An insurance company reports that 75% of its claims are settled within two months of being filed. In order to test that the percent is less than seventy-five, a state insurance commission randomly selects 35 claims and determines that 23 of the 35 were settled within two months. State the null and alternative hypothesis

We want to test that the percent is less than seventy-five so then the system of hypothesis are given by:

Null hypothesis:  

Alternative hypothesis:  

Step-by-step explanation:

Previous concepts

A hypothesis is defined as "a speculation or theory based on insufficient evidence that lends itself to further testing and experimentation. With further testing, a hypothesis can usually be proven true or false".  

The null hypothesis is defined as "a hypothesis that says there is no statistical significance between the two variables in the hypothesis. It is the hypothesis that the researcher is trying to disprove".  

The alternative hypothesis is "just the inverse, or opposite, of the null hypothesis. It is the hypothesis that researcher is trying to prove".  

Solution to the problem

For this case we can estimate the proportion of interest is given by:

We want to test that the percent is less than seventy-five so then the system of hypothesis are given by:

Null hypothesis:  

Alternative hypothesis:  

When we conduct a proportion test we need to use the z statisitc, and the is given by:  

(1)  

rick has $1400 and sally has $1500

step-by-step explanation:

to find amount of money rick has after 10 years :

principal = $1000 , time = 10 years , rate = 4% annually

to find amount of money sally has after 10 years :

her friend gives to pay her $50 per year, therefore money she has after 10 years = 50 × 10 = $500

also, sally gets $1000 after 10 years,

therefore, total amount of money sally has after 10 years = 500 + 1000 = $1500

so, after 10 years : rick has $1400 and sally has $1500

answer: answer: d) v= 1/6 bh  

step-by-step explanation:

since according to the given question,   a pyramid is placed inside a prism.

step-by-step explanation: