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crimeas [40]
3 years ago
8

The break even point is the point at which income equals expenses expenses Richmond high school is paying $13,200 for the writin

g and research of their yearbook plus a printing fee of $25 per book if they sell the books at $40 each how many will they have to sell to break even explain
Mathematics
2 answers:
vlabodo [156]3 years ago
8 0

Answer: they have to sell 880 books to break even.

Step-by-step explanation:

Let x represent the total number of books that Richmond high school produced and also sold.

Richmond high school is paying $13,200 for the writing and research of their yearbook plus a printing fee of $25 per book. This means that the total cost of producing x books would be

25x + 13200

if they sell the books at $40 each, it means that the total revenue would be

40 × x = 40x

The break even point is the point at which income equals expenses expenses. Therefore,

25x + 13200 = 40x

40x - 25x = 13200

15x = 13200

x = 13200/15

x = 880

KatRina [158]3 years ago
5 0

Answer:

';lji

Step-by-step explanation:

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Answer:

We accept H₀. We don´t have enough evidence to support the difference between the two means

Step-by-step explanation:

Group 1 : Comunity College

Sample:

size  :   n₁  = 54

Sample mean    x₁  = 947

Sample standard deviation     s₁ = 254

Group 2 : Local University

Sample

size  :  n₂  =  66

Sample mean :  x₂  = 1011

Sample standard deviation    s₂  =  87

Significance level  α  = 0,05      α  =  5 %      CI = 95 %

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The problem statement establishes to run a hypothesis test to determine if the means are statistically the same  ( or different) then we use two-tail-test

Hypothesis Test

Null Hypothesis                        H₀             x₁   -  x₂  = 0 or    x₁  = x₂

Alternative hypothesis             Hₐ             x₁  -  x₂  ≠  0  or    x₁ ≠ x₂

To calculate

z(s)  =  (  x₁   -  x₂  ) / √ s₁²/n₁  + s₂²/n₂ )

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z(s) = -  64  /√ 1194,74  +  114,68

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Comparing modules of  |z(c)|  and |z(s)|

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