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lara31 [8.8K]
3 years ago
7

A Web site sells products for a small business. The Web site collects 30 percent of the revenue from the products that the busin

ess sells. The business instructs the Web site to sell no more than 150 of its products at a time for staffing purposes. Suppose that the Web site runs a daily deal on designer jeans. Each pair of jeans is sale-priced at $95. What is the largest amount of money that the Web site can collect from the daily deal on jeans?
Mathematics
1 answer:
Sergeeva-Olga [200]3 years ago
6 0

Hey!

Hope this helps...

~~~~~~~~~~~~~~~~~~~~~~~

150 * (95 * 0.30) = x

150 * 28.50 = x

x = $4,275 is the max the website can earn per 150 sold...

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Since H_a is right-tailed and population standard deviation is also known, so we perform right-tailed z-test.

Test statistic : \dfrac{\overlien{x}-\mu}{\dfrac{\sigma}{\sqrt{n}}}

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For n=42,\ \overline{x}=140\ \&\ \sigma=24, we have

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[When critical value is less than the test statistic value , we reject the null hypothesis .]

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Let,

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Keywords: linear inequalities, addition

Learn more about linear inequalities at:

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#LearnwithBrainly

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