The conclusion regarding the publisher's claim regarding the hypothesis is that have sufficient evidence to support the claim that the proportion is less than 30% of their readers own a Rolls Royce.
<h3>What is a null hypothesis?</h3>
The null hypothesis is a statistical theory that suggests that no statistical relationship and significance exists in a set of given single observed variable, between two sets of observed data and measured phenomena.
Since we reject the null hypothesis , we have sufficient evidence to support the claim. In this case, we have sufficient evidence to support the claim that the proportion is less than 30% of their readers own a Rolls Royce.
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Complete question:
A newsletter publisher believes that less than 30% of their readers own a Rolls Royce. For marketing purposes, a potential advertiser wants to confirm this claim. After performing a test at the 0.02 level of significance, the advertiser decides to reject the null hypothesis. What is the conclusion regarding the publisher's claim?
Answer:
0.3
Step-by-step explanation:
Because your suppose to divide.
Answer:
b. 63 units
Step-by-step explanation:
The breakeven point occurs when the revenue is equal to the expenses. It means that the profit is 0. So, for the Basic model, the revenue is the sell less the costs: $41 - $15 = $26.For the Deluxe model, the revenue per unit is 0 ($45 - $45).
So, calling x the Basic model units, ad y the Deluxe model units, the total revenue will be: 26x, which must be equal to the expenses = $1,310.40:
26x = 1310.40
x = 50.4 units
y = x/4, because for 1 Deluxe model four Basic models are selled.
y = 50.4/4 = 12.6 units
The total units for breakeven point is 50.4 + 12.6 = 63 units.
Answer:
-0.5
Step-by-step explanation:
