A study of the pay of corporate chief executive officers (CEOs) examined the increase in cash compensation of the CEOs of 104 companies, adjusted for inflation, in a recent year. The mean increase in real compensation was x¯=6.9%, and the standard deviation of the increases was s=55%. Is this good evidence that the mean real compensation μ of all CEOs increased that year? The hypotheses are

Answers

Answer 1

Answer:

The p-value of the test is 0.1017, which is greater than the standard significance level of 0.05, which means that this is not good evidence that the mean real compensation μ of all CEOs increased that year.

Step-by-step explanation:

At the null hypothesis, we test if there was no increase, that is, the mean is 0, so:

[tex]H_0: \mu = 0[/tex]

At the alternative hypothesis, we test if there was an increase, that is, the mean is greater than 0, so:

[tex]H_1: \mu > 0[/tex]

The test statistic is:

[tex]t = \frac{X - \mu}{\frac{s}{\sqrt{n}}}[/tex]

In which X is the sample mean, [tex]\mu[/tex] is the value tested at the null hypothesis, s is the standard deviation and n is the size of the sample.

0 is tested at the null hypothesis:

This means that [tex]\mu = 0[/tex]

104 companies, adjusted for inflation, in a recent year. The mean increase in real compensation was x¯=6.9%, and the standard deviation of the increases was s=55%.

This means that [tex]n = 104, X = 6.9, s = 55[/tex]

Value of the test-statistic:

[tex]t = \frac{X - \mu}{\frac{s}{\sqrt{n}}}[/tex]

[tex]t = \frac{6.9 - 0}{\frac{55}{\sqrt{104}}}[/tex]

[tex]t = 1.28[/tex]

P-value of the test:

The p-value of the test is a right-tailed test(test if the mean is greater than a value), with 104 - 1 = 103 df and t = 1.28.

Using a t-distribution calculator, this p-value is of 0.1017.

The p-value of the test is 0.1017, which is greater than the standard significance level of 0.05, which means that this is not good evidence that the mean real compensation μ of all CEOs increased that year.


Related Questions

Rufus works an average of 46 hours each week. He gets paid $5.70 per
hour and time-and-a-half for all hours over 40 hours. What is his annual
income?
a. $14,523.60
b. $11,856
c. $25,650
d. $2,667.60

Answers

the answer is A. $14,523.60

The lengths of two sides of the right triangle ABC shown in the illustration given

a= 7cm and b= 24cm

Answers

Answer:

25 cm.

Step-by-step explaination:

Given,

Two sides of a triangle:

a = 7cm

b = 24 cm

To find,

Third side:

c = ?

By Pythagorean Theorem;

a² + b² = c²

[where c is the longest side,hypotenuse]

Putting the value of a and b;

we get,

7² + 24² = c²

49 + 576 = c²

625 = c²

25² = c² (square root)

25 = c

c = 25

Therefore, the length of the third side will be equal to 25 cm.

Question:-

The lengths of two sides of the right triangle ABC shown in the illustration given

a= 7cm and b= 24cm

Given,

> a= 7cm

> b= 24cm

To find?

Side c (third side)

Solution:-

Using Pythagoras theorem,

▶️ a² + b² = c

▶️ 7cm ² + 24cm² = c²

▶️ 49cm + 576cm = c²

▶️ 625cm = c²

▶️ 25² = c² (25×25 = 625)

▶️ c = 25

The value of c is 25 cm.

Question 7
In circle P below, angle OPM equals 124 degrees and line segments ON and MN are tangents to the circle
What is the measure of Angle ONM?
A 56
B 62
С 74
D 90

Answers

Answer:

B) 62 is the answer. I'm sure

(02.02 MC) Use the graph to fill in the blank with the correct number.
Numerical Answers Expected!
Answer for Blank 1:​

Answers

Answer:

The answer is "2"

Step-by-step explanation:

When we check the points where the x is -2

by calculating the "y-value":

It is 2, right?  

it implies that [tex]f(-2)=2[/tex]

that's why the final answer is "2"

How many permutations of letter of the word APPLE are there?​

Answers

Answer:

There are 60 permutations.

Step-by-step explanation:

Arrangements formula:

The number of possible arrangements of n elements is given by:

[tex]A_n = n![/tex]

With repetition:

For each element that repeats, with [tex]n_1, n_2, ..., n_n[/tex] times, the formula is:

[tex]A_n^{n_1,n_2,...,n_n} = \frac{n!}{n_1!n_2!...n_n}[/tex]

In this question:

Apple has 5 letters.

P appears two times. So

[tex]A _5^{2} = \frac{5!}{2!} = 60[/tex]

There are 60 permutations.

Solve the following equation for the given variable.
4x + 19 + 3x = -5
Round your answers to the nearest tenths place.

Answers

Step-by-step explanation:

4x + 19 + 3x = - 5

4x + 3x + 19 = - 5 collect the like terms

7x + 19 = - 5

7x = - 5 - 19 bring 19 to the right

7x/ 7x = - 24/ 7

x = - 3.4

I hope this answers your question

Full-time Ph.D. students receive an average of $12,837 per year. If the average salaries are normally distributed with a standard deviation of $1500, find these probabilities. a. The student makes more than $15,000. b. The student makes between $13,000 and $14,000.

Answers

Answer:

a) 0.0749 = 7.49% probability that the student makes more than $15,000.

b) 0.227 = 22.7% probability that the student makes between $13,000 and $14,000.

Step-by-step explanation:

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Full-time Ph.D. students receive an average of $12,837 per year.

This means that [tex]\mu = 12837[/tex]

Standard deviation of $1500

This means that [tex]\sigma = 1500[/tex]

a. The student makes more than $15,000.

This is 1 subtracted by the p-value of Z when X = 15000.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{15000 - 12837}{1500}[/tex]

[tex]Z = 1.44[/tex]

[tex]Z = 1.44[/tex] has a p-value of 0.9251.

1 - 0.9251 = 0.0749

0.0749 = 7.49% probability that the student makes more than $15,000.

b. The student makes between $13,000 and $14,000.

This is the p-value of Z when X = 14000 subtracted by the p-value of Z when X = 13000.

X = 14000

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{14000 - 12837}{1500}[/tex]

[tex]Z = 0.775[/tex]

[tex]Z = 0.775[/tex] has a p-value of 0.7708.

X = 13000

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{13000 - 12837}{1500}[/tex]

[tex]Z = 0.11[/tex]

[tex]Z = 0.11[/tex] has a p-value of 0.5438.

0.7708 - 0.5438 = 0.227

0.227 = 22.7% probability that the student makes between $13,000 and $14,000.

7.49% of the student makes more than $15,000, while 23.85% of the student makes between $13,000 and $14,000

What is z score?

Z score is used to determine by how many standard deviations the raw score is above or below the mean. It is given by:

z = (raw score - mean) / standard deviation

Given that:

Mean = $12837, standard deviation = $1500

a) For >15000:

z = (15000 - 12837)/1500 = 1.44

P(z > 1.44) = 1 - P(z < 1.44) = 1 - 0.9251 = 0.0749

b) For >13000:

z = (13000 - 12837)/1500 = 0.11

For <14000:

z = (14000 - 12837)/1500 = 0.78

P(0.11 < z < 0.78) = P(z < 0.78) - P(z < 0.11) = 0.7823 - 0.5438 = 0.2385

7.49% of the student makes more than $15,000, while 23.85% of the student makes between $13,000 and $14,000

Find out more on z score at: https://brainly.com/question/25638875

Solve each system by graphing.

Answers

Answer:

it is 2 te he

Step-by-step explanation:

ONCE THE 5 6 = 7 10 .. ?% =1 x 7 =2 te he

If car eyelashes sold for $13.99. If you bud double that, how much would you have paid for them? (Hint if needed: if they had been exactly $14, how different would your answer be?)

Answers

Answer:

13.99 x 2 = 27.98 dollars

now if they were 14 dollars exactly and you doubled that it would be 28 dollars so the difference would be 0.02 cents

Step-by-step explanation:

Cho biết tỉ lệ máy tính bảng sử dụng hệ điều hành A là 70%, tỉ lệ máy tính bảng sử
dụng hệ điều hành W là 30%. Xác suất để một máy tính bảng có hệ điều hành sử dụng ổn định
(không phải cài đặt lại) trong 2 năm đầu tiên là 0, 75. Tỉ lệ sử dụng ổn định của các máy tính
bảng có hệ điều hành A cao hơn tỉ lệ sử dụng ổn định của các máy tính bảng có hệ điều hành
W là 20%. Hãy tính xác suất để một máy tính bảng có hệ điều hành W sử dụng ổn định trong
2 năm đầu tiên.

Answers

Answer:

máy ...

xác suất để một máy tính bảng có hệ điều hành B sử dụng ổn định trong 2 năm đầu tiên. Add answer

Michelle rode her bicycle from her house to school at an average speed of 8 miles per hour. Later that day, she rode from school back home along the same route at an average speed of 12 miles per hour. If the round trip took one hour, how many miles long is the round trip?

Answers

9514 1404 393

Answer:

  9.6 miles

Step-by-step explanation:

Let x represent the round trip distance. Then Michelle's time was ...

  t = distance/speed

  1 = (x/2)/8 +(x/2)/12 = x(1/16 +1/24) = x(3/48 +2/48) = x(5/48)

  48/5 = x = 9.6

The round trip is 9.6 miles.

Factorise: 25x^2 - 1/49

Answers

Answer:

[tex] (5x + \frac{1}{7} )(5x - \frac{1}{7} )[/tex]

Step-by-step explanation:

Given,

[tex] {25x}^{2} - \frac{1}{49} [/tex]

[tex] = {(5x)}^{2} - {( \frac{1}{7}) }^{2} [/tex]

Since,

[tex] {x}^{2} - {y}^{2} = (x + y)(x - y)[/tex]

Then,

[tex] = (5x + \frac{1}{7} )(5x - \frac{1}{7} )(ans)[/tex]

15. On Sports Day, Mike runs 100 metres in 13.89 seconds and Neal runs the same distance in 13.01 seconds. Who is the FASTER runner?​

Answers

Answer:

Neal

Step-by-step explanation:

13.01 < 13.89

the quotient of (x^4 - 3x^2 + 4x - 3) and a polynomial is (x^2 + x - 3) what is the polynormial

Answers

Answer:

Hello,

polynomial is x²-x+1

Step-by-step explanation:

if a=b*c+r then a=c*b+r

Using a long division, see the picture.

Instructions: Find the missing length indicated.

Answers

Answer:

x = 65

Step-by-step explanation:

x = √(25×(25+144))

x = √(25×169)

x = 5×13

x = 65

Answered by GAUTHMATH

72
60
48
36
Number of Computers
The graph shows a proportional relationship between
the number of computers produced at a factory per
day in three days, 36 computers are produced, 48
computers are produced in 4 days, and 60 computers
are produced in 5 days.
Find the unit rate of computers per day using the
graph.
Unit rate
computers per day
I
24
12
3 4 5 6 7 8 9 10 11 12
Number of Days
Intro
Done

Answers

Graph is attached below ;

Answer:

Unit rate = 12 computers per day

Step-by-step explanation:

To obtain the unit rate of computers sold per day using the graph, we need to obtain the slope of the graph, which is the change in y per change in x

That is ; the gradient ;

Slope = change in y / change in x

Slope = (y2 - y1) / (x2 - x1)

y2 = 60 ; y1 = 36 ; x2 = 5 ; x1 = 3

Slope = (60 - 36) / (5 - 3) = 24 / 2 = 12

Slope = 12

Unit rate = 12 computers per day

Need help plotting this on number line

Answers

Refer to the attaachment

for 0 degrees ≤ x < 360 degrees , what are the solutions to sin (x/2) + cos(x) - 1 =0

Answers

Recall the double angle identity for cosine:

cos(x) = cos(2×x/2) = 1 - 2 sin²(x/2)

Then the equation can be rewritten as

sin(x/2) + (1 - 2 sin²(x/2)) - 1 = 0

sin(x/2) - 2 sin²(x/2) = 0

sin(x/2) (1 - 2 sin(x/2)) = 0

sin(x/2) = 0   or   1 - 2 sin(x/2) = 0

sin(x/2) = 0   or   sin(x/2) = 1/2

[x/2 = arcsin(0) + 360n °   or   x/2 = 180° - arcsin(0) + 360n °]

… …   or   [x/2 = arcsin(1/2) + 360n °   or   x/2 = 180° - arcsin(1/2) + 360n °]

x/2 = 360n °   or   x/2 = 180° + 360n °

… …   or   x/2 = 30° + 360n °   or   x/2 = 150° + 360n °

x = 720n °   or   x = 360° + 720n °

… …   or   x = 60° + 720n °   or   x = 300° + 720n °

(where n is any integer)

We get only three solutions in 0° ≤ x < 360° :

720×0° =

60° + 720×0° = 60°

300° + 720×0° = 300°

Answer:

B: (0, 60, 300)

Step-by-step explanation:

right on edge

Using traditional methods it takes 92 hours to receive an advanced flying license. A new training technique using Computer Aided Instruction (CAI) has been proposed. A researcher used the technique on 70 students and observed that they had a mean of 93 hours. Assume the population variance is known to be 36. Is there evidence at the 0.05 level that the technique lengthens the training time?
Find the value of the test statistic. Round your answer to two decimal places.

Answers

Answer:

The value of the test statistic is z = 1.39.

The p-value of the test is 0.0823 > 0.05, which means that there is not evidence at the 0.05 level that the technique lengthens the training time.

Step-by-step explanation:

Using traditional methods it takes 92 hours to receive an advanced flying license.

This means that at the null hypothesis, it is tested if the mean is of 92, that is:

[tex]H_0: \mu = 92[/tex]

Test if there is evidence that the technique lengthens the training time

At the alternative hypothesis, it is tested if the mean is more than 92, that is:

[tex]H_1: \mu > 92[/tex]

The test statistic is:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

In which X is the sample mean, [tex]\mu[/tex] is the value tested at the null hypothesis, [tex]\sigma[/tex] is the standard deviation and n is the size of the sample.

92 is tested at the null hypothesis:

This means that [tex]\mu = 92[/tex]

A researcher used the technique on 70 students and observed that they had a mean of 93 hours. Assume the population variance is known to be 36.

This means that [tex]n = 70, X = 93, \sigma = \sqrt{36} = 6[/tex]

Value of the test statistic:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

[tex]z = \frac{93 - 92}{\frac{6}{\sqrt{70}}}[/tex]

[tex]z = 1.39[/tex]

The value of the test statistic is z = 1.39.

P-value of the test and decision:

The p-value of the test is the probability of finding a sample mean above 93, which is 1 subtracted by the p-value of z = 1.39.

Looking at the z-table, z = 1.39 has a p-value of 0.9177.

1 - 0.9177 = 0.0823.

The p-value of the test is 0.0823 > 0.05, which means that there is not evidence at the 0.05 level that the technique lengthens the training time.

For each of the following numbers, find the smallest whole number by which it should be multiplied so as to get a perfect square number. Also find the square root of the square number so obtained.
(i) 242
(ii) 1280
(iii) 245
(iv)968
(v) 1728
(vi) 4851​

Answers

Answer:

BELOW

Step-by-step explanation:

242: multiply it by 2 to get 484 and its square root is 22

1280: multiply it by 5  to get 6400 and its square root is 80.

245: multiply it by 5 to get 1225  and its square root is 35.

968: multiply it by 2 to get 1936 and its square root is 44.

1728: multiply it by 3 to get 5184 and its square root is 72

4851: multiply it by 11 to get 53361 and its square root is 231.

HOPE THIS HELPED

A student decides she wants to save money to buy a used car, which costs $2600. She comes up with what she thinks is a very modest savings plan. She decides to save 2 cents the first day and double the amount she saves each day thereafter. On the second day she plans to save 4 cents, on the third day, 8 cents, and so on. Determine how long it will take her to save enough money to buy the car ?

Answers

Answer:

17 days

Step-by-step explanation:

as you see, 4=2^2

and 8=2^3

so we have a number sequence:

2+2^2+2^3+...+2^n=260000 (1)

multiply (1) by 2 we have:

2^2+2^4 +...+2^(n+1)=520000 (2)

(2) minus (1) we have:

2^(n+1)-2=260000

2^n*2=260002

2^n=130001

and we have 2^17=131072 >130001

so it will take her at least 17 days to buy the car

It will take her about 17 days to buy the car worth 260000 cents

If a student decides she wants to save money to buy a used car that cost $2600 (260,000 cents)

If she saves 2 cents the first day and doubles the amount thereafter, the sequence of savings will be:

2, 4, 8...

This sequence is geometric in nature

In order to determine how long it will take her to save 260,000, we will use the sum of a GP formula expressed as:

[tex]S_n = \frac{a(r^n-1)}{r-1}[/tex]

Given the folowing

a = 2

r = 4/2 = 8/4 = 2

Sn = 260,000

Substitute into the formula the given parameters

[tex]260000= \frac{2(2^n-1)}{2-1}\\260000/2=2^n-1\\130000 = 2^n - 1\\2^n = 130000 + 1\\2^n = 130001\\nlog 2=log130001\\n = \frac{log130001}{log2} \\n \approx 17[/tex]

This shows that it will take her about 17 days to buy the car worth 260000 cents

Learn more here: https://brainly.com/question/20548958

If 10 wholes are divided into pieces that are one half of a whole each how many pieces are there?

Answers

9514 1404 393

Answer:

  20

Step-by-step explanation:

A whole can be divided into two pieces that are each 1/2 of the whole.

 (10 wholes) × (2 pieces per whole) = 20 pieces

What type of line is PQ?
A. side bisector
B. angle bisector
C. median
D. altitude

Answers

Answer:

B: I think

Step-by-step explanation:

correct me if im wrong

The line PQ is an angle bisector because it divides the angle P into two equal half option (B) angle bisector is correct.

What is an angle?

When two lines or rays converge at the same point, the measurement between them is called a "Angle."

We have a triangle shown in the picture.

As we know,  

in terms of geometry, the triangle is a three-sided polygon with three edges and three vertices. The triangle's interior angles add up to 180°.

From the figure the segment PQ divides the angle into two equal half.

From the definition of the angle bisector, the angle bisector can be defined as a line segment that divides the angle into two half.

Angle P = 40 + 40 = 80 degrees

Thus, the line PQ is an angle bisector because it divides the angle P into two equal half option (B) angle bisector is correct.

Learn more about the angle here:

brainly.com/question/7116550

#SPJ5

Arrange the following rational numbers in descending order. 5/8 ,-11/15 , 17/(-24) ,7/12​

Answers

Least common denominator is 120.
5/8 = 75/120
-11/15 = -88/120
17/(-24) = -85/120
7/12 = 70/120

75 > 70 > -85 > -88

5/8 > 7/12 > 17/(-24) > -11/15

Ahmed bought a TV for his room in 2016 for AED 1,500. he decided to sell it in 2020 for AED 900. what is the rate of depreciation when he bought the TV and when he sold it

Answers

Answer:

40% depreciation over the 4 years

10% depreciation per year

Step-by-step explanation:

The number of years between buying and selling is:

2020 - 2016 = 4

4 years

The amount of depreciation in the 4 years is:

AED 1,500 - AED 900 = AED 600

The percent depreciation for the 4 years is:

(1500 - 900)/1500 * 100% = 40%

The percent depreciation per year is:

40%/4 = 10%

The ratio of boys to girls in a high school is found to be three to five. If a class has 12boys, how many girls would you expect to be in the class?

Answers

Answer:

20 girls

Step-by-step explanation:

boys: girls

3          5

There are 12 boys

12/3 = 4

Multiply each side by 4

boys: girls

3*4      5*4

12         20

Answer:

20 girls

Step-by-step explanation:

Divide 12 by 3 : 12/3 = 4

Multiply 4 by 5 : 4*5 = 20

7. 20x + 10 = 110
a. X= 1
b. X= 5
c. x= 12

Answers

Answer:

b x=5

Step-by-step explanation:

20x+10=110

20x+10-10=110-10

20x/20=100/20

x=5

Answer:

x=5

Step-by-step explanation:

20x + 10 = 110

Subtract 10 from each side

20x +10-10 = 110-10

20x = 100

divide by 20

20x/20 =100/20

x= 5

(4x - 3) × (x + 2)=0

Answers

Hi,

AxB = 0 means A=0. or B=0

so 2 solutions :

4x-3= 0

4x=3

x = 3/4

and x+2 = 0.

x= -2

solutions are : -2 +and 3/4

2 answers

1) -2

2) -3/4

A random sample of 25 graduates of four-year business colleges by the American Bankers Association revealed a mean amount owed in student loans was $14,381 with a standard deviation of $1,892. Assuming the pop is normally distributed:
a) Compute a 90% confidence interval, as well as the margin of error.
b) Interpret the confidence interval you have computed.

Answers

Answer:

a) The 90% confidence interval for the mean amount owed in student loans of graduates of four-year business colleges is ($13,600, $15,162), having a margin of error of $781.

b) We are 90% sure that the mean amount owed in student loans of graduates of  all four-year business colleges is between $13,600 and $15,162.

Step-by-step explanation:

Question a:

We have the standard deviation for the sample, which means that the t-distribution is used to solve this question.

The first step to solve this problem is finding how many degrees of freedom,which is the sample size subtracted by 1. So

df = 25 - 1 = 24

90% confidence interval

Now, we have to find a value of T, which is found looking at the t table, with 24 degrees of freedom(y-axis) and a confidence level of [tex]1 - \frac{1 - 0.9}{2} = 0.95[/tex]. So we have T = 2.0639

The margin of error is:

[tex]M = T\frac{s}{\sqrt{n}} = 2.0639\frac{1892}{\sqrt{25}} = 781[/tex]

In which s is the standard deviation of the sample and n is the size of the sample.

The lower end of the interval is the sample mean subtracted by M. So it is 14381 - 781 = $13,600

The upper end of the interval is the sample mean added to M. So it is 14381 + 781 = $15,162

The 90% confidence interval for the mean amount owed in student loans of graduates of four-year business colleges is ($13,600, $15,162), having a margin of error of $781.

b) Interpret the confidence interval you have computed.

We are 90% sure that the mean amount owed in student loans of graduates of  all four-year business colleges is between $13,600 and $15,162.

Hello my ''brainiest intelligent minds'' once again I'm counting on you, lol, I'm trying to figure this out.
f(x)=2x+3
g(x)=3x+2
What does (f+g)(x) equal?

Answers

Answer:

(f + g)(x) = 5x + 5

General Formulas and Concepts:

Algebra I

Terms/CoefficientsFunctionsFunction Notation

Step-by-step explanation:

Step 1: Define

Identify

f(x) = 2x + 3

g(x) = 3x + 2

Step 2: Find

Substitute in function values:                                                                              (f + g)(x) = 2x + 3 + 3x + 2Combine like terms:                                                                                         (f + g)(x) = 5x + 5
Other Questions
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