The average lifetime of circulated $1 bills is 18 months. A researcher believes that the average lifetime
Question:
The average lifetime of circulated $1 bills is 18 months. A researcher believes that the average lifetime is not 18 months. He researched the lifetime of 50 $1 bills and found the average lifetime was 18.8 months. The population standard deviation is 2.8 months. At α = 0.02, can it be concluded that the average lifetime of a circulated $1 bill differs from 18 months?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (9 reviews)
H 0 18 H 1 18 claim C V 233 5 28 Do not r...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Elementary Statistics A Step By Step Approach
ISBN: 9781259755330
10th Edition
Authors: Allan G. Bluman
Question Posted:
Students also viewed these Mathematics questions
-
According to a study several years ago by the Personal Communications Industry Association, the average wireless phone user earns $62,600 per year. Suppose a researcher believes that the average...
-
According to a study several years ago by the Personal Communications Industry Association, the average cell phone user earns $62,600 per year. Suppose a researcher believes that the average annual...
-
A survey by Ipsos-Reid reported in American Demographics showed that if a person was given a $1,000 wind-fall, 36% would spend the money on home improvement, 24% on leisure travel/vacation, 15% on...
-
Which of these is not a feature of the AES encryption cipher? Question 4 1 4 1 Answer a . . Its fast execution time. b . . Its use of Feistal networks. c . . Its ease of use in common programming...
-
For each of the following shocks, describe how monetary policymakers would respond (if at all) to stabilize economic activity. Assume the economy starts at a long-run equilibrium. a. Consumers reduce...
-
What are industry clusters, and what are some of their potential advantages?
-
Develop an argument for the implementation of an HRIS using a risk reduction strategy and an organizational enhancement strategy.
-
Security Brokers Inc. specializes in underwriting new issues by small firms. On a recent offering of Barenbaum Inc., the terms were as follows: Price to public .. $7.50 per share Number of shares 3...
-
3. Alice and Bob are employees residing in two dispersed branches, D1 and D2, of the same company. They want to secure all the communications between them as follows: they want to ensure the...
-
The following unadjusted trial balance is prepared at fiscal year-end for Rex Company. Rent expense and salaries expense are equally divided between selling activities and the general and...
-
If the variance of the water temperature in a lake is 28, how many days should the researcher select to measure the temperature to estimate the true mean within 3 with 99% confidence?
-
Using Table G, find the critical value(s) for each. Indicate the noncritical region or regions, and state the null and alternative hypotheses. Use 2 = 225. a. = 0.10, n = 14, two-tailed b. = 0.05,...
-
While it is impressive that Epic has never lost a customer, is it surprising? Why or why not? List and briefly describe five to seven factors that make changing an ERP system difficult.
-
Nevaeh finances $147,500 to purchase a townhouse with a 30/8 balloon mortgage at 3.6% What is the remaining balance at the end of the mortgage?
-
What is the primary condition for issuing sukuk? Is this condition required for issuing bonds? Compare and contrast sukuk and bonds.
-
c) What are the risk-neutral probabilities of the two possible time 0.5 values of the zero maturing at time 1?
-
What are the challenges associated with vaccine development, particularly in designing immunogens that elicit protective immune responses while minimizing adverse reactions or potential escape...
-
If money is worth 5.3%/year compounded monthly, determine the present value of a debt of $3000 due in 48 years with interest at 6.6%/year compounded semi-annually. Determine (within one basis...
-
Loadstar Sensors is a company that makes load/ force sensors based on capacitive sensing technology. For a major plant expansion project, the company wants to have $30 million 5 years from now. If...
-
A simple random sample of 220 university students were asked what pasta they usually order and with which sauce. The preferences of these respondents are summarised below: Sauce Bolognese Pasta...
-
For Exercises explain why the claims of these studies might be suspect. Nursing school graduates from Fairview University earn on average $33,456.
-
For Exercises explain why the claims of these studies might be suspect. In Greenville County there are 8324 deer.
-
For Exercises identify the independent and dependent variables for each study. It was found that laughing can reduce your aches and pains as much as taking a pain pill.
-
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $45,300. The machine's useful life is estimated at 10 years, or 403,000 units of...
-
14. (3 points) Write a program that ask the user for 1. their first name and 2. their last name, Enter first name: Matt Enter last name: Priem Hello Matt Priem! and then outputs a greeting similar to...
-
Given a sorted array 2, 5, 8, 12, 16, 18, 22, 25, 29, 32 and the following interpolation search algorithm. Show the steps of the algorithm when 25 is searched. Also, when 26 is searched. array a,...
Study smarter with the SolutionInn App