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An article in Forbes magazine claims that half of the adults in the United States do not have any savings. To substantiate that claim, the company, GoBanking, asked a random sample of 500 adults around the country how much money they have in savings and found that 265, or 53% of them, had no savings. To determine if these data provide convincing evidence that more than half of the adults in the United States do not have any savings, 200 simulated SRSS were selected. Each dot in the graph shows the number of adults that have no savings in a simulated SRS of 500 adults, assuming that each person has a 50% chance of not having any savings. The sample result showed that 265 out of 500 adults had no savings. The simulation shows the number of adults out of 500 that we can typically expect to have no savings if 50% is true. 220 225 230 235 240 245 250 255 260 265 270 275 280 Simulated sample count of adults that do not have any savings How many of the trials in the simulation show at least 265 adults that have no savings? What percent of the simulated trials show at least 265 adults that have no savings? 24 trials show at least 265 out of 500 adults that have no savings. 12% of the trials show at least 265 out of 500 adults that have no savings. 24 trials show at least 265 out of 500 adults that have no savings. 24% of the trials show at least 265 out of 500 adults that have no savings. 4 trials show at least 265 out of 500 adults that have no savings. 4% of the trials show at least 265 out of 500 adults that have no savings. 20 trials show at least 265 out of 500 adults that have no savings. 10% of the trials show at least 265 out of 500 adults that have no savings. 4 trials show at least 265 out of 500 adults that have no savings. 2% of the trials show at least 265 out of 500 adults that have no savings.

An article in Forbes magazine claims that half of the adults in the United States do not have any savings. To substantiate that claim, the company, GoBanking, asked a random sample of 500 adults around the country how much money they have in savings and found that 265, or 53% of them, had no savings. To determine if these data provide convincing evidence that more than half of the adults in the United States do not have any savings, 200 simulated SRSS were selected. Each dot in the graph shows the number of adults that have no savings in a simulated SRS of 500 adults, assuming that each person has a 50% chance of not having any savings. The sample result showed that 265 out of 500 adults had no savings. The simulation shows the number of adults out of 500 that we can typically expect to have no savings if 50% is true. 220 225 230 235 240 245 250 255 260 265 270 275 280 Simulated sample count of adults that do not have any savings How many of the trials in the simulation show at least 265 adults that have no savings? What percent of the simulated trials show at least 265 adults that have no savings? 24 trials show at least 265 out of 500 adults that have no savings. 12% of the trials show at least 265 out of 500 adults that have no savings. 24 trials show at least 265 out of 500 adults that have no savings. 24% of the trials show at least 265 out of 500 adults that have no savings. 4 trials show at least 265 out of 500 adults that have no savings. 4% of the trials show at least 265 out of 500 adults that have no savings. 20 trials show at least 265 out of 500 adults that have no savings. 10% of the trials show at least 265 out of 500 adults that have no savings. 4 trials show at least 265 out of 500 adults that have no savings. 2% of the trials show at least 265 out of 500 adults that have no savings.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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ⒸBFW Publishers An article in Forbes magazine claims that half of the adults in the United States do not have any savings. To substantiate that claim, the company, GoBanking, asked a random sample of 500 adults around the country how much money they have in savings and found that 265, or 53% of them, had no savings. To determine if these data provide convincing evidence that more than half of the adults in the United States do not have any savings, 200 simulated SRSS were selected. Each dot in the graph shows the number of adults that have no savings in a simulated SRS of 500 adults, assuming that each person has a 50% chance of not having any savings. The sample result showed that 265 out of 500 adults had no savings. The simulation shows the number of adults out of 500 that we can typically expect to have no savings if 50% is true. 220 225 230 235 240 245 250 255 260 265 270 275 280 Simulated sample count of adults that do not have any savings How many of the trials in the simulation show at least 265 adults that have no savings? What percent of the simulated trials show at least 265 adults that have no savings? O 24 trials show at least 265 out of 500 adults that have no savings. 12% of the trials show at least 265 out of 500 adults that have no savings. 24 trials show at least 265 out of 500 adults that have no savings. 24% of the trials show at least 265 out of 500 adults that have no savings. 4 trials show at least 265 out of 500 adults that have no savings. 4% of the trials show at least 265 out of 500 adults that have no savings. 20 trials show at least 265 out of 500 adults that have no savings. 10% of the trials show at least 265 out of 500 adults that have no savings. O4 trials show at least 265 out of 500 adults that have no savings. 2% of the trials show at least 265 out of 500 adults that have no savings.
Transcribed Image Text:ⒸBFW Publishers An article in Forbes magazine claims that half of the adults in the United States do not have any savings. To substantiate that claim, the company, GoBanking, asked a random sample of 500 adults around the country how much money they have in savings and found that 265, or 53% of them, had no savings. To determine if these data provide convincing evidence that more than half of the adults in the United States do not have any savings, 200 simulated SRSS were selected. Each dot in the graph shows the number of adults that have no savings in a simulated SRS of 500 adults, assuming that each person has a 50% chance of not having any savings. The sample result showed that 265 out of 500 adults had no savings. The simulation shows the number of adults out of 500 that we can typically expect to have no savings if 50% is true. 220 225 230 235 240 245 250 255 260 265 270 275 280 Simulated sample count of adults that do not have any savings How many of the trials in the simulation show at least 265 adults that have no savings? What percent of the simulated trials show at least 265 adults that have no savings? O 24 trials show at least 265 out of 500 adults that have no savings. 12% of the trials show at least 265 out of 500 adults that have no savings. 24 trials show at least 265 out of 500 adults that have no savings. 24% of the trials show at least 265 out of 500 adults that have no savings. 4 trials show at least 265 out of 500 adults that have no savings. 4% of the trials show at least 265 out of 500 adults that have no savings. 20 trials show at least 265 out of 500 adults that have no savings. 10% of the trials show at least 265 out of 500 adults that have no savings. O4 trials show at least 265 out of 500 adults that have no savings. 2% of the trials show at least 265 out of 500 adults that have no savings.
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