Here is the answer for the 1st one. I have a picture of the second one but I’m not sure if I can post the picture of it
Pls help and pls show ur work
1 answer:
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Using a t-distribution calculator and finding the p-value, the correct option regarding the conclusion is given by:
a) the p-value is 0.02. We reject h0 at the 5% significance level because the p-value 0.02 is less than 0.05.
<h3>What is the relation between the p-value and the conclusion?</h3>It also involves the significance level, as follows.
- If the p-value is less than the significance level, we reject the null hypothesis
.
- If it is more, we do not reject.
In this problem, a t-distribution calculator for a right-tailed with <em>t = 2.15 and 25 - 1 = 24 df</em> is used to find a p-value of 0.02.
It is less than 0.05, hence option a is correct.
More can be learned about p-values at brainly.com/question/26454209
Answer:
Maximum profits are earned when x = 64 that is when 64 units are sold.
Maximum Profit = P(64) = 2,08,490.666667$
Step-by-step explanation:
We are given the following information:, where P(x) is the profit function.
We will use double derivative test to find maximum profit.
Differentiating P(x) with respect to x and equating to zero, we get,
Equating it to zero we get,
We use the quadratic formula to find the values of x:
, where a, b and c are coefficients of
respectively.
Putting these value we get x = -100, 64
Now, again differentiating
At x = 64,
Hence, maxima occurs at x = 64.
Therefore, maximum profits are earned when x = 64 that is when 64 units are sold.
Maximum Profit = P(64) = 2,08,490.666667$