What is 6 more than a number,X,is 3.
1 answer:
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Answer:
The P-value is 0.0166.
Step-by-step explanation:
<u>The complete question is:</u> In a one-tail hypothesis test where you reject H0 only in the lower tail, what is the p-value if ZSTAT = -2.13.
We are given that the z-statistics value is -2.13 and we have to find the p-value.
Now, the p-value of the test statistics is given by the following condition;
P-value = P(Z < -2.13) = 1 - P(Z 2.13)
= 1 - 0.9834 = <u>0.0166</u>
Assuming that the level of significance is 0.10 or 10%.
The decision rule for rejecting the null hypothesis based on p-value is given by;
- If the P-value of the test statistics is less than the level of significance, then we have sufficient evidence to reject the null hypothesis.
- If the P-value of the test statistics is more than the level of significance, then we have insufficient evidence to reject the null hypothesis.
Here, the P-value is more than the level of significance as 0.0166 > 0.10, so we have insufficient evidence to reject the null hypothesis, so we fail to reject the null hypothesis.
See attached picture for solution:
Answer:
20 masks and 100 ventilators
Step-by-step explanation:
I assume the problem ask to maximize the profit of the company.
Let's define the following variables
v: ventilator
m: mask
Restictions:
m + v ≤ 120
10 ≤ m ≤ 50
40 ≤ v ≤ 100
Profit function:
P = 10*m + 65*v
The system of restrictions can be seen in the figure attached. The five points marked are the vertices of the feasible region (the solution is one of these points). Replacing them in the profit function:
point Profit function:
(10, 100) 10*10 + 65*100 = 6600
(20, 100) 10*20 + 65*100 = 6700
(50, 70) 10*50 + 65*70 = 5050
(50, 40) 10*50 + 65*40 = 3100
(10, 40) 10*10 + 65*40 = 2700
Then, the profit maximization is obtained when 20 masks and 100 ventilators are produced.
