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tiny-mole [99]
3 years ago
15

Why do some merchants, particularly smaller businesses, set a minimum purchase of $10 for any credit card transaction, or simply

refuse to take any sort of bank card from consumers?
Mathematics
1 answer:
amm18123 years ago
6 0
Because accepting credit cards cost the business small transaction fees. These businesses already have a paper thin profit margin, meaning if you buy less than $10 and use credit card, their profit is little to non-existent.
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It is 3 triangles your right
3 0
3 years ago
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Suppose that each observation in a random sample of 100 fatal bicycle accidents in 2015 was classified according to the day of t
liraira [26]

Answer:

The calculated χ² =  0.57   does not fall in the critical region χ² ≥  12.59  so we fail to reject the null hypothesis and conclude the proportion of fatal bicycle accidents in 2015 was the same for all days of the week.

Step-by-step explanation:

1) We set up our null and alternative hypothesis as

H0:  proportion of fatal bicycle accidents in 2015 was the same for all days of the week

against the claim

Ha:  proportion of fatal bicycle accidents in 2015 was not the same for all days of the week

2) the significance level alpha is set at 0.05

3) the test statistic under H0 is

χ²= ∑ (ni - npi)²/ npi

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4) The critical region is χ² ≥ χ² (0.05)6 = 12.59

5) Calculations:

χ²= ∑ (16- 14.28)²/14.28 + (12- 14.28)²/14.28 + (12- 14.28)²/14.28 + (13- 14.28)²/14.28 + (14- 14.28)²/14.28 + (15- 14.28)²/14.28 + (18- 14.28)²/14.28

χ²= 1/14.28 [ 2.938+ 5.1984 +5.1984+1.6384+0.0784 +1.6384+13.84]

χ²= 1/14.28[8.1364]

χ²= 0.569= 0.57

6) Conclusion:

The calculated χ² =  0.57   does not fall in the critical region χ² ≥  12.59  so we fail to reject the null hypothesis and conclude the proportion of fatal bicycle accidents in 2015 was the same for all days of the week.

b.<u> It is r</u>easonable to conclude that the proportion of fatal bicycle accidents in 2015 was the same for all days of the week

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Your equation would be y = 5x + 40 because you already made 0 and are selling 5 each day

So some points you may use are (0, 40), (1, 45), (5, 65), (10, 90)

Hope this helps!
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3 years ago
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The quotient of 18 and n
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18:n=\dfrac{18}{n}
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