Answer:
a) Null and alternative hypotheses are:
: mu=183 days
: mu>183 days
b) If the true mean is 190 days, Type II error can be made.
Step-by-step explanation:
Let mu be the mean life of the batteries of the company when it is used in a wireless mouse
Null and alternative hypotheses are:
: mu=183 days
: mu>183 days
Type II error happens if we fail to reject the null hypothesis, when actually the alternative hypothesis is true.
That is if we conclude that mean life of the batteries of the company when it is used in a wireless mouse is at most 183 days, but actually mean life is 190 hours, we make a Type II error.
Answer: C) For every original price, there is exactly one sale price.
For any function, we always have any input go to exactly one output. The original price is the input while the output is the sale price. If we had an original price of say $100, and two sale prices of $90 and $80, then the question would be "which is the true sale price?" and it would be ambiguous. This is one example of how useful it is to have one output for any input. The input in question must be in the domain.
As the table shows, we do not have any repeated original prices leading to different sale prices.
Answer: the total amount that you can earn in 15 years is $737245. Option C
Step-by-step explanation:
You receive an annual salary of $32,900 and each year, you are assured of a 5.5% raise. Assuming there was no raise, you get 100% of your previous salary each year. With a raise of 5.5%, you will get 100 + 5.5 = 105.5% of your previous salary for each year. This is a geometric progression and we want to determine the sum of 15 terms(15 years).
The formula for the sum of terms in a geometric progression is
Sn = [a(r^n - 1)]/ r - 1
Sn = sum of n terms
a = the first term
n = number of terms
r = common ratio
From the information given,
a = 32900
n = 15
r = 105.5/100 = 1.055
S15 = [32900(1.055^15 - 1)] / 1.055 - 1
S15 = [32900(2.23247649 - 1)] / 0.055
S15 = 32900 × 1.23247649) / 0.055
S15 = 737245.0277
S15 = $737245
Answer:
(E) 0.83
Step-by-step explanation:
We will solve it using conditional probability.
Let A be the event that a TV show is successful.
P(A) = 0.5
A' be event that the show is unsuccessful
P(A') =0.5
Let B be the event that the response was favorable
P(B) = 0.6
Let B' be the event that the response was unfavorable/
P(B') = 0.4
P(A∩B) = 0.5 and P(A∩B') = 0.3
We need to find new show will be successful if it receives a favorable response.
P(A/B) = 
= 0.5/0.6
= 0.833
