over each other.

(0,3) and (4,-5)

The calculation of the mean of a population and the expected value of the probability mass function of a Random Variable (RV) are quite similar. Consider a probability mass function that contains 4 unique Random Variables: 100, 200, 300, 400. If the expected value of the RV can be calculated by simply taking the average of the RVs, what can be said about the corresponding probabilities of each of the 4 RVs

Answers

Answer: Hello the options related to your question is missing attached below are the missing options.

A.) The probabilities of the RVs may be equal

B.) The sum of the probabilities of the RVs exceed 1

C.) This is an impossible occurrence

D.) The probabilities of the RVs must be equal

E.) None of the above

answer:

The probabilities of the RVs may be equal ( A )

Step-by-step explanation:

Given that the value of the  population mean and the value of probability mass function of a set of random variables are similar

For the Random Variables : 100,200,300,400

The Probability mass function of RV = ( 100 + 200 + 300 + 400 ) / 4

Hence  The probabilities of the RVs may be equal

Find the measure of the missing angles.

Answers

Answer:

Step-by-step explanation:

Find the missing side of the triangle

Answers

Answer:

x = 15

Step-by-step explanation:

Pytago: a^2 + b^2 = c^2

x = [tex]\sqrt{25^{2} -20^{2} }[/tex] = 15

A line has a slope of 11 and passes through the point (5,7). Which of these is an equation for the line? O A. y-7 = -11(x - 5) B. y + 7 = 11(x + 5) O C. y-5 = -11(x - 7) O D. y - 7 = 11(x - 5) SUBMIT​

Answers

Answer:

D. y - 7 = 11(x - 5)

Step-by-step explanation:

Use point slope form, y - y1 = m(x - x1), where m is the slope and (x1, y1) is a point on the line.

Plug in the given slope and point:

y - y1 = m(x - x1)

y - 7 = 11(x - 5)

So, the correct answer is D. y - 7 = 11(x - 5)

In the given figure L1and L2 are two parallel sides . if the area of the rectangle PQRS is 60cm^2 then what is the area of the parallelogram PQRS.​

Answers

Answer:

Step-by-step explanation:

Believe it or not, the two areas are the same.

The base of the rectangle is PQ

The height of the rectangle is PS

Now look at the parallelogram.

The base is PQ

The height is PS

The area has to be the same in both cases. There is no other way to interpret what is happening.

Calculate the break even sales dollars if the fixed expenses are $7,000 and the contribution ratio is 40%.

Answers

Answer:

Break even sales = $17,500 (Approx.)

Step-by-step explanation:

Given:

Fixed expenses = $7,000

Contribution ratio = 40%

Find:

Break even sales dollars

Computation:

Break even sales = Fixed expenses / Contribution ratio

Break even sales = 7,000 / 40%

Break even sales = 7,000 / 0.40

Break even sales = 17,500

Break even sales = $17,500 (Approx.)

salifye pizza charges a base pizza of $12.77 for large plus 7.44 additional topping.
a) Find a function that models the price of a pizza with toppings.
Find the inverse of the function. What does−1 represent?
If a pizza costs $20.20, how many toppings does it have?

Answers

Answer:

Sharjah Call Girls +971529238486 | Call Girls In Sharjah

Step-by-step explanation:

Sharjah Call Girls and our group are very a good deal satisfied to participate withinside the boom of the leisure field. Lots of customers are touring Sharjah now no longer handiest for playing the splendor of the town however additionally to the sensual entertainments our profiles.

What is the value of x?
X + y = 10;
Z + z = 6;
Z + y = 5;
A) 9
B) 8
C) 7
D) 6
E) 1

Answers

Answer:

B

Step-by-step explanation:

z+z=6, z=3. z+y=5, y=2, x+y=10, x=8

A bag contains 35 marbles, 11 of which are red. A marble is randomly selected from the bag, and it is blue. This blue marble is NOT placed back in the bag. A second marble is randomly drawn from the bag. Find the probability that this second marble is NOT red.

Answers

Answer:

11 red + 24 blue = 35 marbles

If 1 blue is withdrawn

11 red + 23 blue = 34 marbles

P = 23 / 34 = .38   probability of drawing blue marble

If we decrease a dimension on a figure, how is the figure’s area affected?
The area decreases.
The area increases.
The area becomes 0.
The area remains the same.

Answers

The area decreases :)

Instructions are in the picture

Answers

Answer:

123123 3213123 12312 dasdsd aw dasd sda asdasd

Step-by-step explanation:

What is the image of -8 ,8 after a dilation by a scale factor of one fourth centered at the origin?

Answers

Answer:

(-2, 2)

Step-by-step explanation:

If you have a point (x, y) and you do a dilation by a scale factor K centered at the origin, the new point will just be (k*x, k*y)

So, if the original point is (-8, 8)

And we do a dilation by a scale factor k = 1/4

Then the image of the point will be:

(-8*(1/4), 8*(1/4))

(-8/4, 8/4)

(-2, 2)

A small airplane flies 1160 miles with an average speed of 290 miles per hour. 2 hours after the plane leaves, a Boeing 747 leaves from the same point. Both planes arrive at the same time; what was the average speed of the 747 ?

Answers

Answer:

[tex]580\text{ miles per hour}[/tex]

Step-by-step explanation:

To solve this problem, we can use the formula [tex]d=rt[/tex], where [tex]d[/tex] is distance, [tex]r[/tex] is rate, and [tex]t[/tex] is time.

Let's start by calculating how long the small airplane takes to complete the journey. The distance is 1160 miles and the rate is 290 miles per hour. Therefore, we have:

[tex]1160=290t,\\t=\frac{1160}{290}=4\text{ hours}[/tex]

Since the Boeing 747 left 2 hours after the small airplane left, the small airplane has just [tex]4-2=2[/tex] hours left of travelling time.

Therefore, to arrive at the same time as the small airplane, the Boeing 747 must cover the same distance of 1160 miles in only 2 hours. Hence, the Boeing 747's speed must have been:

[tex]1160=2r,\\r=\frac{1160}{2}=\boxed{580\text{ miles per hour}}[/tex]

Megan and Suzanne each have a plant. They track the growth of their plants for four weeks.
Whose plant grew at a faster rate, and what was the rate?



Suzanne’s at 2 inches per week
Suzanne’s at 1.5 inches per week
Megan’s at 3 inches per week
Megan’s at 2.5 inches per week

Answers

Megan’s plant grew at a faster rate

Megan’s plant grew at a faster rate, Growing at a rate of  3 inches per week.

What is the slope?

The y-rate axis of change with respect to the x-axis is known as the slope.

y = mx + b, where slope = m and y-intercept = b, is the slope-intercept form equation of a line.

We are aware that a slope's graph or rate of change will be steeper the higher its absolute value.

Given, Megan and Suzanne each have a plant. They track the growth of their plants for four weeks.

From the given options, Megan's plant which is growing at a rate of 3 inches per week has a faster growth rate.

learn more about slopes here :

https://brainly.com/question/3605446

#SPJ6

Question 6 of 10
The domain of a function f(x) is x = 0, and the range is ys -1. What are the
domain and range of its inverse function, '(x)?

Answers

Answer: y = 0 and x = -1

I have a final for summer schoollll due midnight and it’s 10:23!!!!!!!!!!!!

Answers

26 good luck n I hope you pass

10. In a group of 50 people, there are two types of professionals, engineers and managers. If 36 of them are engineers and 24 of them are managers, how many persons are both managers and engineers?​

Answers

Step-by-step explanation:

The photo above is the Venn diagram

Now, the number of persons that are both managers and engineers= n

Since, Total number of persons is 50

Therefore, 50= M+n+E

M only = 36-n

E only = 24-n

Therefore, 50= 36 - n + n + 24 - n

50 = 36+24-n

50 = 60 - n

60 - n = 50

-n = 50 - 60

-n = - 10

Therefore, n = 10

Therefore, the number of persons that are both Managers and Engineers is 10persons.

The initial population of the town was estimated to be 12,500 in 2005. The population has increased by about 5.4% per year since 2005.

Formulate the equation that gives the population, A(x) , of the town x years since 2005. If necessary, round your answer to the nearest thousandth.

A(x)=__(_)^x

Answers

Answer:

[tex]A(x) = 12500(1.054)^x[/tex]

Step-by-step explanation:

Exponential equation for population growth:

Considering a constant growth rate, the population, in x years after 2005, is given by:

[tex]A(x) = A(0)(1 + r)^x[/tex]

In which A(0) is the population in 2005 and r is the growth rate, as a decimal.

The initial population of the town was estimated to be 12,500 in 2005.

This means that [tex]A(0) = 12500[/tex]

The population has increased by about 5.4% per year since 2005.

This means that [tex]r = 0.054[/tex]

So

[tex]A(x) = A(0)(1 + r)^x[/tex]

[tex]A(x) = 12500(1 + 0.054)^x[/tex]

[tex]A(x) = 12500(1.054)^x[/tex]

What is a segment parallel to ba in a cube

Answers

Answer:

Two planes that do not intersect are said to be parallel. Parallel planes are found in shapes like cubes, which actually has three sets of parallel planes. The two planes on opposite sides of a cube are parallel to one another. ... So those will be 2 that are in the same plane that will never intersect.

A local rental car agency has 200 cars. The rental rate for the winter months is 60%. Find the probability that in a given winter month fewer than 140 cars will be rented. Use the normal distribution to approximate the binomial distribution.

Answers

Answer:

[tex]P(Z\leq2.89)=0.9981[/tex]

Step-by-step explanation:

Sample size [tex]n=200[/tex]

Rental Rate [tex]R=60\%[/tex]

Probability =(P<140)

Generally the equation for mean of distribution is mathematically given by

[tex]\mu=nR\\\\\mu=200*0.60\\\\\mu=120[/tex]

Generally the equation for Standard deviation of distribution is mathematically given by

[tex]\sigma=\sqrt{npq}[/tex]

[tex]\sigma=\sqrt{200*0.60*0.40}[/tex]

[tex]\sigma=6.9[/tex]

Therefore

Z-score for x=140 is

[tex]Z=\frac{x-\mu}{\sigma}[/tex]

[tex]Z=\frac{140-120}{6.9}[/tex]

[tex]Z=2.89[/tex]

From table

[tex]P(Z\leq2.89)=0.9981[/tex]

Please help me with this on the image

Answers

Answer:

Step-by-step explanation:

a). Given expression in the question is,

   [tex]\frac{13822\times 623}{14}[/tex]

   Exact value of the expression will be,

   [tex]\frac{13822\times 623}{14}=615079[/tex]

b). By using approximations to 1 significant figure,

   13822 ≈ 10000

   623 ≈ 600

   14 ≈ 10

   615079 ≈ 60000

   Now use the expression,

   [tex]\frac{13822\times 623}{14}=\frac{10000\times 600}{10}[/tex]

                  = 60000

The number of perpendicular bisectors a segment can have is:
1 point
a) 0
b) 1
c) 3
d) 10​

Answers

Answer:

0

Step-by-step explanation:

0co

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