The marginal cost (dollars) of printing a poster when x posters have been printed is given by the following equation. C'(x)=x^-3/4 Find the cost of printing 142 more posters when 18 have already been printed.
The cost of printing 142 more posters when 18 have already been printed is $________.
(Round to the nearest cent as needed.)

Answers

Answer 1

Answer:

The cost of printing 142 more posters when 18 has already been printed is $5.57.

Step-by-step explanation:

We are given that the marginal cost (dollars) of printing a poster when x posters have been printed is given by the following equation C'(x)=x^-3/4.

The given equation is: [tex]C'(x) = x^{\frac{-3}{4} }[/tex]

The cost of printing 142 more posters when 18 have already been printed is given by;

Integrating both sides of the equation and using the limits we get;

[tex]\int_{a}^{b} C'(x) dx=\int_{18}^{142} x^{\frac{-3}{4}}dx[/tex]

As we know that  [tex]\int\limits {x}^{n} \, dx = \frac{x^{n+1} }{n+1}[/tex] , so;

          =  [tex]\frac{x^{\frac{-3}{4}+1 } }{\frac{-3}{4}+1 } ]^{142} __1_8[/tex]

          =  [tex]\frac{x^{\frac{1}{4} } }{\frac{1}{4} } ]^{142} __1_8[/tex]

          =  [tex]4[x^{\frac{1}{4} } } ]^{142} __1_8[/tex]

          =  [tex]4[(142)^{\frac{1}{4} }- (18)^{\frac{1}{4} }} ][/tex]

          =  $5.57

Hence, the cost of printing 142 more posters when 18 has already been printed is $5.57.


Related Questions

Suppose Mr. Pink is 28 years old right now and puts away $1,800 per quarter in an account that returns 6% interest. a.) How much will be in the account when he turns 68? b.)What is his total contribution to the account?

Answers

Answer: (a) When he turns 68 , the account will have = $1,179,415.39

(b) $ 288,000

Step-by-step explanation:

Formula: Future value of annuity =[tex]P[\dfrac{(1+r)^n-1}{r}][/tex], where P+ periodic payment, r = rate of interest per period, n= number of periods.

As per given, we have

P= $1800

rate of interest = 6% = 0.06

(a) n= 68-28 = 40

Rate per period : r= [tex]\dfrac{0.06}{4}=0.015[/tex]  

Number of periods: n = 4x 40 =160

Now, Future value of amount when Mr. Pink turns 28 years = [tex]1800(\dfrac{(1+0.015)^{160}-1}{0.015})[/tex]

[tex]=1800(\dfrac{10.8284615777-1}{0.015})\\\\=1800\times\dfrac{9.8284615777}{0.015}\\\\\approx\$1179415.39[/tex]

Hence, when he turns 68 , the account will have = $1,179,415.39

(b) Total contribution = P × n

=1800 × 160

=$ 288,000

Hence, Total contribution =$ 288,000

Someone help me with this, please!

Answers

Answer:

B = 26.4

Step-by-step explanation:

Since this is a right triangle, we can use trig functions

sin theta = opp/ hyp

sin B = 4/9

Take the inverse sin of each side

sin ^-1 sin ( B) = sin ^-1 ( 4/9)

B = 26.38779996

B = 26.4

Answer:

[tex]26.4\º[/tex]

Step-by-step explanation:

[tex]\theta=?[/tex]

[tex]$\sin(\theta)=\frac{opp}{hyp} = \frac{4}{9} $[/tex]

[tex]$\theta=\sin^{-1}\frac{4}{9} =\arcsin\frac{4}{9} \approx 26.4\º$[/tex]

Select the correct option.
In a game, bonus points are awarded based on the number of the level that is cleared. The bonus points are calculated by a function
that is 15 times the cube root of the level cleared and rounded to the closest integer value.
Which of the following options represents the bonus points scored as the levels advance?

Answers

Answer:

Graph A.

Step-by-step explanation:

6th grade math help me, please :)))

Answers

85% x 1600/100 = 1360 number of seats sold

a sample of bacteria is growing at an hourly rate of 14% according to the exponential growth function.the sa

Answers

Answer:

pleasse elaborate more

Step-by-step explanation:

What is the equation of the following graph in vertex form? Courtesy of Texas Instruments A. y = (x − 4)2 − 4 B. y = (x + 4)2 − 4 C. y = (x + 2)2 + 6 D. y = (x + 2)2 + 12

Answers

Answer:

A: y = (x − 4)^2 − 4

Step-by-step explanation:

vertex=(4.-4)

A: y = (x − 4)^2 − 4

y=x^2-8x+16-4

y=x^2-8x+12 (a=1,b=-8,c=12)

the y intercept is (0,12)

vertex ( h, k)

h=-b/2a ⇒ h=-(-8)/2=4

plug the value of h in the equation y=x^2-8x+12

k=4²-8(4)+12

k=16-32+12

k=-4

v(4,-4)

The required equation of the given graph in vertex form is y = (x − 4)² − 4. which is the correct answer would be option (A).

What is Parabola?

A parabola is a U-shaped curve this is drawn for a quadratic function,

f(x) = ax² + b x + c.

The parabola equation into the vertex form:

(y-k) = a(x-h)²

Where (h,k) are the x and y-coordinates of the vertex.

The vertex = (4, -4) is given in the shown graph.

As per option (A),

y = (x − 4)² − 4

y = x²-8x+16-4

y = x²-8x+12 (a=1,b=-8,c=12)

the y-intercept is (0,12)

vertex ( h, k)

h = -b/2a ⇒ h=-(-8)/2=4

Substitute the value of h in the equation y = x²-8x+12

k = 4²- 8(4) + 12

k =16 - 32 + 12

k = -4

Thus, the vertex is (4,-4)

Hence, the correct answer would be option (A).

Learn more about the parabola here:

brainly.com/question/4074088

#SPJ2



5x - y = -7
4x + 2y = – 14

Answers

Answer:

[tex]\boxed{\sf \ \ x=-2, \ y=-3 \ \ }[/tex]

Step-by-step explanation:

Hello,

I assume that you want to solve this system of two equations

   (1) 5x - y  = -7

   (2) 4x + 2y = -14

We will multiply (1) by 2 and add to (2) so that we can eliminate the terms in y

2*(1)+(2) gives

   10x - 2y + 4x + 2y = -7*2 -14 = -14 - 14 = -28

   <=>

   14x = - 28 we can divide by 14 both parts

   x = -28/14 = -2

and then we replace x in (1)

   5*(-2)-y=-7

   -10-y=-7 add 7

   -10-y+7=0

   -3-y=0 add y

   -3 = y

which is equivalent to y = -3

do not hesitate if you have any question

Answer:

x = -2, y = -3

Step-by-step explanation:

5x - y = -7

4x + 2y = – 14

Multiply the first equation by 2

2(5x - y) = 2*-7

10x -2y = -14

Add this to the second equation to eliminate y

10x -2y = -14

4x + 2y = – 14

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

14x = -28

Divide by 14

14x/14 = -28/14

x = -2

Now find y

4x+2y = -14

4*-2 +2y = -14

-8+2y = -14

Add 8 to each side

2y = -6

Divide by 2

2y/2 = -6/2

y = -3

helpppppppp i give you stars bralienst,and also thanks

Answers

Answer:

50% of 100<75% of 104

50% of 100>75% of 60

Step-by-step explanation:

For the inequality to support the statement, we can use 50% of 100 which is 50

Now we need to find "any other number" that is greater. I'll use 104 since it divides evenly. 75% of 104 is 78, 50<78

Now for the second one, we can use 50% of 100 again which is 50.

This time we need to find another number that is less than. I'll use 60. 75% of 60 is 45. 50>45

the mean cost of domestic airfares is RS 385 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of RS 110. What is the probability that a domestic airfare is RS 550 or more?

Answers

Answer: 0.0668

Step-by-step explanation:

Given the following :

Mean (m) Cost = RS385

Standard deviation (s) = RS110

Assume a normal distribution, Probability that domestic airfare is RS550 or more?

P(x > 550)

Find the z - score

Z - score = (x - m) / s

Where x = 550

Z = (550 - 385) / 110

Z = 165 / 110 = 1.5

P(Z > 1.5) = 1 - P(Z ≤1.5)

Using the z table : 1.5 = 0.9332

Therefore,

1 - P(Z ≤1.5) = 1 - 0.9332 = 0.0668

P(x > 550) = 0.0668

Use the accompanying data set to complete the following actions. a. Find the quartiles. b. Find the interquartile range. c. Identify any outliers. 41 52 37 44 42 38 41 48 43 39 36 55 42 35 15 52 39 50 29 30

Answers

Answer:

(a) [tex]Q_1=36.5,M=Q_2=41,Q_3=46[/tex]

(b) [tex]IQR=9.5[/tex]

(c) 15

Step-by-step explanation:

The given data set is

41, 52, 37, 44, 42, 38, 41, 48, 43, 39, 36, 55, 42, 35, 15, 52, 39, 50, 29, 30

Arrange the data in ascending order.

15, 29, 30, 35, 36, 37, 38, 39, 39, 41, 41, 42, 42, 43, 44, 48, 50, 52, 52, 55

Divide the data in four equal parts.

(15, 29, 30, 35, 36), (37, 38, 39, 39, 41), (41, 42, 42, 43, 44), (48, 50, 52, 52, 55)

Now,

[tex]Q_1=\dfrac{36+37}{2}=36.5[/tex]

[tex]M=Q_2=\dfrac{41+41}{2}=41[/tex]

[tex]Q_3=\dfrac{44+48}{2}=46[/tex]

[tex]IQR=Q_3-Q_1=46-36.5=9.5[/tex]

Range for outlier is

[tex][Q_1-1.5IQR,Q_3+1.5IQR]=[36.5-1.5(9.5),46+1.5(9.5)][/tex]

                           [tex]=[22.25,60.25][/tex]

Since, 15 lies outside the interval [22.25,60.25], therefore 15 is an outlier.

-5/2x-3 is less than or equal to 2 what is the solution.

Answers

Answer: 1/4≤x

Step-by-step explanation:

-5/(2x-3)≤2

Multiply by (2x-3)

-5≤4x-6

Add 6

1≤4x

1/4≤x

Hope it helps <3

Answer:

[tex]x \geq 1/4[/tex]

Step-by-step explanation:

=> [tex]\frac{-5}{2x-3} \leq 2[/tex]

Multiplying both sides by (2x-3)

=> [tex]-5 \leq 2(2x-3)[/tex]

=> [tex]-5 \leq 4x-6[/tex]

Adding 6 to both sides

=> [tex]-5+6 \leq 4x[/tex]

=> [tex]4x\geq 1[/tex]

Dividing both sides by 4

=> [tex]x \geq 1/4[/tex]

Probability can never be equal to 154Probability can never be equal to 154

Answers

Answer: True

Step-by-step explanation:

The probability of an event occurring lies between zero and one. A probability of 0 means that the event has no chance of happening for example, rolling a die once and getting a number greater than 6 while a probability of 1 means the event will definitely happen for example, getting a number less than 7 when you roll a die once.

Every other probability falls in-between this range so probability can never be 154.

Given that a function, g, has a domain of -20 ≤ x ≤ 5 and a range of -5 ≤ g(x) ≤ 45 and that g(0) = -2 and g(-9) = 6, select the statement that could be true for g. A. g(0) = 2 B. g(7) = -1 C. g(-13) = 20 D. g(-4) = -11

Answers

Answer:

  C. g(-13) = 20

Step-by-step explanation:

Let's check the offered statements:

  A. g(0) = 2 . . . . . . doesn't match g(0) = -2

  B. g(7) = -1 . . . . . . 7 is not in the domain of g

  C. g(-13) = 20 . . . could be true

  D. g(-4) = -11 . . . . -11 is not in the range of g

Amy have 398.5 L of apple juice . Avery have 40098 ml of apple juice how many do they have all together

Answers

Answer:  438.5L = 438000ml

Step-by-step explanation:

Write the following numbers in decreasing order: −4; 1 2 3 ; 0.5; −1 3 4 ; 0.03; −1; 1; 0; −10; 54

Answers

Answer:

123 ; 54 ; 1 ; 0.5 ; 0.03 ; 0 ; -1 ; -4 ; -10 ; -134

Step-by-step explanation:

123 ; 54 ; 1 ; 0.5 ; 0.03 ; 0 ; -1 ; -4 ; -10 ; -134


find the product of .42 and 7/20

Answers

To make it easier, you can convert 7/20 to a decimal, and as a decimal it is 0.35. 0.42*0.35=0.147, so .42*7/20=0.147.

Answer:

0.147

Step-by-step explanation:

0.42 * 7/20

Well, 0.42 = 42/100. Now we have both numbers as fractions.

We can simplify 42/100 to 21/50

Therefore we have 7/20 * 21/50

To multiply fractions multiply the numerators together and multiply the denominators together.

This gives: 147 / 1000

Which is equal to 0.147

Therefore 0.42 * 7/20 = 0.147

A 6 foot person casts a 26 foot shadow. What is the angle of elevation of the sun? (nearest whole degree)

Answers

Answer:

13°

Step-by-step explanation:

The trigonometric ratio formula can be used in calculating the angle of elevation (x°) of the sun, as the person makes a right angle with the ground.

The height of the person would be the opposite length = 6 ft, the shadow of the person would be the adjacent length = 26 ft

Therefore, according to the trigonometric ratio formula, we would calculate angle of elevation (x°) as follows:

[tex] tan x = \frac{opposite}{adjacent} [/tex]

[tex] tan x = \frac{6}{26} [/tex]

[tex] tan x = 0.2308 [/tex]

x = tan-¹(0.2308)

x = 12.996

x ≈ 13° (to the nearest whole degree)

The angle of elevation of the sun = 13°

Scores turned in by an amateur golfer at the Bonita Fairways Golf Course in Bonita Springs, Florida, during and are as follows: Season: 7377787674727476 Season: 7069747684797078a. Calculate the mean (to the nearest whole number) and the standard deviation (to decimals) of the golfer's scores, for both years.MeanStandard deviationMeanStandard deviationb. What is the primary difference in performance between and

Answers

Complete question is;

Scores turned in by an amateur golfer at the Bonita Fairways Golf Course in Bonita Springs, Florida, during 2005 and 2006 are as follows:

2005 Season: 73 77 78 76 74 72 74 76

2006 Season: 70 69 74 76 84 79 70 78

​A) Calculate the mean (to the nearest whole number) and the standard deviation (to decimals) of the golfer's scores, for both years.

B) What is the primary difference in performance between 2005 and 2006? What improvement,

if any, can be seen in the 2006 scores?

Answer:

A) 2006 mean = 75

2005 mean = 75

2006 standard deviation = 5.2644

2005 standard deviation = 2.0702

B)The primary difference is that variation is higher in the 2006 season than the 2005 season.

Step-by-step explanation:

A) Mean is the sum of all scores divided by the number of scores.

Thus;

μ_2005 = (73 + 77 + 78 + 76 + 74 + 72 +74 + 76)/8 = 75

Similarly;

μ_2006 = (70 + 69 + 74 + 76 + 84 + 79 + 70 + 78)/8 = 75

Now, variance is calculated by the sum of the square of mean deviations divided by (n - 1)

Thus;

2005 Variance = ((73-75)² + (77-75)² + (78-75)² + (76-75)² + (74-75)² + (72-75)² + (74-75)² + (76-75)²)/(8-1) = 4.2857

2006 Variance = ((70-75)² + (69-75)² + (74-75)² + (76-75)² + (84-75)² + (79-75)² + (70-75)² + (78-75)²)/(8 - 1) = 27.7143

Now, standard deviation is the square root of variance.

Thus;

2005 standard deviation = √4.2857 = 2.0702

2006 standard deviation = √27.7143 = 5.2644

B) The primary difference is that variation is higher in the 2006 season than the 2005 season.

Also,

I NEED HELP!
Rectangle ABCD is drawn with diagonal AC, which has a measure of 20cm. Angle BACmeasures 30°. What is the
perimeter and area of the rectangle?

Answers

Answer:

Perimeter = 54.6 cm

Area = 173 cm²

Step-by-step explanation:

sin 30 = x/20

x = 10

cos 30 = y /20

y = 17.3

perimeter = 10 + 17.3 + 10 + 17.3 = 54.6 cm

area = 10 * 17.3 = 173 cm²

A market trader has 100 oranges for sale, 4 of them are unripe, what is the
probability that an orange chosen at random is ripe?



4/100?
90/100?
2/5?
24/25?​

Answers

Answer: 24/25

Explanation:

100/100 - 4/100 = 96/100 = 24/25

[tex]\bold{Answer}:\quad \dfrac{24}{25}[/tex]

Step-by-step explanation:

There are 100 oranges.  4 of them are unripe which means 96 are ripe.

[tex]\dfrac{ripe}{total}=\dfrac{96}{100}\quad \div \dfrac{4}{4}=\large\boxed{\dfrac{24}{25}}[/tex]

Rachel Plant has ​$28,000 invested in stock A and stock B. Stock A currently sells for ​$20 a share and stock B sells for ​$80 a share. If stock B doubles in value and stock A goes up​ 50%, her stock will be worth ​$54,000. How many shares of each stock does she ​own?

Answers

Answer:

A= 66.6667

B = 333.3333

Step-by-step explanation:

Initial value of A = $20

Initial value of B = $80

Initial total=$ 28000

A moves up 50%= 20+(0.5*20)

A moves up 50% = 20+10

A moves up 50% =$ 30

B double it values = $80*2

B double it values = $160

Now total value is = $54000

A20+B80= 28000... equation 1

A30+B160= 54000.... equation 2

Multiplying equation 1 * 2

Multiplying equation 2 * 1

A40 +B160 = 56000

A30+B160= 54000

A30 = 2000

A= 2000/30

A= 200/3

A= 66.6667

A20+B80= 28000

Substituting A

200/3 (20) +B80= 28000

B80= 28000-4000/3

B80= 80000/3

B= 80000/240

B = 333.3333

Which of the following shapes can NOT be created by revolving a two-dimensional figure around an axis? There can be more than 1. A. come B. cube C. Rectangular pyramid D. Rectangular Prism E. Cylinder F. Sphere

PLEASE HELP

Answers

Answer:

A. Cone

D. Rectangular Prism

E. Cylinder

F. Sphere

Step-by-step explanation:

Rectangular Prism is a solid three dimensional shape. It has six faces which are sides of a rectangle. It is also known as Cuboid. The rectangular prism cannot be formed with two dimensional shapes. Sphere is a geometrical object which is a three dimensional circle. This shape has a circumference so this shape cannot be formed with two dimensional shapes.

Kite LMNO is shown below.

What is the measure of angle M

Answers

Answer:

<M = 78°

Step-by-step explanation:

The sum of angles in a kite is 360°.

One of the properties of a kite is that one pair of opposite angles are equal.

Since it is not <L and <N, it must be <O and <M

Therefore:

<O = <M = x

=> x + x + 130 + 74 = 360

2x + 204 = 360

2x = 360 - 204

2x = 156

x = 156/2 = 78°

This means that <M = 78°

Consider the following scores. (i) a score of 40 from a distribution with mean 50 and standard deviation 10 (ii) a score of 45 from a distribution with mean 50 and standard deviation 5 How do the two scores compare relative to their respective distributions

Answers

Answer:

The scores are equal

Step-by-step explanation:

The z-score for any normal distribution is:

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

(i) Score (X) = 40

Mean (μ)= 50

Standard deviation (σ) = 10

[tex]z=\frac{40-50}{10}\\ z=-1[/tex]

(ii) Score (X) = 45

Mean (μ)= 50

Standard deviation (σ) = 5

[tex]z=\frac{45-50}{5}\\ z=-1[/tex]

Both scores have the same z-score, which means that, relative to their respective distributions, the scores are equal.

Evaluate the following geometric sum.
1/2 + 1/10 + ( 1/50) + (1/250 ) + midline ellipsis + (1/31,250)

Answers

Answer:

39062/62,500

Step-by-step explanation:

Given the following geometric progression; 1/2 + 1/10 + ( 1/50) + (1/250 ) + ... + (1/31,250),the sum of the arithmetic geometric progression is expressed using the formula below;

Sn = a(1-rⁿ)/1-r  for r less than 1

r is the common ratio

n is the number of terms

a is the first term of the series

In between the mid-line ellipsis there are 2 more terms, making the total number of terms n to be 7]

common ratio = (1/10)/(1/2) =  (1/50)/(1/10) =  (1/250)/(1/50) = 1/5  

a = 1/2

Substituting the given values into the equation above

S7 = 1/2{1 - (1/5)⁷}/1 - 1/5

S7 = 1/2(1- 1/78125)/(4/5)

S7 = 1/2 (78124/78125)/(4/5)

S7 = 78124/156,250 * 5/4

S7 = 390,620/625000

S7 = 39062/62,500

Hence the geometric sum is 39062/62,500

my number is the first multiple of 3,6, and 9 what is my number

Answers

Answer:

18 is the first multiple of 3,6, and 9.

Step-by-step explanation:

Answer:

18

Step-by-step explanation:

We need to find the LCM (lowest common multiple) of 3, 6, and 9. Let's count by multiples of 3 to find it.

3 (not a multiple of 6 or 9), 6 (not a multiple of 9), 9 (not a multiple of 6), 12 (not a multiple of 9), 15 (not a multiple of 6 or 9), 18.

Since 18 is the first number that is a multiple of 3, 6, and 9, that is the answer.

Find the hcf of 15a²b² and -24ab | plzzz solve

Answers

Answer:

[tex]\large \boxed{\sf \ \ \ 3\cdot a \cdot b \ \ \ }[/tex]

Step-by-step explanation:

Hello,

First of all, let's find the factors of these two numbers and I will put in boxes the common factors.

[tex]15a^2b^2=\boxed{3}\cdot 5\cdot \boxed{a} \cdot a \cdot \boxed{b} \cdot b \\ \\ \\-24ab=(-1)\cdot 2 \cdot \boxed{3} \cdot 4 \cdot \boxed{a} \cdot \boxed{b}[/tex]

The Highest Common Factor (HCF) is found by finding all common factors and selecting the largest one. So, in this case, it gives

[tex]\large \boxed{\sf \ \ \ 3\cdot a \cdot b \ \ \ }[/tex]

Hope this helps.

Do not hesitate if you need further explanation.

Thank you

What's the common denominator of this equation?
3 - b = 6-7

Answers

Answer:

b = 4

Step-by-step explanation:

3 - b = 6 - 7

3 - b = -1

-b = -1 -3

-b = -4

b = 4

The answer is b !
i hope i helped :)

Imagine a man in the Chicago suburbs went outside to shovel his driveway after the Feb 10, 2018 snowstorm and had a heart attack while shoveling. When the police discovered the body later that day at 4PM, his body temperature had dropped from 98.6°F to 42°F. The environmental air temperature was 10°F. What time did he die from the heart attack?

Answers

Answer:

I did my best with the information! The Man died at around 11:20 am.

Step-by-step explanation:

So due to the algus mortis process, after death, a body can stay at its regulated temperature for up to 2 to 3 hours postmortem. But after that, the body soon drops at about 1 degrees celsius each hour. 1 degrees celsius is about -33 . So he was found at 42 degrees fahrenheit, which means he died somewhere around 11 o-clock. We do not know how long the postmortem process had his temperature delayed, so it would be roughly I say around 11: 20 am.

Hypothesis Testing
Problem 1. Adults saving for retirement
In a recent survey conducted by Pew Research, it was found that 156 of 295 adult Americans without a high school diploma were worried about having enough saved for retirement. Does
the sample evidence suggest that a majority of adult Americans without a high school diploma are worried about having enough saved for retirement? Use a 0.05 level of significance
1. State the null and alternative hypothesis.
2. What type of hypothesis test is to be used?
3. What distribution should be used and why?
4. Is this a right, left, or two-tailed test?
5. Compute the test statistic.
6. Compute the p-value.
7. Do you reject or not reject the null hypothesis? Explain why.
8. What do you conclude?
Problem 2: Google Stock
Google became a publicly traded company in August 2004. Initially, the stock traded over 10 million shares each day! Since the initial offering, the volume of stock traded daily has
decreased substantially. In 2010, the mean daily volume in Google stock was 5.44 million shares, according to Yahoo!Enance. A random sample of 35 trading days in 2014 resulted in a
sample mean of 3.28 million shares with a standard deviation of 1.68 million shares. Does the evidence suggest that the volume of Google stock has changed since 2007? Use a 0.05 level of
significance
1. State the null and alternative hypothesis.
2. What type of hypothesis test is to be used?
3. What distribution should be used and why?
4. Is this a right, left, or two-tailed test?
5. Compute the test statistic.
6. Compute the p-value.
7. Do you reject or not reject the null hypothesis? Explain why
8. What do you conclude?

Answers

Answer:

Problem 1: We conclude that less than or equal to 50% of adult Americans without a high school diploma are worried about having enough saved for retirement.

Problem 2: We conclude that the volume of Google stock has changed.

Step-by-step explanation:

Problem 1:

We are given that in a recent survey conducted by Pew Research, it was found that 156 of 295 adult Americans without a high school diploma were worried about having enough saved for retirement.

Let p = proportion of adult Americans without a high school diploma who are worried about having enough saved for retirement

So, Null Hypothesis, [tex]H_0[/tex] : p [tex]\leq[/tex] 50%    {means that less than or equal to 50% of adult Americans without a high school diploma are worried about having enough saved for retirement}

Alternate Hypothesis, [tex]H_A[/tex] : p > 50%     {means that a majority of adult Americans without a high school diploma are worried about having enough saved for retirement}

This is a right-tailed test.

The test statistics that would be used here is One-sample z-test for proportions;

                       T.S.  =  [tex]\frac{\hat p-p}{\sqrt{\frac{p(1-p)}{n} } }[/tex]  ~ N(0,1)

where, [tex]\hat p[/tex] = sample proportion of adult Americans who were worried about having enough saved for retirement = [tex]\frac{156}{295}[/tex] = 0.53

           n = sample of adult Americans = 295

So, the test statistics =  [tex]\frac{0.53-0.50}{\sqrt{\frac{0.50(1-0.50)}{295} } }[/tex]

                                    =  1.03

The value of z-test statistics is 1.03.

Also, the P-value of the test statistics is given by;

              P-value = P(Z > 1.03) = 1 - P(Z [tex]\leq[/tex] 1.03)

                           = 1 - 0.8485 = 0.1515

Now, at a 0.05 level of significance, the z table gives a critical value of 1.645 for the right-tailed test.

Since the value of our test statistics is less than the critical value of z as 1.03 < 1.645, so we insufficient evidence to reject our null hypothesis as it will not fall in the rejection region.

Therefore, we conclude that less than or equal to 50% of adult Americans without a high school diploma are worried about having enough saved for retirement.

Problem 2:

We are given that a random sample of 35 trading days in 2014 resulted in a  sample mean of 3.28 million shares with a standard deviation of 1.68 million shares.

Let [tex]\mu[/tex] = mean daily volume in Google stock

So, Null Hypothesis, [tex]H_0[/tex] : [tex]\mu[/tex] = 5.44 million shares    {means that the volume of Google stock has not changed}

Alternate Hypothesis, [tex]H_A[/tex] : [tex]\mu[/tex] [tex]\neq[/tex] 5.44 million shares     {means that the volume of Google stock has changed}

This is a two-tailed test.

The test statistics that would be used here is One-sample t-test statistics because we don't know about the population standard deviation;

                       T.S.  =  [tex]\frac{\bar X-\mu}{\frac{s}{\sqrt{n} } }[/tex]  ~ [tex]t_n_-_1[/tex]

where, [tex]\bar X[/tex] = sample mean volume in Google stock = 3.28 million shares

            s = sample standard deviation = 1.68 million shares

           n = sample of trading days = 35

So, the test statistics =  [tex]\frac{3.28-5.44}{\frac{1.68}{\sqrt{35} } }[/tex]  ~ [tex]t_3_4[/tex]

                                    =  -7.606

The value of t-test statistics is -7.606.

Also, the P-value of the test statistics is given by;

              P-value = P([tex]t_3_4[/tex] < -7.606) = Less than 0.05%

Now, at a 0.05 level of significance, the t table gives a critical value of -2.032 and 2.032 at 34 degrees of freedom for the two-tailed test.

Since the value of our test statistics doesn't lie within the range of critical values of t, so we sufficient evidence to reject our null hypothesis as it will fall in the rejection region.

Therefore, we conclude that the volume of Google stock has changed.

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