Answer:B
Step-by-step explanation:because an arithmetic sequence would be either adding or subtracting and B is dividing or if it’s easier from right to left it’s multiplying
The changes in housing prices over short time periods are in part determined by supply and demand. A real estate company in Minnesota projected an increase in its average selling prices of homes in the first quarter of 2014 over the mean 2013 selling price of $201,800. The reason for the projection was an increase in demand due to business expansion and the subsequent increase in labor. To investigate the accuracy of the projection, a sample of homes in the first quarter of 2014 was selected and the following selling prices (in $) recorded:
235,000 271,900 183,300 203,000 182,900 225,500 189,000 214,200 237,900 233,500 217,000 230,400 202,950, 216,500 209,900, 245,500
Required:
a. At 5% level of significance, is there sufficient evidence to support the real estate company's projection?
b. Which statistical distribution should be applied in this situation and why? Explain carefully.
c. Discuss the consequences of Type I and Type II errors in terms of the problem.
d. Does the management at the real estate company want a small or large value of the significance level? Explain carefully.
e. Based on a 95% confidence level, estimate the actual average selling price homes in the first quarter of 2014.
Answer:
The data given is
235,000 271,900 183,300 203,000 182,900 225,500 189,000 214,200 237,900 233,500 217,000 230,400 202,950, 216,500 209,900, 245,500
The sample size is n = 16
The population is [tex]\mu = \$201,800[/tex]
The sample mean is mathematically represented as
[tex]\= x =\frac{\sum x_i}{n}[/tex]
=> [tex]\= x =\frac{235,000 + 271,900 + \cdots + 245,500 }{16}[/tex]
=> [tex]\= x = 218653.125[/tex]
Generally the sample standard deviation is mathematically represented as
[tex]s = \sqrt{\frac{\sum (x_i - \= x)^2}{n} }[/tex]
=> [tex]s = \sqrt{\frac{ (235,000 - 218653.125)^2+ (271,900 - 218653.125)^2 + \cdots + (245,500 - 218653.125)^2}{16} }[/tex]
=> [tex]s = 23946.896 [/tex]
The null hypothesis is [tex]H_o : \mu = \$201,800[/tex]
The alternatively hypothesis is [tex]H_o : \mu > \$201,800 [/tex]
Generally the test statistics is mathematically represented as
[tex]t = \frac{\= x - \mu }{ \frac{s}{\sqrt{n} } }[/tex]
=> [tex]t = \frac{218653.125 - 201800 }{ \frac{23946.896 }{\sqrt{16} } }[/tex]
=> [tex]t = 2.82[/tex]
Generally the degree of freedom is mathematically represented as
[tex]df = n - 1[/tex]
=> [tex]df = 16 - 1[/tex]
=> [tex]df = 15[/tex]
Generally the probability of [tex]t = 2.82[/tex] at a degree of freedom of [tex]df = 15[/tex] from the t - distribution table is
[tex]p-value = P( t >2.82 ) =0.00646356[/tex]
The
From the values obtained we see that [tex]p-value < \alpha[/tex]
The decision rule is
Reject the null hypothesis
The conclusion is
There is sufficient evidence to conclude that the real estate company's projection is true
Given that the population variance is unknown then the best statistical distribution to be applied is the t -distribution
Type I Error
The type 1 error occur when the null hypothesis is wrongfully rejected
The consequence in this case is the company will assume that the average selling price has increase and this will lead the company to start expanding the business while in the real sense the average selling price is still $201,800
Type II Error
The type 11 error occur when the null hypothesis is wrongfully accepted(i.e wrongfully failed to reject the null hypothesis)
The consequence in this case is that the company will assume that the average selling price is still $201,800 and will not make plans to increase the business while in the real sense the average selling price has increased
Given that resource is scare the management of the company will want a smaller significance level in order not to commit type I error which will lead to wrongly expanding the business and wastes of resources
generally the critical value of [tex]\frac{\alpha }{2}[/tex] from the normal distribution table is
[tex]Z_{\frac{\alpha }{2} } = 1.96[/tex]
Generally the margin of error is mathematically represented as
[tex]E =Z_{\frac{\alpha }{2} } * \frac{s}{\sqrt{n} }[/tex]
=>[tex]E =1.96* \frac{23946.896}{\sqrt{16} }[/tex]
=>[tex]E = 11733.96[/tex]
Generally the 95% confidence interval is mathematically represented as
[tex]218653.125 - 11733.96 < \mu < 218653.125 + 11733.96[/tex]
=> [tex]206919.165 < \mu < 230387.085[/tex]
Generally there is 95% confidence that the actual average selling price is within this interval
Step-by-step explanation:
In order to compare the durability of four different brands of golf balls (ALPHA, BEST, CENTURY, and DIVOT), the National Golf Association randomly selects five balls of each brand and places each ball into a machine that exerts the force produced by a 250-yard drive. The number of simulated drives needed to crack or chip each ball is recorded. The results are given in the following table.
Alpha Best Century Divot
281 270 218 364
220 334 244 302
274 307 225 325
242 290 273 337
251 331 249 355
Provide the EXCEL printout of ONEWAY ANOVA using either DATA ANALYSIS or PTSTAT2 to determine whether the mean number of stimulated drives differs by brand of golf ball.
Use the ANOVA printout to write-up the six step hypothesis testing procedure for determining whether the average number of simulated drives differs by brand of golf ball. What is the p-value for this problem and what does it mean? Assume alpha =.05.
Answer:
As our computed test statistic falls in critical region, so we reject our null hypothesis. Also p-value=0.0009 is less than significance level, so we reject our null hypothesis and conclude that the average number of simulated drives differs by brand of golf ball at 5% significance level.
Step-by-step explanation:
Excel output print out
Anova: Single Factor
SUMMARY
Groups Count Sum Average Variance
Alpha 5 1268 253.6 609.3
Best 5 1532 306.4 740.3
Century 5 1209 241.8 469.7
Divot 5 1583 316.6 1235.3
ANOVA
Source of Variation SS df MS F P-value F crit
Between Groups 20960.4 3 6986.8 9.149217573 0.000925804 3.238871517
Within Groups 12218.4 16 763.65
Total 33178.8 19
The six steps of hypothesis are
1. Null hypothesis: The average number of simulated drives are same by brand of golf ball
Alternative hypothesis: The average number of simulated drives differs by brand of golf ball
2. Significance level: α=0.05
3. Test statistic: F-ratio for one way anova
4. Computations
F=9.149
5. Critical region: F>3.239
6. Conclusion:
As our computed test statistic falls in critical region, so we reject our null hypothesis. Also p-value=0.0009 is less than significance level, so we reject our null hypothesis and conclude that the average number of simulated drives differs by brand of golf ball at 5% significance level.
Which expression is equivalent to |-5| + |3|?
Answer:
5+3 =8
Step-by-step explanation:
absolute value
working through this one. An airplane cuts through the morning sky. For every 1,000 feet that it climbs, the outside temperature drops 20 degrees Fahrenheit What is the rate of temperature change in degrees Fahrenheit per foot? In the following activity, you'll use what you know about dividing rational numbers to find the solution. Complete the steps below to answer the question. write the change in elevation and the temperature as rational number.
Answer:
Step-by-step explanation:
The air plane is rising so the change in elevation is +1000 feet. The temp dropped and is -20 degrees ferhenhite.
A hotel manager records the number of bookings made at various prices during July.
What type of correlation does the graph show?
A. strong positive correlation
B. weak positive correlation
C. strong negative correlation
D. weak negative correlation
E. no correlation
Answer:
C. strong negative correlation
Step-by-step explanation:
I would say the answer is C. a strong negative correlation.
Firstly, the graph is 'going downwards', meaning that the relationship is negative. This is because one variable decreases when the other is increased. I think it is a strong relationship because the trend is quite clear through the points and the slope is moderately steep.
Hope this helped!
Simplify. 32v2 the power of 4/ 8v to the power of 6
Part C
Solve the equation or inequality for the unknown number. Show your work.
Helppp
Answer:
x = 5
Step-by-step explanation:
According to Wine-Searcher, wine critics generally use a wine-scoring scale to communicate their opinions on the relative quality of wines. Wine scores range from to , with a score of indicating a great wine, indicating an outstanding wine, indicating a very good wine, indicating a good wine, indicating a mediocre wine, and below indicating that the wine is not recommended. Random ratings of a pinot noir recently produced by a newly established vineyard in follow:
87 91 86 82 72 91
60 77 80 79 83 96
Required:
a. Develop a point estimate of mean wine score for this pinot noir (to decimals).
b. Develop a point estimate of the standard deviation for wine scores received by this pinot noir (to decimals).
Answer:
a
[tex]\= x = 82 [/tex]
b
[tex]s = 9.64 [/tex]
Step-by-step explanation:
From the question we are told that
The data is 87 91 86 82 72 91 60 77 80 79 83 96
Generally the point estimate for the mean is mathematically represented as
[tex]\= x = \frac{\sum x_i }{n}[/tex]
=> [tex]\= x = \frac{87 +91 + 86 + \cdots + 96}{12}[/tex]
=> [tex]\= x = 82 [/tex]
Generally the point estimate for the standard deviation is mathematically represented as
[tex]s = \sqrt{\frac{ \sum ( x_i - \= x )^2 }{ n -1 } }[/tex]
=> [tex]s = \sqrt{\frac{ ( 87 - 82 )^2 +( 91 - 82 )^2 + \cdots + ( 96 - 82 )^2 }{ 12 -1 } }[/tex]
=> [tex]s = 9.64 [/tex]
Part(a): The required mean is 82
Part(b): The required standard deviation is 9.639
Mean:
The mean is one of the measures of central tendency.
Part(a):
The formula for finding the mean is,
[tex]\bar{x}=\frac{\sum x_i}{n}[/tex]
Now, calculating the mean for the [tex]n=12[/tex] observation
[tex]\bar{x}=\frac{87+91+86+82+72+91+60+77+80+79+83+96}{12}\\ \bar{x}=82[/tex]
Part(b):
The formula for the standard deviation is,
[tex]S=\sqrt{\frac{\sum (x_i-\bar{x})^2}{n-1} }[/tex]
Substituting the given values into the above formula we get,
[tex]S=\sqrt{\frac{((87-82)^2+(91-82)^2)+(86-82)^2+(82-82)^2+(72-82)^2+(91-82)^2+(60-82)^2+(77-82)^2+...+(96-82)^2}{12-1} } \\S=9.639[/tex]
Learn more about the topic Mean:
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Given f (x) = 3x - 6 and g (x) = 2x²
1. Find: f (g (x))
2. Evaluate: f ( g ( -2))
PLEASE HELP ASAP!
Answer:
1. 6x^2-6
2. 18
Step-by-step explanation:
1. f(g(x))= 3(2x^2)-6= 6x^2-6
2. f(g(-2))= 3 (2(-2)^2)-6= 3(2(4))-6= 3(8)-6=24-6=18
during a sale, 20 cent bars of soap were sold at the rate of 3 for 50 cents. how much is saved on 9 bars?
Answer:
30 is saved
Step-by-step explanation:
20 x 3 = 60 - 50 = 10, you get 10 three times because of 9 / 3 = 3 you get 10 x 3 = 30
Solve for x: y=3mx-2b
Answer:
x=(y+2b)/3m
Step-by-step explanation:
y+2b=3mx
(y+2b)/3m=x
Which explains how you round 212.809 to the nearest hundredth?
A.
Since the digit in the hundredths place is less than 5, keep the digit in the hundredths place. Then drop the digit in the thousandths place.
B.
Since the digit in the hundredths place is less than 5, keep the digit in the tenths place. Then drop the digit in the hundredths and thousandths places.
C.
Since the digit in the thousandths place is greater than or equal to 5, increase the digit in the hundredths place by 1. Then drop the digit in the thousandths place.
D.
Since the digit in the thousandths place is greater than or equal to 5, keep th
Answer:
c
Step-by-step explanation:
Please Help! :(
Six teams are out on the field playing soccer. The teams all have the same number of players. The head coach asks for 2 players from each team to come help him move some equipment. Now there are 78 players on the field. Write and solve an algebraic equation whose solution is the number of players, p, on each team.
Write the Equation and the answer please
Answer: there is 90 players in total
Step-by-step explanation:
6x 2= 12
78 + 12 = 90
Answer:
x=15
Step-by-step explanation:
6(x−2)=78 (or 6x−12=78), x=15
pair of angles is an example of supplementary angles will mark brainest
Answer:
Angle 1 and Angle 7
Step-by-step explanation:
Angle 1 and angle 7 are supplementary angles. Angle 3 and angle 7 are corresponding angles and angle 1 + angle 3 = 180
Answer:
Angle 1 and angle 7Step-by-step explanation:
supplementary angles adds up to 180
angle 1 and angle 7 is an example of supplementary angles.
other options do not apply.
Please and wet the question. Thanks
Answer:
1.0.00015*0.33333...
2.(3^4*2^6)
HOPE THIS HELPS
Oxygen makes up about 20% of the volume of air. Which of these expresses the amount of air made up of oxygen?
PLZ I GIVE BRAILIEST
Answer:
Step-by-step explanation:
in decimal it is 20.00, in fraction it is 1/5.
Given the equation: 3x − 4y = 8,
a) write an equation of a line parallel that passes through the point (-16, 4).
b) write an equation of a line perpendicular that passes through the point (9, -7).
Answer:
use slope intercept formula
y=Mx +b
Step-by-step explanation:
3X-4Y=8
3X-8 = 4Y
y = 3/4x-2
our new equation just needs to have the same slope M= 3/4
y-y1=M(x-x1)
y-4=3/4(x-(-16))
y=3/4x+12+4
y=3/4x+16 answer a
for a perpendicular line.. just take the inverse of the slope... and change the sign. so now our slope is - 4/3
plug in our new point (9,-7)
y-(-7) = -4/3(x-9)
y+7=-4/3x+12
y= -4/3x +5 answer b
Using exponential maths what is 2x = 1/128
Name the points which satisfy the conditions. The ordinate is zero.
9514 1404 393
Answer:
G
Step-by-step explanation:
The one point with a y-value of 0 is the one on the x-axis: G.
help im confused..........
Answer:
rvefncoqjefadsNofvewnvfeeljjnfvqe
Step-by-step explanation:
fdcopjsfddcaxjefwpojdsjandipewhhqdaspcixpjewfs;odkcnewoasjjncikkjasn;kcjnnsixjfiasxhcjnsdaxo[okckiefihihehabficphbkjckd khksdk a help me
Answer:
lol im confused aswell
Step-by-step explanation:
The mean output of a certain type of amplifier is 466 watts with a standard deviation of 10 watts. If 32 amplifiers are sampled, what is the probability that the mean of the sample would differ from the population mean by less than 1.6 watts? Round your answer to four decimal places.
Answer:
0.8186
Step-by-step explanation:
The formula to use to solve this question is given as:
z = (x-μ)/σ/√n, where
x is the raw score
μ is the population mean
σ is the population standard deviation.
n is the random number of samples
P(z < (x-μ)/σ/√n)
(x-μ) = 1.6 watts
σ = 10 watts
n = 32 amplifiers
Hence,
P(z < 1.6/10/√32)
P(z < 1.6/1.767766953)
P(z < 0.9050966799)
Approximately to 2 decimal places)
P(z < 0.91)
= 0.81859
Rounded to four decimal places, the probability that the mean of the sample would differ from the population mean by less than 1.6 watts is 0.8186.
6 hours and 30 minutes after 11;00 is what time
Answer:
5:30
Step-by-step explanation:
you go ahead and add the 30 minutes so you then have 11:30 plus 6 hours is 5:30 because it only goes to 12:00 and repeats.
it was wrong it is actually 0.29 or .29
Answer:
Form what?
Step-by-step explanation:
Step-by-step explanation:
what are you taking about ?
Write the decimal represented by each shaded square.
Answer:
Hello!!! Princess Sakura here ^^
Step-by-step explanation:
The decimal would be .70 because there's 70 squares that are shaded.
-5 is a rational number and an integer yes or no
Answer:
Yes
Step-by-step explanation:
Integers are whole numbers that are positive and negative. Since -5 is an integer then is also a rational number because all integers are rational numbers
is 10 15 18 equal to a right triangle
Answer:
no
Step-by-step explanation:
Right triangles follow the Pythagorean theorem:
[tex]a^2+b^2=c^2\\c=\sqrt{a^2+b^2}\\18=\sqrt{10^2+15^2} \\18=\sqrt{325} \\18 != 18.0277\\[/tex]
Because this statement isn't true, the side lengths are not for a right triangle.
Please help me answer the question in the photo! Will give brainlist :)
Answer:
the answer is B because it make a 90* angle
Answer ASAP: What is the smallest positive number that can be added to 55 so that the resulting number and 45 have 9 as their greatest common factor?
Answer:
55 + 45 = 90
90 divided by 45 = 2
90 divided by 9 = 10
Step-by-step explanation:
Please help me ..................
The answers are shown below:
What is square root?The square root of a number is that factor of a number which when multiplied by itself gives the original number. Squares and square roots are special exponents.
Consider the number 9. When 3 is multiplied by itself, it gives 9 as the product. This can be written as 3 × 3 or 32. Here, the exponent is 2, and we call it a square. Now when the exponent is 1/2, it refers to the square root of the number. For example, √n = n^1/2, where n is a positive integer.
a) point E represent √47 ( 6.855)b) point D represent √27 ( 5.19)
c) point A represent √11 ( 3.316)
√13(3.6050 lies between 3 and 4.-√150 (12.247) lies between (-12 and -13)side = √area= √30 = 5.477 inch√90=9.48 ( option b)The incorrect statement is √12 lies between 4 and 5Learn more about square root here:
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What is the equation of the line that is parallel to the line 2x − y = 3 and passes through the point (2, −1)?
A. y = −½ x − 5
B. y = −½ x − 1
C. y = 2x − 5
D. y = 2x − 1
Answer:
C. y = 2x − 5
Step-by-step explanation:
Given equation of line
2x − y = 3
rewriting the equation in slope intercept form as answer are given slope intercept form
y = 2x - 3
slope intercept form of equation is
y = mx + c
where m is the slope
c is y intercept
thus
slope for y = 2x - 3 when comparing with y = mx + c is 2
now we know slope of two parallel line is same
thus,
the slope of line that is parallel to the line 2x − y = 3
is 2
Let the equation of required line be y = mx + c
where m = 2
thus
y = 2x + c is the new required equation
it passes through the point (2, −1)
using y = -1 and x = 2 in y = 2x + c
-1 = 2*2 + c
c = -1 - 4
c = -5
thus,
equation of required line is option c
y = 2x - 5 ----answer