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IrinaK [193]
3 years ago
15

Joshua currently earns $5000 a year from his lawn care business. He has two plans to increase his revenue. Plan 1 would increase

his yearly revenue by 20%. Plan 2 would increase his revenue by $1500 a year. What is the approximate percent of increase in revenue after 7 years for Plan 1? Round to the nearest whole number.
Mathematics
1 answer:
Varvara68 [4.7K]3 years ago
6 0
Plan 1 A=5,000×(1+0.20)^(7)=17,915.9
Plan 2 A=(1,500×7)+5,000=15,500
How much greater.. 17,915.9−15,500=2,415.9
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A public bus company official claims that the mean waiting time for bus number 14 during peak hours is less than 10 minutes. Kar
ch4aika [34]

Answer:

We conclude that the mean waiting time is less than 10 minutes.

Step-by-step explanation:

We are given that a public bus company official claims that the mean waiting time for bus number 14 during peak hours is less than 10 minutes.

Karen took bus number 14 during peak hours on 18 different occasions. Her mean waiting time was 7.8 minutes with a standard deviation of 2.5 minutes.

Let \mu = <u><em>mean waiting time for bus number 14.</em></u>

So, Null Hypothesis, H_0 : \mu \geq 10 minutes      {means that the mean waiting time is more than or equal to 10 minutes}

Alternate Hypothesis, H_A : \mu < 10 minutes    {means that the mean waiting time is less than 10 minutes}

The test statistics that would be used here <u>One-sample t test statistics</u> as we don't know about the population standard deviation;

                       T.S. =  \frac{\bar X-\mu}{\frac{s}{\sqrt{n} } }  ~ t_n_-_1

where, \bar X = sample mean waiting time = 7.8 minutes

             s = sample standard deviation = 2.5 minutes

             n = sample of different occasions = 18

So, <u><em>test statistics</em></u> =  \frac{7.8-10}{\frac{2.5}{\sqrt{18} } }  ~ t_1_7

                              =  -3.734

The value of t test statistics is -3.734.

Now, at 0.01 significance level the t table gives critical value of -2.567 for left-tailed test.

Since our test statistic is less than the critical value of t as -3.734 < -2.567, so we have sufficient evidence to reject our null hypothesis as it will fall in the rejection region due to which <u>we reject our null hypothesis</u>.

Therefore, we conclude that the mean waiting time is less than 10 minutes.

5 0
4 years ago
The perimeter of a rectangular field is 380 yd. the length is 70 yd longer than the width. find the dimensions.
GaryK [48]
P=2L+2W
380=2*70+2W
380=140+2W
2W=240
W=120

The dimensions are 70 yd and 120 yd

Hope this helps!
3 0
3 years ago
Usqqe format HTH to mean that the first toss is heads, the second is tails and the third is heads more than one element in the s
Scrat [10]

SOLUTION

Given the question in the image, the following are the solution steps to answer the question.

STEP 1: State the number of outcomes possible for three tossing of a coin

Since a coin has two possible outcomes and is tossed three times, the total outcomes will be:

\begin{gathered} 2^3=8 \\ 8\text{ outcomes} \end{gathered}

STEP 2: Find the number of sample spaces for the three tosses

STEP 3: Get the outcomes of the events for which the second toss is tails

Hence, the answers are given as:

Sample Space:

\lbrace HHH,HHT,HTH,HTT,THH,THT,TTH,TTT\rbrace

The event that the second toss is tails:

\lbrace HTH,HTT,TTH,TTT\rbrace

4 0
1 year ago
What is the diameter of the circle? <br> Enter your answer in the box. <br> _____units
wel

Answer:

8 units because the diameter is the side to side length of the circle so when you count it you get 8 units.

5 0
2 years ago
1. What is - 7 5/12
tester [92]
The answer is -7.4166666 or written as -7.4167
4 0
3 years ago
Read 2 more answers
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