Answer:
Step-by-step explanation:
A = 25% of 16 =
Selling price after reduction = 16 - 2 = $14
B= 25% of 14
= 3.5
Selling price = 14 - 3.5 = $10.5
C = 25% of 10.5
= 2.625 = $ 2.63
Selling price = 10.5 - 2.63 = $ 7.87
Random pages were chosen from a variety of children’s books and the number of words on each page was recorded. Find the variance
2 answers:
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Answer:
We need to conduct a hypothesis in order to test the claim that the true proportion of employess are late to work is 0.16, so we need to apply a one sample proportion test:
Null hypothesis:
Alternative hypothesis:
Step-by-step explanation:
Data given and notation
n=25 represent the random sample taken
estimated proportion
is the value that we want to test
represent the significance level
z would represent the statistic (variable of interest)
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 employess are late to work is 0.16, so we need to apply a one sample proportion test:
Null hypothesis:
Alternative hypothesis:
When we conduct a proportion test we need to use the z statistic, and the is given by:
(1)
The One-Sample Proportion Test is used to assess whether a population proportion is significantly different from a hypothesized value
.
Calculate the statistic
Since we have all the info requires we can replace in formula (1) like this:
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 bilateral test the p value would be: