The quote for USD/CHF is listed as 1.4481/88 as shown. How many Swiss francs does it cost to buy 1 U.S. dollar?
2 answers:
Answer:
USD/CHF is the currency pair, where USD stands for United States Dollar, and CHF stands for Swiss Francs.
This currency pair shows how many Swiss Francs are needed to buy 1 US Dollar. <em>The first currency listed is called base currency, and the second currency is called the quote currency. </em>Basically, the ratio shows how much of the quote currency is needed to purchase one unit of the base currency.
The ration of this pair is which means that we need 1.4481 CHF to buy one dollar.
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Answer:
a) No
b) No
c) P value is more than 0.05.
Step-by-step explanation:
We are given the following in the question:
Population mean, μ = 12 ounces
Sample size, n = 49
P-value = 0.136
First, we design the null and the alternate hypothesis
We use One-tailed z test to perform this hypothesis.
a) Alpha, α = 0.05
Since, p-value > α,
The null hypothesis should not be rejected. We accept the null hypothesis and reject the alternate hypothesis. We conclude that the average chip weight is 12 ounces per bag.
b) Alpha, α = 0.10
Since, p-value > α,
The null hypothesis should not be rejected. We accept the null hypothesis and reject the alternate hypothesis. We conclude that the average chip weight is 12 ounces per bag.
c) The evidence is statistically significant at the .05 level means that the p value is more than 0.05.
Answer:
x = 3
Step-by-step explanation:
Let's solve your equation step-by-step.
5x + 11 = -3x +35
Add 3x to both sides.
5x + 11 + 3x = -3x + 35 + 3x
8x + 11 = 35
Subtract 11 from both sides.
8x + 11 - 11 = 35 - 11
8x = 24
Divide both sides by 8.
x = 3
So therefore, that is how you found your answer: x = 3