Answer:
(b)The original price of the shoes is $60.
Explanation:
Part A
In this situation:
• 15% is the PERCENT
,• $9 is the PART
,• The original price is the WHOLE.
Part B
If 15% is taken off, the customer will save $9.
This means that 15% of the original price = $9.
Let the original price=p
The original price of the shoes is $60.
Answer:
Step-by-step explanation:
Given that:
(a) For x = 54 and s = 5.3
The test statistics can be computed as:
Z = -1.132
degree of freedom = n - 1
= 36 - 1
= 35
Using the Excel Formula:
P-Value = T.DIST(-1.132,35,1) = 0.1326
Decision: p-value is greater than significance level; do not reject
b
For x = 53 and s = 4.6
The test statistics can be computed as:
Z = -2.6087
degree of freedom = n - 1
= 36 - 1
= 35
Using the Excel Formula:
P-Value = T.DIST(-2.6087,35,1) =0.0066
Decision: p-value is < significance level; we reject the null hypothesis.
c)
For x = 56 and s = 5.0
The test statistics can be computed as:
Z = 1.2
degree of freedom = n - 1
= 36 - 1
= 35
Using the Excel Formula:
P-Value = T.DIST(1.2,35,1) = 0.88009
Decision: p-value is greater than significance level; do not reject