charlotte owns two entertainment websites. Here are some details about those websites for one entire month: Website A Website B
2 answers:
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Answer:
The test statistic value is 15.3.
Step-by-step explanation:
The hypothesis for this test is:
<em>H</em>₀: The average number of homeless people is not increasing, i.e. <em>μ</em> = 42.3.
<em>H</em>ₐ: The average number of homeless people is increasing, i.e. <em>μ</em> > 42.3.
Given:
As the population standard deviation is provided use a single mean <em>z</em>-test for the hypothesis testing.
The test statistic is:
Thus, the test statistic value is 15.3.
Let's assume initial population is in 1999
so, production of passenger cars in Japan is 3.94 million in 1999
so, P=3.94 million
and the production of passenger cars in Japan is 6.74 million in 2009
so, A=6.74 million in t=2009-1999=10 years
now, we can use formula
here , r is interest rate
so, we can plug values
now, we can solve for
so,
the geometric mean annual percent increase is 5.516%............Answer