For some reason its not letting me send you it so like here is a pic
Answer:
Now we can calculate the p value with the following probability:
Since the p value is lower than the significance level we have enough evidence to reject the null hypothesis and we can conclude that the true proportion for this case is higher than 0.5
Step-by-step explanation:
Data given and notation
n=75 represent the random sample taken
estimated proportion of interest
is the value that we want to test
represent the significance level
Confidence=95% or 0.95
z would represent the statistic
represent the p value
System of hypothesis
We want to verify if the true proportion is higher than 0.5:
Null hypothesis:
Alternative hypothesis:
The statistic is given by:
(1)
Replacing the info given we got:
Now we can calculate the p value with the following probability:
Since the p value is lower than the significance level we have enough evidence to reject the null hypothesis and we can conclude that the true proportion for this case is higher than 0.5
Distribute the .25 to get .25x + 1 - 3 = 28
Then simplify to get .25x - 2 = 28
Move the two to the right to get .25x = 30
Then divide to leave x: 30 / .25 = 120
X = 120
Answer:
- the total installment is $936
- the carrying charges are $186
- the monthly rate to buy the items are 19.23 or 20 months
Step-by-step explanation:
$39 for 24 months comes to ...
$39 × 24 = $936
The "carrying charges" are the difference between the cash price and the installment price:
$936 -750 = $186
Saving at the rate of $39 per month, it would take ...
$750/$39 = 19.23 months
about 20 months to save up the cash price.
Often, such savings would come from a once-a-month paycheck, so it would take more than 19 such paychecks to save the required amount.
hope it will help :)
(1,2)
The solution is where the lines intersect so you can see they intersect at (1,2)