find the critical values and rejection regions for the indicated T Test level of significance a and sample size n two tailed tes
1 answer:
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The price of less expensive equipment is $1575.
Step-by-step explanation:
Let,
Price of one equipment = x
Price of other equipment = y
According to given statement;
x+y=4000 Eqn 1
x = y+850 Eqn 2
Putting Eqn 2 in Eqn 1
Dividing both sides by 2;
Putting y=1575 in Eqn 2;
The price of less expensive equipment is $1575.
Keywords: linear equation, substitution method
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