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alina1380 [7]
3 years ago
8

If 5% of the total ticket is $125 what is the value of the total ticket sales

Mathematics
2 answers:
Iteru [2.4K]3 years ago
8 0
5% is 0.05 in decimal form
0.05x=125
x= $2,500
andriy [413]3 years ago
6 0
If you would like to know what is the value of the total ticket sales, you can calculate this using the following steps:

$x ... the value of the total ticket sales

5% of $x is $125
5/100 * x = 125     /*100/5
x = 125 * 100 / 5
x = $2500

Result: The value of the total ticket sales is $2500.
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Answer:

The <em>p</em>-value is 0.809.

Step-by-step explanation:

In this case we need to perform a significance test for the standard deviation.

The hypothesis is defined as follows:

<em>H</em>₀: <em>σ</em>₀ = 4 vs. <em>Hₐ</em>: <em>σ</em>₀ ≤ 4

The information provided is:

<em>n</em> = 9

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Compute the Chi-square test statistic as follows:

\chi^{2}=\frac{(n-1)s^{2}}{\sigma_{0}^{2}}

     =\frac{(9-1)\cdot (3)^{2}}{(4)^{2}}\\\\=\frac{8\times 9}{16}\\\\=4.5

The test statistic value is 4.5.

The degrees of freedom is:

df = n - 1

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   = 8

Compute the <em>p</em>-value as follows:

p-value=P(\chi^{2}_{9}>4.5)=0.809

*Use a Chi-square table.

Thus, the <em>p</em>-value is 0.809.

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