Graph the line y=5x. Then graph the line y=x. Then look at them and describe in what ways they are the same or different.
Answer:
An airline claims that the no-show rate for passengers is less than 5%. In a sample of 420 randomly selected reservations, 19 were no-shows. At α=0.01, test the airline's claim. State the sample percentage and round it to three decimal places.
State the hypotheses.
State the critical value(s).
State the test statistics.
State the decision
State the conclusion.
1/3 = 8/24
1/8 = 3/24
use 24 since it's the LCM of 8 and 3
8-3/24 = 5/24
Divide $31.75 by 2 to find out the cost for 1 pack. Then multiply that total times 3 to get the total for 3 packs.
31.75/2 = 15.875
15.875 x 3 = 47.625, rounded to $47.63
