X = 4 because 1 over 24 times 4 is 4 over 24 which is converted to 1 over 6
<span> D Q</span>
TC<span> = D x P <span>+ ___ x Cp + ____ x
Cs</span></span>
<span>Q 2</span>
TC: Total Cost
P: Price per unit
Q: Quantity
Cp: Cost of issuance of a purchase order
<span>Cs: storage cost per unit</span>
<em>Given, 9−7x=5−3x</em>
<em>Given, 9−7x=5−3xPut x terms on one side and constants on another side.</em>
<em>Given, 9−7x=5−3xPut x terms on one side and constants on another side.⇒9−5=7x−3x</em>
<em>Given, 9−7x=5−3xPut x terms on one side and constants on another side.⇒9−5=7x−3x⇒4=4x</em>
<em>Given, 9−7x=5−3xPut x terms on one side and constants on another side.⇒9−5=7x−3x⇒4=4x⇒x= </em><em>4</em><em>/</em><em>4</em><em> </em><em> =1</em>
<em> =1Hence, required solution is x=1.</em>
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Answer:
a) Null hypothesis:
Alternative hypothesis:
b) 
The degrees of freedom are given by:
The p value for this case taking in count the alternative hypothesis would be:
Step-by-step explanation:
Information given
represent the sample mean for the amount spent each shopper
represent the sample standard deviation
sample size
represent the value to verify
t would represent the statistic
represent the p value f
Part a
We want to verify if the shoppers participating in the loyalty program spent more on average than typical shoppers, the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
The statistic for this case would be given by:
(1)
Replacing the info given we got:
The degrees of freedom are given by:
The p value for this case taking in count the alternative hypothesis would be:
