Which situation is best represented by the following equation?<br> 45w + 123.95<br> 753.95

VLD [36.1K]

75 is 125% of 60. Hope this helps! :)

7 0

3 years ago

Consider a collection of envelopes consisting of 1 red envelope, 2 blue envelopes, 2 green envelopes.and 3 yellow envelopes. If

katrin [286]

Answer:

C. 1/16

Step-by-step explanation:

The probability of picking a blue envelope is 2/8 = 1/4. You want to select a blue envelope twice with replacement so we multiply 1/4*1/4 which is 1/16.

5 0

3 years ago

Why is x=6 a solution to the proportion 192/36=32/x

Norma-Jean [14]

Answer:

They're both equal each other!

Step-by-step explanation:

Because 32/6 is 5.33... on the calculator and when you divide 192/36 is 5.33 and so on. X = 6 is the solution because both of these divisors equal each other!!! Hope this helps!

7 0

3 years ago

The test statistic of zequals2.32 is obtained when testing the claim that pgreater than0.3. a. Identify the hypothesis test as b

Sonja [21]

Answer:

a) We need to conduct a hypothesis in order to test the claim that the true proportion p is greatr than 0.3, so then the system of hypothesis are.:

Null hypothesis: $p \leq 0.3$

Alternative hypothesis: $p > 0.3$

Right tailed test

b) $p_v =P(z>2.32)=0.0102$

c) So the p value obtained was a very low value and using the significance level given $\alpha=0.1$ we have $p_v$ so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 1% of significance the proportion of interest is higher than 0.3

Step-by-step explanation:

Part a: Concepts and formulas to use

We need to conduct a hypothesis in order to test the claim that the true proportion p is greatr than 0.3, so then the system of hypothesis are.:

Null hypothesis: $p \leq 0.3$

Alternative hypothesis: $p > 0.3$

Right tailed test

When we conduct a proportion test we need to use the z statisitc, and the is given by:

$z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}}$ (1)

The One-Sample Proportion Test is used to assess whether a population proportion $\hat p$ is significantly different from a hypothesized value $p_o$ .

Calculate the statistic

For this case the statistic is given by $z_{calc}= 2.32$

Part b: Statistical decision

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.

The next step would be calculate the p value for this test.

Since is a right tailed test the p value would be:

$p_v =P(z>2.32)=0.0102$

Part c

So the p value obtained was a very low value and using the significance level given $\alpha=0.1$ we have $p_v$ so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 1% of significance the proportion of interest is higher than 0.3

6 0

3 years ago

Your firm has a new strategy that will make its established product obsolete. However, it will take a year before you are ready

pogonyaev

Answer:

The transition between launching a new product or strategy and discontinuing the current product is a crucial business decision because it involves financial risk, customer relation and overall brand of the organization.

Step-by-step explanation:

I would choose to announce the new business strategy with a risk of short-term financial loss because of the following reasons:-

Competitive Business Environment:- In a competitive world, an organization must update the current line of products or introduce a new one to meet the growing demand and expectations of its customers. Even though a new strategy or product may incur additional cost or a loss, product development is key to having an edge over its competitors.

Long-Term Goal:- Organizations that develop strategies keeping the long-term vision of the company in mind tend to survive and sustain profits in the long run. Business is an on-going process so it’s important to stay relevant to customer demands in the future as well. Loyal customers always expect the company to deliver new products and services which can outperform the existing products and creates brand loyalty.

Business Integrity:- An organization must exercise effective stakeholder’s relationship management not just with customers but with other stakeholders like suppliers and shareholders. Announcing a new business strategy in advance built trusts and opportunities for your stakeholders to engage with you in a B2B partnership in future. This strengthens the existing partnerships and relations, where others would want to continue doing business with you in future and beyond.

6 0

3 years ago

Which situation is best represented by the following equation? 45w + 123.95 753.95