Answer:
"A Type I error in the context of this problem is to conclude that the true mean wind speed at the site is higher than 15 mph when it actually is not higher than 15 mph."
Step-by-step explanation:
A Type I error happens when a true null hypothesis is rejected.
In this case, as the claim that want to be tested is that the average wind speed is significantly higher than 15 mph, the null hypothesis has to state the opposite: the average wind speed is equal or less than 15 mph.
Then, with this null hypothesis, the Type I error implies a rejection of the hypothesis that the average wind speed is equal or less than 15 mph. This is equivalent to say that there is evidence that the average speed is significantly higher than 15 mph.
"A Type I error in the context of this problem is to conclude that the true mean wind speed at the site is higher than 15 mph when it actually is not higher than 15 mph."
Answer:
A, C, D
Step-by-step explanation:
Remember: Exponents are simply repeated multiplication.
The exponent determines how many times to multiply the base number by itself.
Option 'A' and 'C' apply.
Option D applies because:
R(x) = 60x - 0.2x^2
The revenue is maximum when the derivative of R(x) = 0.
dR(x)/dx = 60 - 0.4x = 0
0.4x = 60
x = 60/0.4 = 150
Therefore, maximum revenue is 60(150) - 0.2(150)^2 = 9000 - 4500 = $4,500
Maximum revenue is $4,500 and the number of units is 150 units
Answer:
LESLEY GETS ABSOLUTELY NOTHINGGGG
Step-by-step explanation:
