Here, we are missing the slope and the y intercept.
Lets look for the y intercept first.
Where does it cross the y axis? At 3!!
3 is the y intercept.
Now, find the slope by using the slope formula.
(0,3) and (2,1)
m = 1-3/2-0 = -2/2 = -2/2 = -1
m = -1
Okay, so we found our slope, now just write the equation.
Answer: y = -1x + 3
Answer:
The test statistic value is 1.474.
Step-by-step explanation:
In this case we need to determine whether the plant is making a higher than expected number of irregular t-shirts.
If more than 8% of the t-shirts manufactured at a plant are classified as irregular, the manager has to do an investigation to try to find the source of the increased mistakes in the manufacturing process..
The hypothesis for this test can be defined as follows:
<em>H₀</em>: The proportion of irregular t-shirts is 8%, i.e. <em>p</em> = 0.08.
<em>Hₐ</em>: The proportion of irregular t-shirts is more than 8%, i.e. <em>p</em> > 0.08.
The information provided is:
<em>n</em> = 100
<em>X</em> = number of irregular t-shirts = 12
Compute the sample proportion as follows:
Compute the test statistic as follows:
Thus, the test statistic value is 1.474.
No 20.0000004 cannot be rational.
To find markup price, multiply the original number (455) by 1 + the decimal equivilent of the percent increase (.34)
so
455*1.34= $609.70
