A. 3272.4
b.349.92
c. 198.432
d. 194.688
Answer:
H₀: µ ≤ $8,500; H₁: µ > $8,500
z= +1.645
Step-by-step explanation:
From the given problem As average cost of tuition and room and board at a small private liberal is less than the financial administrator As hypothesis is true.
As standard deviation is $ 1,200
α = 0.05
H₀: µ ≤ $8,500
if the null hypothesis is true then value for critical z is +1.645.
Answer:
$15
Step-by-step explanation:
let the hourly rate of pay for Ben = B
let the hourly rate of pay for Judy = J
Judy worked 4 hours and Ben worked 1 hour, their combined pay was $75;
4J + B = 75 ----- i
Judy worked 2 hours and Ben worked 6 hours, their combined pay was $120
2J + 6B = 120 --- ii
Now, we should solve the expression;
Multiply equation ii by 2 and equation i by 1;
4J + B = 75 ----- i x 1 ; 4J + B = 75 -- iii
2J + 6B = 120 --- ii x 2 ; 4J + 12B = 240 ---iv
Now,
equation iv - iii;
11B = 165
B = $15
So, solving for J;
4J + B = 75
4J + 15 = 75
4J = 75 - 15 = 60
J = $15
Log (7/4) is equivalent to log (7.7/4.4), therefore it's log(7.7) - log(4.4), or...
2.0142 - 1.4816 = 0.5326
