Business, 30.05.2020 21:00 badpotterchris
The mean income per person in the United States is $36,500, and the distribution of incomes follows a normal distribution. A random sample of 10 residents of Wilmington, Delaware, had a mean of $41,500 with a standard deviation of $8,600. At the 0.050 level of significance, is that enough evidence to conclude that residents of Wilmington, Delaware, have more income than the national average?a) State the null hypothesis and the alternate hypothesis.
b) State the decision rule for 0.100 significance level. (Round your answer to 3 decimal places.)
c) Compute the value of the test statistic. (Round your answer to 2 decimal places.)
Answers: 2
Another question on Business
Business, 22.06.2019 11:50
True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.
Answers: 2
Business, 22.06.2019 21:20
Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was:
Answers: 2
Business, 23.06.2019 10:00
Brody and tanya recently sold some land they owned for $150,000. they received the land five years ago as a wedding gift from brody's aunt jeanette. she had already given them cash equal to the annual exclusion during that year. aunt jeanette purchased the land many years ago when the property was worth $20,000. at the time of the gift, the property was worth $100,000 and aunt jeanette paid $47,000 in gift tax. what is the long term capital gain on the sale of the property
Answers: 3
Business, 23.06.2019 14:30
Is an image at the top of the page that includes the title
Answers: 1
You know the right answer?
The mean income per person in the United States is $36,500, and the distribution of incomes follows...
Questions
Chemistry, 12.08.2019 19:10
Computers and Technology, 12.08.2019 19:10
Computers and Technology, 12.08.2019 19:10
