Answer:
he is an ordinary man because that is what the speaker is talking about
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Answer: 34
I hope this helped!
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- Zack Slocum
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Answer:
There were 8 total steps
Step-by-step explanation:
Okay, so we start in the middle.
-2 + 4 = 2. We're back in the middle.
2 - 3 = -1. One away from the middle.
-1 + 5 = 4. Now you're at the top.
4 x 2 = 8
Answer:
P-value ≈ 0.3463
Step-by-step explanation:
Hypothesis test would be
:p=0.20
:p>0.20
We need to calculate the z-score of sample proportion and then the corresponding P-value.
z-score can be calculated as:
z=
where
- p(s) is the sample proportion of specimens yield before the theoretical point (
)
- p is the proportion assumed under null hypothesis. (0.20)
- N is the sample size (40)
Using the numbers
z=
=0.3953
and the P-value is then P(z)≈0.3463
Answer:
When customers wait longer for tables, they are more likely to pay higher prices.
Step-by-step explanation:
Supply/Demand relationships predict that changing one side will influence the other. If demand exceeds capacity, suppliers can raise prices without risk of losing products sold. In fact, total income will rise. The restaurant may raise it's price to the point that supply meets demand. In this case, the goal of the higher priced meals is to reduce wait times, not meals sold. If the meals sold are all at a higher price/meal, then income rises and wait times are reduced. What's not to like, if you own the restaurant?