Answer:
c. A two-tailed test should be performed since the alternative hypothesis states that the parameter is not equal to the hypothesized value.
Step-by-step explanation:
Let p1 be the average score on a final exam who texted on a regular basis during the lectures for a particular class
And p2 be the average score on a final exam who did not texted at all during the lectures for a particular class
According to the Cameron's point of interest, null and alternative hypotheses are:
p1 = p2
p1 ≠ p2
Two tailed test should be performed since the alternative hypothesis states that the parameter is not equal to the hypothesized value.
Answer:
The amount of stock for which both brokers would charge the same commission is $2500.
Step-by-step explanation:
i) Let the amount of stock to be traded be worth $x
ii) therefore for both the brokers to charge the same commission we can write
1% of x = $25 
0.01 
x = 25 
x = 
The amount of stock for which both brokers would charge the same commission is $2500.
Answer: IX - 4I ≤ 4
Step-by-step explanation:
In the numer line we can see that our possible values of x are in the range:
0 ≤ x ≤ 8
And we want to find an absolute value equation such that this set is the set of possible solutions.
An example can be:
IX - 4I ≤ 4
To construct this, we first find the midpoint M of our set, in this case is 4.
Then we write:
Ix - MI ≤ IMI
Notice that i am using the minor and equal sign, this is because the black dots means that the values x = 0 and x = 8 are included, if the dots were empty dots, it would be an open set and we should use the < > signs.
