A certain financial services company uses surveys of adults age 18 and older to determine if personal financial fitness is changing over time. A recent sample of 1,000 adults showed 410 indicating that their financial security was more than fair. Suppose that just a year before, a sample of 1,200 adults showed 420 indicating that their financial security was more than fair.

Required:
a. State the hypotheses that can be used to test for a significant difference between the population proportions for the two years.
b. Conduct the hypothesis test and compute the p-value. At a 0.05 level of significance, what is your conclusion?
c. What is the 95% confidence interval estimate of the difference between the two population proportions?
d. What is your conclusion?

Answers

Answer 1

Answer:

b) Then z(s) is in the rejection region for H₀. We reject H₀. The p-value is smaller than α/2

c)CI 95 %  =  ( 0.00002 ;  0.09998)

Step-by-step explanation: In both cases, the size of the samples are big enough to make use of the approximation of normality of the difference of the proportions.

Recent Sample

Sample size    n₁  =  1000

Number of events of people with financial fitness more than fair

x₁  =  410

p₁ =  410/ 1000  =  0.4     then q₁ = 1 - p₁    q₁ =  1 -  0.4    q₁  = 0.6

Sample a year ago

Sample size    n₂ =  1200

Number of events of people with financial fitness more than fair

x₂  =  420

p₂  =  420/1200     p₂ = 0.35   q₂  =  1 - p₂    q₂  = 1 - 0.35   q₂ = 0.65

Test Hypothesis

Null Hypothesis                                  H₀              p₁  =  p₂

Alternative Hypothesis                      Hₐ              p₁  ≠  p₂

CI  95 % then significance level  α  =  5%   α  = 0.05    α/2  = 0.025

To calculate p-value:

SE  =  √ (p₁*q₁)/n₁  +  (p₂*q₂)/n₂

SE  =  √ 0.4*0.6/1000 +  0.65*0.35/1200

SE  =  √ 0.00024 + 0.000189

SE = 0.021

z(s) =  ( p₁ - p₂ ) / SE

z(s) = ( 0.4 - 0.35 )/0.021

z(s) = 0.05/ 0.021

z(s) =  2.38

We find p-value from z-table to be   p-value = 0.00842

Comparing

p-value with  α/2   = 0.025

α/2 >  p-value  

Then z(s) is in the rejection region for H₀. We reject H₀

CI 95 %  =  ( p₁  -  p₂ )  ±  2.38*SE

CI 95 %  =  ( 0.05 ± 2.38*0.021 )

CI 95 %  =  ( 0.05 ± 0.04998)

CI 95 %  =  ( 0.00002 ;  0.09998)

CI 95 % does not contain the 0 value affirming what the hypothesis Test already demonstrate


Related Questions

Simplify
b. 3a + 4b-2a-b
4 나
V
216 x
Х
18

Answers

Answer:

a+3b

Step-by-step explanation:

3a+4b-2a-b

=3a-2a+4b-b

=a+3b

A librarian needs to package up all of the children’s books and move them to a different location in the library there are 625 books and she can fit 25 books in one box how many boxes does she need in order to move all the books

Answers

9514 1404 393

Answer:

  25

Step-by-step explanation:

  total books = (books per box) × (number of boxes)

  number of boxes = (total books)/(books per box) = 625 /25 = 25

She needs 25 boxes to move all the books.

The time to complete an exam in a statistics class is a normal random variable with a mean of 50 minutes and a standard deviation of 10 minutes. What is the probability, given a class size of 30 students, the average time to complete the test is less than 48.5 minutes

Answers

Answer:

0.2061 = 20.61% probability, given a class size of 30 students, the average time to complete the test is less than 48.5 minutes

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

Mean of 50 minutes and a standard deviation of 10 minutes.

This means that [tex]\mu = 50, \sigma = 10[/tex]

Class size of 30 students

This means that [tex]n = 30, s = \frac{10}{\sqrt{30}}[/tex]

What is the probability, given a class size of 30 students, the average time to complete the test is less than 48.5 minutes.

This is the p-value of Z when X = 48.5. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{48.5 - 50}{\frac{10}{\sqrt{30}}}[/tex]

[tex]Z = -0.82[/tex]

[tex]Z = -0.82[/tex] has a p-value of 0.2061

0.2061 = 20.61% probability, given a class size of 30 students, the average time to complete the test is less than 48.5 minutes

9 friends are lining up. Joe, Susan, John, and Meredith must be beside each other. How many ways can they line up?

Answers

Answer:  17,280

This is one single number slightly over 17 thousand.

You may need to erase the comma when typing the answer in.

=========================================================

Explanation:

Let's say that another person steps in for Joe, Susan, John, and Meredith. I'll refer to this person as the teacher (perhaps these 9 friends are students on a field trip).

The 9 friends drops to 9-4 = 5 people when those four named people leave the group temporarily. Then it bumps up to 5+1 = 6 people when the teacher steps in. Wherever the teacher is located, the four friends that left will replace the teacher. This guarantees that those four friends stick together.

There are 6! = 6*5*4*3*2*1 = 720 ways to arrange those 6 people. The exclamation mark is a factorial symbol.

Within any of those 720 permutations, we have 4! = 4*3*2*1 = 24 ways to arrange those group of named people when they come back to replace the teacher.

So overall the answer is 4!*6! = 24*720 = 17,280

You may need to erase the comma when typing the answer in.

-------------

Side note: There are 9! = 362,880 ways to arrange all nine friends regardless if those four mentioned people stick together or not. We see that they stick together roughly (17,280)/(362,880) = 0.0476 = 4.76% of the time.

SCALCET8 3.9.015. A street light is mounted at the top of a 15-ft-tall pole. A man 6 ft tall walks away from the pole with a speed of 4 ft/s along a straight path. How fast is the tip of his shadow moving when he is 35 ft from the pole

Answers

Answer:

[tex]X=6.67ft/s[/tex]

Step-by-step explanation:

From the question we are told that:

Height of pole [tex]H_p=15[/tex]

Height  of man [tex]h_m=6ft[/tex]

Speed of Man [tex]\triangle a =4ft/s[/tex]

Distance from pole [tex]d=35ft[/tex]

Let

Distance from pole to man=a

Distance from man to shadow =b

Therefore

 [tex]\frac{a+b}{15}=\frac{b}{6}[/tex]

 [tex]6a+6b=15y[/tex]

 [tex]2a=3b[/tex]

Generally the equation for change in velocity is mathematically given by

 [tex]2(\triangle a)=3(\triangle b )[/tex]

 [tex]2*4=3(\triangle b)[/tex]

 [tex]\triangle a=\frac{8}{3}[/tex]

Since

The speed of the shadow is given as

 [tex]X=\triangle b+\triangle a[/tex]

 [tex]X=4+8/3[/tex]

 [tex]X=6.67ft/s[/tex]

4b^2+300=0 this is a quadratic equation that I am trying to solve including any solutions with imaginary numbers I will include a picture ​

Answers

Answer:

b= 5i square root of 3

b = -5i square root of 3

Step-by-step explanation:

4b^2+300=0

4b^2 = -300

b^2 = -75

b = square root of -75

b = -75^1/2

^1/2 means square root

b = 25^1/2 * 3^1/2 * i

b= 5i square root of 3

b = -5i square root of 3

Someone pls answer ? It’s 8,9,1,2

Answers

Answer:

Step-by-step explanation:

8.

any number ×0=0

so b

9.

additive identity

any number+0=same number

c

1.

[tex]\frac{(3+u)^2}{8} =\frac{(3+5)^2}{8} =\frac{8^2}{8} =\frac{64}{8} =8\\where ~u=5[/tex]

2.

-2(a-7)=-2×a-2×(-7)=-2a+14

The x intercepts of the function f(x) = 2x(x-5)^2(x+4)^3
are…

Answers

Answer:

[tex]\boxed{\sf x- intercepts = 0 , 5 \ and \ -4}[/tex]

Step-by-step explanation:

A function is given to us and we need to find the x Intercepts of the graph of the given function . The function is ,

[tex]\sf \implies f(x) = 2x( x - 5 ) ^2(x+4)^3 [/tex]

For finding the x intercept , equate the given function with 0, we have ;

[tex]\sf \implies 2x ( x - 5 )^2(x+4)^3= 0 [/tex]

Equate each factor with 0 ,

[tex]\sf \implies 2x = 0[/tex]

Divide both sides by 2 ,

[tex]\sf \implies\bf x = 0[/tex]

Again ,

[tex]\sf \implies ( x - 5)^2=0 [/tex]

Taking squareroot on both sides,

[tex]\sf \implies x - 5 = 0 [/tex]

Add 5 to both sides,

[tex]\sf \implies \bf x = 5[/tex]

Similarly ,

[tex]\sf \implies \bf x = -4 [/tex]

Hence the x Intercepts are -4 , 0 and 5 .

{ See attachment also for graph } .

Measurement error that is normally distributed with a mean of 0 and a standard deviation of 0.5 gram is added to the true weight of a sample. Then the measurement is rounded to the nearest gram. Suppose that the true weight of a sample is 166.0 grams.
(a) What is the probability that the rounded result is 167 grams?
(b) What is the probability that the rounded result is 167 grams or more?

Answers

Answer:

(a)[tex]0.15731[/tex]

(b)0.02275

Step-by-step explanation:

We are given that

Mean=0

Standard deviation=0.5 g

True weight of a sample=166 g

Let X denote the normal random variable  with mean =166+0=166

(a)

P(166.5<X<167.5)

=[tex]P(\frac{166.5-166}{0.5}<\frac{X-\mu}{\sigma}<\frac{167.5-166}{0.5})[/tex]

=[tex]P(1<Z<3)[/tex]

=[tex]P(Z<3)-P(Z<1)[/tex]

[tex]=0.99865-0.84134[/tex]

[tex]=0.15731[/tex]

(b)

[tex]P(X>167)=P(Z>\frac{167-166}{0.5})[/tex]

[tex]=P(Z>2)[/tex]

[tex]=1-P(Z<2)[/tex]

[tex]=1-0.97725[/tex]

[tex]=0.02275[/tex]

ASAP!!!!!!!!! Please show process!!! Using law of sines!!!!!!!! Thank you so much

Answers

Answer:

the answers are on the picture but the numbers may be rounded

Henry bought a coat with a regular price of $75 and used a coupon for o off. Janna bought a
coat with a regular price of $82 and did not use a coupon. How much more did Janna's coat cost
than Henry's coat?
A. $7.00
B. $15.50
C. $22.50
D. $29.50

Answers

Answer:

A. $7.00

Step-by-step explanation:

$82-$75=$7.00

When studying radioactive material, a nuclear engineer found that over 365 days,
1,000,000 radioactive atoms decayed to 970,258 radioactive atoms, so 29,742 atoms
decayed during 365 days.
a. Find the mean number of radioactive atoms that decayed in a day.
b. Find the probability that on a given day, 50 radioactive atoms decayed.
a. The mean number of radioactive atoms that decay per day is
(Round to three decimal places as needed.)

Answers

Answer:

a) The mean number of radioactive atoms that decay per day is 81.485.

b) 0% probability that on a given day, 50 radioactive atoms decayed.

Step-by-step explanation:

Poisson distribution:

In a Poisson distribution, the probability that X represents the number of successes of a random variable is given by the following formula:

[tex]P(X = x) = \frac{e^{-\lambda}*\lambda^{x}}{(x)!}[/tex]

In which

x is the number of sucesses

e = 2.71828 is the Euler number

[tex]\lambda[/tex] is the mean in the given interval.

a. Find the mean number of radioactive atoms that decayed in a day.

29,742 atoms decayed during 365 days, which means that:

[tex]\lambda = \frac{29742}{365} = 81.485[/tex]

The mean number of radioactive atoms that decay per day is 81.485.

b. Find the probability that on a given day, 50 radioactive atoms decayed.

This is P(X = 50). So

[tex]P(X = 50) = \frac{e^{-81.485}*(81.485)^{50}}{(50)!} = 0[/tex]

0% probability that on a given day, 50 radioactive atoms decayed.

Use the image to complete the equation below. Do not include any spaces in your answer

Answers

Linear pair of angles are supplementary (180°).

So,

(3q) + (15q + 18) = 180°.

a total of 678 tickets were sold for the school play. They were either adult tickets or student tickets. there were 72 fewer student tickets sold than adult tickets. how many adult tickets were sold

Answers

Step-by-step explanation:

678-72=606/2=303+72=375

Help me find the domain and range please!

Answers

Answer:

Domain: (-∞, 1]

Range: (-∞, 3]

Step-by-step explanation:

The function starts at point (1, 3) and goes to the left and down forever.

Domain: (-∞, 1]

Range: (-∞, 3]

Answer:

Domain: [tex](-\infty, 1][/tex]

Range: [tex](-\infty, 3][/tex]

Step-by-step explanation:

The domain of a function represents the range of x-values that are part of the function, read left to right. We can see that the function goes forever to the left and stops at [tex]x=1[/tex] when we read left to right. Therefore, the domain of this function is [tex]\boxed{(-\infty, 1]}[/tex].

The point at [tex]x=1[/tex] is a filled-in solid dot so it is included as part of the function. Use square brackets to denote inclusive.

The range of a function represents all y-values that are part of the function, read bottom to top. The function continues down forever and stops at [tex]y=3[/tex] when read bottom to top. Therefore, the range of this function is [tex]\boxed{(-\infty, 3]}[/tex]. Similar to the domain, we use a square bracket on the right to indicate that [tex]y=3[/tex] is included in the function. If the dot was not filled-in, then we would use a parenthesis to indicate that [tex]y=3[/tex] would not be part of the function.

what is true for f (x) = 4 times 2x

Answers

Answer:

f(x) = 8x

Explanation:

4 x 2 =8

Can you correct your question?

The club will use the majority criterion method to determine the final winner. However, while finalizing the votes, a member of the club discovers that Mason did not meet the original criteria to be considered for the vacation package, because he is a county deputy, not a city police person, so Mason is eliminated from the votes. Who actually will win the tickets? Is the irrelevant alternative criterion supported in this case?

Answers

Answer and Explanation:

The irrelevant alternative criterion states that if two candidates A and B contest for an election and candidate B is preferred to candidate A then any other candidate X should not cause candidate A to win the election.

In this case if Mason was candidate A, then candidate B should still win by the majority criterion method and the irrelevant alternative criterion would still be supported. However if he is candidate B then the irrelevant alternative criterion is not supported.

Find the area of the irregular figure. Round to the nearest hundredth.

Answers

Answer:

16 sq units

Step-by-step explanation:

Full area of the square is 20. Since it’s irregular and a piece has been taken out, gotta subtract 20 by the chunk missing.
That case, 2x3=6
20-6=14
Full area of the irregular figure is 14sq units

what is the cost to drive from san francisco to los angeles (405 mi) if the cost of gasoline is $2.34/gal and the automobile gets 8.5 mi/L

Answers

Answer:

The cost is $ 29.5.

Step-by-step explanation:

distance = 405 miles

Cost = $ 2.34 /gal

Average = 8.5 miles per litre

So, the amount of gasoline to travel for 405miles

= 405/8.5 = 47.65 liter

1 gal = 3.785 liters

So,

47.65 liter = 47.65 / 3.785 = 12.6 gal

So, the cots is

= $ 2.34 x 12.6 = $29.5

Peter is 8 years younger than Alex. In 9 years time, the sum of their ages will be 76 . How old is Alex now?

Answers

Answer:

Peter is a-8 in 9 years, (a-8)+ 9+ a+ 9= 76

Answer:

P = 25

A = 33

Step-by-step explanation:

P + 8 = A

P + 9 + A + 9 = 76

P + A = 58

~~~~~~~~~~~~~~

P = 58 - A

P = 58 - P - 8

2 P = 50

P = 25

A = 33

2. About 40 millions of aluminum cans can be recycled each month in the US. A quarter of these aluminum cans are used to make one aluminum boat. How many aluminum boats can be made in one year in the US?​

Answers

Answer:

48

Step-by-step explanation:

About 40 millions of aluminum cans can be recycled each month in the US. A quarter of these aluminum cans are used to make one aluminum boat. How many aluminum boats can be made in one year in the US?

Given that:

Approximate Number of cans that can be recycled per month in the US = 40 million

Fraction of recycled cans that can be used to make an aluminum boat = 1/4

The number of aluminum boats that can be made in the US in one year :

If about 40 million cans are recycle per month :

The number of boat that can be made from each monthly recycled aluminum cans will be :

Number of monthly recycled can needed to make one boat:

1/4 * 40 million = 10 million cans

Hence, 40,000,000 / 10,000,000 = 4

4 aluminum boats can be made in one month :

Number of months in a year = 12

Number of aluminum boats that can be made in a year :

4 per month * 12 = 48 aluminum boats

What is the value of M

Answers

Answer:....... no clue ut pls mark me brainiest

Step-by-step explanation:

What is the area of this composite figure?

Answers

Answer:

Well, divide the shape into rectangles,

triangles or other shapes after that, you can find the area of and then add the areas back together.

Step-by-step explanation:

The area of composite shapes is defined as the area covered by any composite shape. A composite shape is made up of basic shapes put together. Thus, the area of the composite shape is found by individually adding all the basic shapes.

To calculate the area of a composite shape you must divide the shape into rectangles, triangles or other shapes you can find the area of and then add the areas back together.es

For the expression x-5, what would the value be if x=18?

Answers

Answer:

13

Step-by-step explanation:

Answer:

if x is 18 replace 18 where x is in the question so, it will be 18-5 = 13

"If a = − 9 and b = − 6, show that (a−b) ≠ (b−a)."

Answers

Answer:

Step-by-step explanation:

LHS  a - b = -9 - (-6) = -9 +6 = -3

RHS  b-a = -6 - (- 9) =  -6 +9 = 3

as LHS not equal to RHS

a-b not equal to b-a

Thus proven

Jose bought 217 shares of Darien Electric for $21.96 apiece. His broker charged him a commission of $106.12 for the
purchase. If the yearly dividend on Darien Electric is 77 cents per share, what is the annual yield on Jose's stock? Show
work.

Answers

Answer:

what is photosynthic ..

p.l.e.a.s.e join eti-fgdd-xjs

why do plant need it

You have $1000 to invest in two different accounts. To save the money you need for college, you need to average 5.7 percent interest. If the two accounts pay 4 percent and 6 percent interest, how much should you invest in each account?
$550 in 4%, $450 in 6%
$300 in 4%, $700 in 6%
$700 in 4%, $300 in 6%
$150 in 4%, $850 in 6%

Answers

9514 1404 393

Answer:

  $150 in 4%, $850 in 6%

Step-by-step explanation:

The fraction that must earn the highest rate is ...

  (5.7 -4.0)/(6.0 -4.0) = 1.7/2 = 0.85

That is 0.85 × $1000 = $850 must be invested at 6%. Matches the last choice.

_____

If you let x represent the amount that must earn 6%, then the total interest earned must be ...

  x·6% +(1000 -x)·4% = 1000·5.7%

  x(6 -4) = 1000(5.7 -4) . . . . . . multiply by 100, subtract 4·1000

  x = 1000·(5.7 -4)/(6 -4) = 850 . . . . as above

solve the inequality 4t^2 ≤ 9t-2 please show steps and interval notation. thank you!​

Answers

Answer: [tex]t\in [\dfrac{1}{4},2][/tex]

Step-by-step explanation:

Given

Inequality is [tex]4t^2\leq9t-2[/tex]

Taking variables one side

[tex]\Rightarrow 4t^2-9t+2\leq0\\\Rightarrow 4t^2-8t-t+2\leq0\\\Rightarrow 4t(t-2)-1(t-2)\leq0\\\Rightarrow (4t-1)(t-2)\leq0[/tex]

Using wavy curve method

[tex]t\in [\dfrac{1}{4},2][/tex]

Given: x + 2 < -5.



Choose the solution set.

{x | x R, x < -3}
{x | x R, x < 3}
{x | x R, x < -7}
{x | x R, x < 7}

Answers

Answer:

C

Step-by-step explanation:

x + 2 < -5

x < - 5 - 2

x < - 7

Answer:

{x| x R, x<-7}

Step-by-step explanation:

=> x+2<-5

=> x<-5-2

=> x<-7

2 - (-8) + (-3) =
O A) 12
OB) 7
O C
C) 14

OD 1

Answers

Answer:

B)7

Step-by-step explanation:

2-(-8)=10

10+(-3)=7

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