Find the quotient of 2,300 and (0.4 · 10^-8). In your final answer, include all of your calculations.

To plan the budget for next year a college must update its estimate of the proportion of next year's freshmen class that will ne

Naily [24]

Answer:

Null hypothesis: $p\leq 0.35$

Alternative hypothesis: $p > 0.35$

$z=\frac{0.447 -0.35}{\sqrt{\frac{0.35(1-0.35)}{150}}}=2.491$

$p_v =P(z>2.491)=0.0064$

So the p value obtained was a very low value and using the significance level assumed $\alpha=0.05$ we have $p_v$ so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 5% of significance the proportion of applicants who request financial aid is significantly higher than 0.35

Step-by-step explanation:

Data given and notation

n=150 represent the random sample taken

X=67 represent the applicants who request financial aid

$\hat p=\frac{67}{150}=0.447$ estimated proportion of applicants who request financial aid

$p_o=0.35$ is the value that we want to test

$\alpha$ represent the significance level

z would represent the statistic (variable of interest)

$p_v$ represent the p value (variable of interest)

Concepts and formulas to use

We need to conduct a hypothesis in order to test the claim that the true proportion of applicants who request financial aid is higher than 0.35.:

Null hypothesis: $p\leq 0.35$

Alternative hypothesis: $p > 0.35$

When we conduct a proportion test we need to use the z statistic, and the is given by:

$z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}}$ (1)

The One-Sample Proportion Test is used to assess whether a population proportion $\hat p$ is significantly different from a hypothesized value $p_o$ .

Calculate the statistic

Since we have all the info requires we can replace in formula (1) like this:

$z=\frac{0.447 -0.35}{\sqrt{\frac{0.35(1-0.35)}{150}}}=2.491$

Statistical decision

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.

The next step would be calculate the p value for this test.

Since is a right tailed test the p value would be:

$p_v =P(z>2.491)=0.0064$

So the p value obtained was a very low value and using the significance level assumed $\alpha=0.05$ we have $p_v$ so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 5% of significance the proportion of applicants who request financial aid is significantly higher than 0.35

5 0

2 years ago

Mr. Trager has $600.00 to spend at a bicycle store

Snowcat [4.5K]

Answer:

Step-by-step explanation:

Total money = $600

Bicycle cost = $253.98

3 bicycle reflector = 3×$7.5 =$22.5

Bicycle helmet = $42.36

Total money spent will be equal to the = $(253.98+22.5+42.36)

= $318.84

Amount remaining = $(600-318.84)

= $281.16

The number of outfit he can get at $78.12 = $281.16/78.12 = 3.60

He can get 3 outfit and have $0.60

Left

7 0

2 years ago

Read 2 more answers

Jean lives about 10 miles from the college where she plans to attend a 10-week summer class. There are two main routes she can t

jeka57 [31]

Answer:

We would advise her to choose Country Route because in this route time consistent between 15 and 18 minutes.

Step-by-step explanation:

We are given that Jean lives about 10 miles from the college where she plans to attend a 10-week summer class. There are two main routes she can take to the school, one through the city and one through the countryside.

Jean sets up a randomized experiment where each day she tosses a coin to decide which route to take that day. She records the following data for 5 days of travel on each route.

Country Route - 17, 15, 17, 16, 18 (in minutes)

City Route - 18, 13, 20, 10, 16 (in minutes)

Now, we have to decide which route is better for Jean to go to college.

As we can see from the data that the Country route timings is consistent between 15 to 18 minutes which means most of the times she will reach college between these minutes only.

While on the other hand, we can observe that City route timings are very much consistent as it has a low value of 10 minutes and high value of 20 minutes which means Jean can't be sure that at which time she will reach college.

Hence, we would advise her to choose Country route.

7 0

2 years ago

What is the Value of the underlined digit 646,950

Jobisdone [24]

I'm sorry, but what digit is underlined?

4 0

2 years ago

Read 2 more answers

Which relationship has a zero slope?

Ivenika [448]

9514 1404 393

Answer:

A. A two column table with five rows. The first column, x, has the entries, negative 3, negative 1, 1, 3. The second column, y, has the entries, 2, 2, 2, 2

Step-by-step explanation:

The relationship that has constant y-values is the one with zero slope. That would be the first table.

6 0

2 years ago