A Study by a Bank Compared the Average Savings of Customers

question 49

Short Answer

A study by a bank compared the average savings of customers who were depositors for three years or less,with those who had been depositors for more than three years.The results of a sample are: If $\alpha$ = .05 and the p-value is 0.146,what is the decision rule regarding the null hypothesis?

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Definitions:

Polio Vaccine

A vaccine used to prevent poliomyelitis, a viral disease that can cause paralysis and death.

Society

A complex structure of individuals and groups interacting under a shared cultural, economic, and political system.

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Gasoline that contains lead compounds as additives, historically used to improve engine performance but now largely banned due to environmental and health concerns.

Environmental Pollution

The contamination of the physical and biological components of the earth/atmosphere system to such an extent that normal environmental processes are adversely affected.