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SCORPION-xisa [38]
3 years ago
15

Why might a mattress store choose to advertise new mattresses, worth $1,000, as $50 per week for 22 weeks?

Mathematics
2 answers:
Ipatiy [6.2K]3 years ago
8 0
$50 per week is more affordable to most people than $1000 up front. So the customer is more likely to buy it, and the store ends up 50*22 = $1100, so $100 more (which might seem worth it for the customer if they get to pay it over 22 weeks).

Some people might also be enticed by the low price of $50 and think its cheaper.
IgorLugansk [536]3 years ago
3 0
By doing so, they provide the illusion that the payments are cheaper then 1000 dollars, because 50 looks very small, when in reality it's $100 more then what the mattress is actually worth.
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Hypothesis testing:

Basically, in math hypothesis, it test the population on the basis of the sample data taken from the population using a simple random sampling.

Given,

According to a study conducted by an​ organization, the proportion of Americans who were afraid to fly in 2006 was 0. 10. A random sample of 1300  Americans results in 117 indicating that they are afraid to fly.

Now, we need to explain why this is not necessarily evidence that the proportion of Americans who are afraid to fly has.

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Then the Formulation of Hypotheses is written as,

Here the Null Hypothesis: H0: p≥0.10

And the alternative Hypothesis: Ha: p<0.10

Then the Left-tailed test of Test statistic is written as,

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Then the Critical value, z≈−1.645

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If the value of  |z|<|z0.05|≈1.645: Do not reject the null hypothesis.

Otherwise If value of  |z|≥|z0.05|≈1.645: Reject the null hypothesis.

To know more about Hypothesis testing here.

brainly.com/question/28920252

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