The average daily volume of a computer stock in 2011 was u = 35.1 million shares, according to a reliable source. A stock analyst believes that the stock volume in 2018 is different from the 2011 level. Based on a random sample of 30 trading days in 2018, he finds the sample mean to be 31.2 million shares, with a standard deviation of s = 12.4 million shares. Test the hypotheses by constructing a 95% confidence interval. Complete parts (a) through (c) below. (a) State the hypotheses for the test. Ho: H = 35.1 million shares H4: H # 35.1 million shares (b) Construct a 95% confidence interval about the sample mean of stocks traded in 2018. With 95% confidence, the mean stock volume in 2018 is between million shares and million shares. (Round to three decimal places as needed.) (c) Will the researcher reject the null hypothesis? O A. Reject the null hypothesis because u = 35.1 million shares does not fall in the confidence interval. O B. Reject the null hypothesis because u = 35.1 million shares falls in the confidence interval. OC. Do not reject the null hypothesis because u = 35.1 million shares falls in the confidence interval. O D. Do not reject the null hypothesis because µ= 35.1 million shares does not fall in the confidence interval.
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.
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