Answer:
We accept the null hypothesis and reject the alternate hypothesis. There is no evidence to conclude that the population mean is greater than 29. The population mean is less than or equal to 29.
Step-by-step explanation:
We are given the following in the question:
Population mean, μ = 29
Sample mean,
= 30
Sample size, n = 47
Alpha, α = 0.05
Population standard deviation, σ = 5
First, we design the null and the alternate hypothesis
a) This is a one-tailed test because the alternate hypothesis is in greater than direction.
We use One-tailed z test to perform this hypothesis.
b)
, we reject the null hypothesis and accept the alternate hypothesis and if
, we accept the null hypothesis and reject the alternate hypothesis.
c) Formula:
Putting all the values, we have
d) Now,
Since,
We accept the null hypothesis and reject the alternate hypothesis. There is no evidence to conclude that the population mean is greater than 29. The population mean is less than or equal to 29.
e) P-value is 0.0853
On the basis of p value we again accept the null hypothesis.
Answer:
b. is $34 per ounce
Step-by-step explanation:
If the production cost were less, a competitor would drive the price down. If the production cost were more, the supplier would go out of business.
Since we're at equilibrium, the production cost must be equal to $34 per ounce.
How many booths and tables are there altogether?
No this isn’t a function because it doesn’t pass the vertical line test.
Answer:
w=7
Step-by-step explanation:
3w+4w=49
7w=49
w=49/7
w=7