Increase in revenue for top companies
A. Given the following information regarding the increase in revenue for top companies x compared to the pay CEO's receive y.
x: 24 23 25 18 6 4 21 37 ( Percent for company)
y: 21 25 20 14 -4 19 15 30 ( Percent Salary increase for CEO)
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Linear relationship is being fitted for X and Y. Test the hypothesis that the population correlation coefficient, ? is zero against that it is not at 1% level of significance
A. Given the following information about the increase in revenue for top companies x compared to the pay CEO's receive y.
Linear relationship is being fitted for X and Y. Test the hypothesis that the population correlation coefficient is zero against that it is not at 1% level of significance.
If Ben invests $4000 at 4% interest per year, how much extra money should he invest at 5 1/2 % annual interest to make sure that interest he receives every year is 4 1/2 % of total amount invested?
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Suppose that you want to test the claim that the following paired date come from the population for which the mean difference is Md = 0. Do the complete hypothesis test and describe your decision.
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