What is the value of x? enter your answer in the box X=
2 answers:
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Answer:
test stat=1.7986
p value =0.0391
Step-by-step explanation:
given
n=50
d = 7.3
s d = 28.7
formula to calculate test statistic
t=
⇒ t=
⇒t=1.7986
for 49 df and t=1.7986 ,p value can be obtained from software
p value=0.0391
A= B+C
As given, A+B+C = 50000 seats
A+(B+C) = 50000
2A = 50000
A= 25000 seats
Now section A sells seats at $30 each
So,
Now, B+C = 25000
B = 25000-C
B sells at $24 and C sells at $18
So, 24B+18C = 538800
Now as section A incurs an amount of $750000 from booking, so B and C will incur 1288800-750000 = 538800 where $1288800 is the total booking amount.
24B+18C = 538800
6C = 61200
C = 10200
Now, B = 25000-C
B = 25000 - 10200 = 14800
Hence, section A has 25000 seats
Section B has 14800 seats
Section C has 10200 seats