Let x be a random variable representing dividend yield of bank stocks. We may assume that x has a normal distribution with o = 3.3%. A random sample of 10 bank stocks gave the following yields (in percents). 5.7 4.8 6.0 4.9 4.0 3.4 6.5 7.1 5.3 6.1 5.38%. Suppose that for the entire stock market, the mean dividend yield is u = 4.9%. Do these data indicate that the dividend yield of all bank stocks is higher than 4.9%? Use a = 0.01. The sample mean is x = (a) What is the level of significance? (Enter a number.) State the null and alternate hypotheses. Will you use a left-tailed, right-tailed, or two-tailed test? O Ho = 4.9%; H,p < 4.9%; left-tailed O Ho: H > 4.9%; H1: H = 4.9%; right-tailed O Ho: H = 4.9%, H1: u > 4.9%; right-tailed 4.9%; two-tailed O Họ: µ = 4.9%; H1: u (b) What sampling distribution will you use? Explain the rationale for your choice of sampling distribution. O The standard normal, since we assume that x has a normal distribution with unknown a. O The Student's t, since n is large with unknown o. O The standard normal, since we assume that x has a normal distribution with known o. O The Student's t, since we assume that x has a normal distribution with known a. Compute the z value of the sample test statistic. (Enter a number. Round your answer to two decimal places.) (c) Find (or estimate) the P-value. (Enter a number. Round your answer to four decimal places.) Sketch the sampling distribution and show the area corresponding to the P-value. (Select the correct graph.)

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Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products. 

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.