subject
Mathematics, 30.07.2021 01:40 chloe1107

Continuing on with the previous question. The Progressive Conservatives claim the average of 690 thousands per year as the expected value for the earnings among Ontario super-rich) is an exaggeration, and have bet the NDP leader that the average annual earnings (per person) obtained from a sample of 1500 super-rich will be less than 689 thousands per year. Assume that the NDP assumptions (outlined in previous question) were correct.
(a) (2 points) Will the NDP win this bet (yes/no, and why)?
(b) (3 points) What is the probability that the NDP will win the bet?
(c) (3 points) Would your answer to the previous question change if the sample size were halved? How so (you should recalculate if you think it changes).

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
Which graph corresponds to the function f(x) = x2 + 4x – 1?
Answers: 1
question
Mathematics, 21.06.2019 19:30
Mr. brettler is hanging up a 5-foot tall rectangular welcome sign in the gym. he has drawn a sketch on a coordinate grid. he has the lower vertices of the sign at (9, –3) and (–6, –3). where would the upper vertices be on the grid?
Answers: 1
question
Mathematics, 21.06.2019 20:30
The graph of y x3 is translated so that the point (1. 1) is moved to (1, 4). what is the equation of the new graph?
Answers: 1
question
Mathematics, 21.06.2019 22:00
Question 13 (1 point) jerome is starting a new job. his contract states he will earn $42,000 the first year, and will get a 4% raise per year. which function s(x) represents jerome's salary after a certain number of years, x?
Answers: 1
You know the right answer?
Continuing on with the previous question. The Progressive Conservatives claim the average of 690 tho...
Questions
question
Mathematics, 13.10.2020 01:01
question
Mathematics, 13.10.2020 01:01
question
Spanish, 13.10.2020 01:01
Questions on the website: 13722363