Answer:
Option D - Will not be rejected at the 0.05 level.
Step-by-step explanation:
The significance level, which is denoted as "α", is a measure of the strength of the evidence that must be present in a sample before we can reject the null hypothesis and conclude that the effect is statistically significant. Now, this significance level must be determined before conducting an experiment.
Now, in the context of this question, the significance level is the probability of rejecting the null hypothesis when it is true. For example, a significance level of 0.05 means a 5% risk of concluding that a difference exists when there is no actual difference. Now, lower significance levels will indicate that we require stronger evidence before we can reject the null hypothesis.
Thus, if we don't reject at α = 0.1,we obviously will not reject at higher values.
Thus, looking at the options, we will not reject at 0.05 significance level.
Answer:
47 meetings
Step-by-step explanation:
1. You know the company generates 100,000 dollars in profits, and pays 50,000 dollars to host the event, therefore, subtract both numbers to determine how much profit they make.
100,000 - 50,000 = 50,000 dollars
2. You now know that company generates 50,000 dollars in profits for each meeting
3. You also know that the company is aiming for a profit of 2.35 million, so you would divide the the goal by the total profits per meeting
2,350,000/50,000 = 47
It takes 47 meetings for the company to reach their goal.
Answer:
Easy, 4 units
Step-by-step explanation:
To answer this question you need to first set up the small, medium, large number of cakes as a ratio with a total. From here you will create a new ratio of the correct number of small medium and large Cakes sold using the total 216. The factor would be to multiply by nine. -Step 1 in picture. After this you would read what the relationship is between a medium and a small and the large and the small profits are - Step 2 in picture. After this you would represents the total profit based on the number of small medium and large cakes that were sold. Making this equal to L648.45. To find the profit for one small, you would then divide 648.45 by the 495 you got when you simplify the expression. The answer is L1.31.
3x - 15 = 105
3x = 120
x = 40
3(40) - 15 + y + 24 = 180
120 - 15 + y + 24 = 180
129 + y = 180
y = 51