Answer:
B and E
Step-by-step explanation:
Answer: The parametric is being tested here is "p" (population proportion).
The hypothesis test is left-tailed.
Step-by-step explanation:
Given : The null and alternative hypotheses are
The parametric is being tested here is "p", where p stands for population proportion.
Also, the type of test depends on the alternative hypotheses.
Since the alternative hypotheses is left-tailed, so the hypothesis test is left-tailed.
Solve the top, then solve the bottom, and divide the top by the bottom.
U have to multiply and then divide it and find that scale
The numbers of chairs and tables that should be produced each week in order to maximize the company's profit is 15 chairs and 18 tables.
Since a furniture company has 480 board ft of teak wood and can sustain up to 450 hours of labor each week, and each chair produced requires 8 ft of wood and 12 hours of labor, and each table requires 20 ft of wood and 15 hours of labor, to determine, if a chair yields a profit of $ 65 and a table yields a profit of $ 90, what are the numbers of chairs and tables that should be produced each week in order to maximize the company's profit, the following calculation should be done:
- 16 chairs; 24 tables
- Time used = 16 x 12 + 24 x 15 = 192 + 360 = 552
- Wood used = 16 x 8 + 24 x 20 = 128 + 480 = 608
- 15 chairs; 18 tables
- Time used = 15 x 12 + 18 x 15 = 180 + 270 = 450
- Wood used = 15 x 8 + 18 x 20 = 120 + 360 = 480
- 12 chairs; 28 tables
- Time used = 12 x 12 + 28 x 15 = 144 + 420 = 564
- Wood used = 12 x 8 + 28 x 20 = 96 + 540 = 636
- 18 chairs; 20 tables
- Time used = 18 x 12 + 20 x 15 = 216 + 300 = 516
- Wood used = 18 x 8 + 20 x 20 = 144 + 400 = 544
Therefore, the only option that meets the requirements of time and wood used is that of 15 chairs and 18 tables, whose economic benefit will be the following:
- 15 x 65 + 18 x 90 = X
- 975 + 1,620 = X
- 2,595 = X
Therefore, the numbers of chairs and tables that should be produced each week in order to maximize the company's profit is 15 chairs and 18 tables.
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