Answer:
No.
Step-by-step explanation:
The equipment wll save $35,000 per over for 10 years, which totals to $350,000.
If the equipment is bought on a simple interest rate of 12% annually for ten years, it will cost:
We will need to pay $440,000 in total for the machine in over ten years.
If we compare both values, it can be deduced that industrial equipment is more expensive than labor cost.
Answer:
Step-by-step explanation:
Let be the average number of hours a person drive without adding the product.
Given claim : An infomercial claims that a woman drove 33 hours without oil.
i.e.
It is known that the null hypothesis always contains equal sign and alternative hypothesis is just opposite of the null hypothesis.
Thus the null and alternative hypothesis for the given situation will be :-