At the equilibrium price p, we can solve for the quantity of goods x :
demand = supply
5200 - 0.0005x = 2800 + 0.0003x
2400 = 0.0008x
x = 3,000,000
With this quantity of goods, the equilibrium price is
p = 5200 - 0.0005 (3,000,000)
p = 5200 - 1500
p = 3700
Answer:
Step-by-step explanation:
In the two independent samples application, it involves the test of hypothesis that is the difference in population means, μ1 - μ2. The null hypothesis is always that there is no difference between groups with respect to means.
Null hypothesis: ∪₁ = ∪₂. where ∪₁ represent the mean of sample 1 and ∪₂ represent the mean of sample 2.
A researcher can hypothesize that the first mean is larger than the second (H1: μ1 > μ2 ), that the first mean is smaller than the second (H1: μ1 < μ2 ), or that the means are different (H1: μ1 ≠ μ2 ). These ae the alternative hypothesis.
Thus for the z test:
if n₁ > 30 and n₂ > 30
z = X₁ - X₂ / {Sp[√(1/n₁ + 1/n₂)]}
where Sp is √{ [(n₁-1)s₁² + (n₂-1)s₂²] / (n₁+n₂-2)}
Answer:
I'm not ok. that is too expensive
Step-by-step explanation:
Answer:
The answer is C.
Step-by-step explanation:
Multiply 4 by 76, 77, and 78.
4 * 76 = 304
4 * 77 = 308
4 * 78 = 312
304 = 304, so C is the correct answer.
Hope this helps!
