A store pays 159$ for a garden statue. The store marks up the price by 40%. 1.) what is the amount of mark up ( nearest hundred)
1 answer:
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Answer:
The value of the test statistic is -2.64.
Step-by-step explanation:
The test statistic is:
In which X is the sample mean, is the expected(claimed) mean,
is the standard deviation and n is the size of the sample.
An automobile manufacturer claims that its van has a 40.3 miles/gallon (MPG) rating.
This means that
After testing 250 vans, they found a mean MPG of 39.9. Assume the standard deviation is known to be 2.4.
This means, respectively, that:
So
The value of the test statistic is -2.64.
We are given that Kristine spends $20 and saves the rest each time she get paid.
We can use slope-intercept form y=mx+b to represent the equation.
Where x represents the amount Kristine earns and y represents the amount she saves.
Kristine spends $20. Therefore b= -20.
Plugging mx as just x and b=-20.
<h3>y = x-20.</h3><h3>If we plug y=0, we get </h3><h3>0 = x-20</h3><h3>x=20.</h3><h3>We can see in 4th option we have x-intercept =20.</h3><h3>Therefore, correct option is 4th option. </h3><h3 />