A critical value is the point on the scale of the
test statistic (z test in this case) outside which we reject the null
hypothesis, and is taken from the level of significance of the test. The critical
values can be obtained from the standard distribution tables for z and for this
case, it is equivalent to:
critical value zα/2 at 98% confidence level = 2.326
Answer: 2.326
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Answer:
$90,200
Step-by-step explanation:
Airlines usually try to sell their all seats before they fly the airplane. They do wish to sell maximum available seats in order to maximize their revenue. If the airplane takes off with less occupancy then there is opportunity cost for the airline companies. There are 200 seats available to the current flight and they wishes to sell it completely. If they sell all the 200 seats at the price of $451 per seat then their total revenue will be $90,200.
there are 4 tens in a deck so probability of picking a ten is 4/52 reduced to 1/13
there are 13 clubs in a deck, probability for that is 13/52 reduced to 1/4
probability for both is 1/13 x 1/4 = 1/52
Answer:
A 1.3
Step-by-step explanation:
probabilities lie between 0 and 1 and cannot be more or less
