Answer:
100%
Step-by-step explanation:
The initial price of the paper = 1.99
The final price of the pack of paper = 3.98
We need to find the percentage increase in the price of the product. It can be solved as follows :
So, the percentage increase in the price of the product is 100%.
Answer:
Test statistic z= 1.708
Step-by-step explanation:
given that a television network is deciding whether or not to give its newest television show a spot during prime viewing time at night. If this is to happen, it will have to move one of its most viewed shows to another slot.
Sample size n = 827
Sample proportion p =
(right tailed test)
This is because they would be interested if more than half viewers are ready for the change
Test statistic = Z = p difference/std error
p difference = 0.0297
Std error =
Z =1.708
p valu e= 0.9562
Since p >0.05 we fail to reject H0
Test statistic z= 1.708