Yes, $40 is a reasonable amount to pay for the cab fare.
<em><u>Explanation</u></em>
Sheri’s cab fare was $32 and the percentage of gratuity is 20%
So, the amount of gratuity will be:
Thus, <u>the fare of the cab including the gratuity</u> will be:
As Sheri wrote a check to the cab driver for $40 , it means she paying ($40 - $38.40) or <u>$1.60 more to the cab driver</u>. So, the $40 check is a reasonable amount to pay for the cab fare.
Answer:
Since we know the population deviation, is better apply a z test to compare the actual mean to the reference value, and the statistic is given by:
(1)
z-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".
The best answer would be:
A. Z test
Step-by-step explanation:
Data given and notation
represent the mean average
represent the population standard deviation for the sample
sample size
represent the value that we want to test
represent the significance level for the hypothesis test.
z would represent the statistic (variable of interest)
represent the p value for the test (variable of interest)
State the null and alternative hypotheses.
We need to conduct a hypothesis in order to check if the mean is equal or not to 37100, the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
Since we know the population deviation, is better apply a z test to compare the actual mean to the reference value, and the statistic is given by:
(1)
z-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".
The best answer would be:
A. Z test
Answer:
C. 50
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the zscore that has a pvalue of .
The margin of error is:
The higher the margin of error, the wider an interval is.
As the sample size increases, the margin of error decreases. If we want a widest possible interval, we should select the smallest possible confidence interval.
So the correct answer is:
C. 50