Answer:
Price is $1088 (agrees with answer B)
Step-by-step explanation:
Notice that the linear equation that represents this relationship can be estimated via finding the slope and y-intercept using a couple of the given points on the plane (for example (5, 140), and (10, 200), which results in;
Price = 12 x + 80
where "x" is the number of computers shipped.
Then, to ship 84 computers, we have the following price:
Price = 12 (84) + 80 = 1088
Then the price is $1088.
Answer:
If the p-value is less than a given significance level, you reject the null hypothesis and accept the alternative hypothesis.
Step-by-step explanation:
Suppose you have a business in which you'd like to make a change to increase your business. After making the change, you can use a significance test it. To conduct a significance test, you make a null hypothesis which states essentially that no effect happened. You also make an alternative hypothesis that states the change had an effect. You then test the two to see which one stands. In a significance test, using the p-value from your sample you compare it to the null and alternative hypotheses. You make a conclusion when:
- If the p-value is less than a given significance level, you reject the null hypothesis and accept the alternative hypothesis since the evidence is in favor of it.
If the p-value is greater than the significance level, then you fail to reject the null hypothesis and cannot conclude. There isn't evidence in favor of the alternative hypothesis.
Please show all of the expressions.