Jingle Corporation produces toy footballs. Each football sells for $9.95 with a variable unit cost of $7.10. Assuming a fixed co
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Answer:
a) We need to conduct a hypothesis in order to check if the true average number of days in the past month that adults walked for the purpose of health or recreation is lower than 5.5 days (a;ternative hypothesis) , the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
b) For this case since we want to determine if the true mean is lower than an specified value is a one tailed test
c) For this case the significance level is given and we want to find the critical value, so we need to find a critical value on the normal standard distribution who accumulate 0.01 of the area on the right tail and if we use excel or a table we got:
And the rejection zone would be:
And the region is on the figure attached
Step-by-step explanation:
Part a: State the null and alternative hypotheses.
We need to conduct a hypothesis in order to check if the true average number of days in the past month that adults walked for the purpose of health or recreation is lower than 5.5 days (a;ternative hypothesis) , the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
Part b
For this case since we want to determine if the true mean is lower than an specified value is a one tailed test
Part c
For this case the significance level is given and we want to find the critical value, so we need to find a critical value on the normal standard distribution who accumulate 0.01 of the area on the right tail and if we use excel or a table we got:
And the rejection zone would be:
And the region is on the figure attached
Answer:
Step-by-step explanation: