Answer:
The amount of Kroner that can be bought from 1/5 of one dollar.
Step-by-step explanation:
We have been given that goods that cost 1/5 of one dollar in the U.S. cost one kroner in Denmark. We are asked to find the the real exchange rate that would be computed as how many Danish goods per U.S. goods.
The real exchange rate tells us how much foreign currency can be exchanged for a unit of domestic currency.
It also tells us that how much the goods and services in the domestic country can be exchanged for the goods and services in a foreign country.
Therefore, the real exchange rate would be the amount of Kroner that can be bought from 1/5 of one dollar.
Answer: it’s 135
Step-by-step explanation:
No you can divide 0.5 by 0.25 and you will get 2
Answer:
The correct option is option c.
H0: p not equal to 0.5
H1: p equal to 0.5
Step-by-step explanation:
1. H0: p not equal to 0.5
H1: p equal to 0.5
2. P cap = 104/ 260
P cap = 0.4. ( where p cap is the sample proportion)
3. Find the test statistic
Using : Z = ( p cap - p) /√ [(p ×q)/n] where p = 0.5 q= 1-p = 0.5. n=260
Z = -3.23
4. P value = 0.006
5. Since p value is less than the alpha level (0.01) . we reject the null hypothesis and conclude that the touch therapists are not effective.
Answer:
The answer is: m = 3/2
Step-by-step explanation:
The slope m = (y - y1)/(x - x1]
Replace the variables with the points given:
m = (2 - 5)/(1 - 3)
m = -3/-2
m = 3/2