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Contemporary Mathematics For Business & Consumers, Loose-leaf Version
8th Edition
ISBN: 9781305867185
Author: Robert Brechner, Geroge Bergeman
Publisher: South-Western College Pub
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Chapter 5.I, Problem 24RE
To determine
The key word from the statement, “
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You are given the following information obtained from a random sample of 4 observations.
24
48
31
57
You want to determine whether or not the mean of the population from which this sample was taken is significantly different from 49. (Assume the population is normally distributed.)
(a)
State the null and the alternative hypotheses. (Enter != for ≠ as needed.)
H0:
Ha:
(b)
Determine the test statistic. (Round your answer to three decimal places.)
(c)
Determine the p-value, and at the 5% level of significance, test to determine whether or not the mean of the population is significantly different from 49.
Find the p-value. (Round your answer to four decimal places.)
p-value =
State your conclusion.
Reject H0. There is insufficient evidence to conclude that the mean of the population is different from 49.Do not reject H0. There is sufficient evidence to conclude that the…
17
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Chapter 5 Solutions
Contemporary Mathematics For Business & Consumers, Loose-leaf Version
Ch. 5.I - Solve the following equations for the unknown and...Ch. 5.I - Prob. 2TIECh. 5.I - Prob. 3TIECh. 5.I - Prob. 4TIECh. 5.I - Solve the following equations for the unknown and...Ch. 5.I - Prob. 6TIECh. 5.I - Prob. 7TIECh. 5.I - Prob. 8TIECh. 5.I - Prob. 9TIECh. 5.I - For the following statements, underline the key...
Ch. 5.I - Prob. 1RECh. 5.I - Prob. 2RECh. 5.I - Prob. 3RECh. 5.I - Prob. 4RECh. 5.I - Prob. 5RECh. 5.I - Prob. 6RECh. 5.I - Prob. 7RECh. 5.I - Prob. 8RECh. 5.I - Prob. 9RECh. 5.I - Prob. 10RECh. 5.I - Prob. 11RECh. 5.I - Prob. 12RECh. 5.I - Prob. 13RECh. 5.I - Prob. 14RECh. 5.I - Prob. 15RECh. 5.I - Prob. 16RECh. 5.I - Prob. 17RECh. 5.I - For the following statements, underline the key...Ch. 5.I - Prob. 19RECh. 5.I - Prob. 20RECh. 5.I - Prob. 21RECh. 5.I - Prob. 22RECh. 5.I - Prob. 23RECh. 5.I - Prob. 24RECh. 5.I - For the following statements, underline the key...Ch. 5.I - Prob. 26RECh. 5.I - Prob. 27RECh. 5.I - Prob. 28RECh. 5.I - Prob. 29RECh. 5.I - Prob. 30RECh. 5.I - For the following statements, underline the key...Ch. 5.I - Grouping symbols are used to arrange numbers,...Ch. 5.II - Don and Chuck are salespeople for Security One...Ch. 5.II - One-third of the checking accounts at the...Ch. 5.II - Prob. 13TIECh. 5.II - Prob. 14TIECh. 5.II - Last week Comfy Cozy Furniture sold 520 items. It...Ch. 5.II - REI (Recreational Equipment Incorporated) sells a...Ch. 5.II - Prob. 17TIECh. 5.II - Prob. 1RECh. 5.II - Set up and solve equations for the following...Ch. 5.II - Set up and solve equations for the following...Ch. 5.II - Prob. 4RECh. 5.II - Set up and solve equations for the following...Ch. 5.II - Set up and solve equations for the following...Ch. 5.II - Set up and solve equations for the following...Ch. 5.II - Set up and solve equations for the following...Ch. 5.II - Set up and solve equations for the following...Ch. 5.II - Set up and solve equations for the following...Ch. 5.II - Set up and solve equations for the following...Ch. 5.II - Set up and solve equations for the following...Ch. 5.II - Set up and solve equations for the following...Ch. 5.II - Set up and solve equations for the following...Ch. 5.II - Set up and solve equations for the following...Ch. 5.II - Prob. 16RECh. 5.II - Set up and solve equations for the following...Ch. 5.II - Set up and solve equations for the following...Ch. 5.II - Set up and solve equations for the following...Ch. 5.II - Use ratio and proportion to solve the following...Ch. 5.II - Use ratio and proportion to solve the following...Ch. 5.II - Prob. 22RECh. 5.II - Prob. 23RECh. 5.II - Use ratio and proportion to solve the following...Ch. 5.II - Prob. 25RECh. 5.II - Use ratio and proportion to solve the following...Ch. 5.II - Use ratio and proportion to solve the following...Ch. 5.II - Use ratio and proportion to solve the following...Ch. 5.II - Use ratio and proportion to solve the following...Ch. 5.II - 30. In a move to provide additional sales for U.S....Ch. 5 - A(n) ______ is a mathematical statement describing...Ch. 5 - A mathematical statement expressing a relationship...Ch. 5 - Prob. 3CRCh. 5 - Prob. 4CRCh. 5 - The numerical value of the unknown that makes an...Ch. 5 - Prob. 6CRCh. 5 - 7. To transpose means to bring a term from one...Ch. 5 - Prob. 8CRCh. 5 - 9. To prove the solution of an equation, we...Ch. 5 - Prob. 10CRCh. 5 - Prob. 11CRCh. 5 - 12. A comparison of two quantities by division is...Ch. 5 - Prob. 13CRCh. 5 - Prob. 14CRCh. 5 - Prob. 1ATCh. 5 - Prob. 2ATCh. 5 - Solve the following equations for the unknown and...Ch. 5 - Prob. 4ATCh. 5 - Prob. 5ATCh. 5 - Prob. 6ATCh. 5 - Prob. 7ATCh. 5 - Prob. 8ATCh. 5 - Prob. 9ATCh. 5 - Prob. 10ATCh. 5 - For the following statements, underline the key...Ch. 5 - Prob. 12ATCh. 5 - Prob. 13ATCh. 5 - Prob. 14ATCh. 5 - Prob. 15ATCh. 5 - For the following statements, underline the key...Ch. 5 - Prob. 17ATCh. 5 - Prob. 18ATCh. 5 - Set up and solve equations for each of the...Ch. 5 - Set up and solve equations for each of the...Ch. 5 - Prob. 21ATCh. 5 - Set up and solve equations for each of the...Ch. 5 - Prob. 23ATCh. 5 - Set up and solve equations for the following...Ch. 5 - Set up and solve equations for the following...Ch. 5 - Set up and solve equations for the following...Ch. 5 - Set up and solve equations for the following...Ch. 5 - Set up and solve equations for the following...Ch. 5 - Set up and solve equations for the following...Ch. 5 - Prob. 30ATCh. 5 - Use ratio and proportion to solve the following...Ch. 5 - Use ratio and proportion to solve the following...Ch. 5 - Use ratio and proportion to solve the following...Ch. 5 - 34. One special type of ratio is known as a rate....
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