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Step-by-step explanation:
<span>p1=44/88=.50; p2=57/85=.67.
Under the null hypothesis of no difference, we pool the data to estimate the
common p of (44+57)/(88+85)=.584.
The test statistic is (.67-.50)/sqrt[(.584)(1-.584)(1/88 + 1/85)]=2.268 (which is stat sig. at a .095 level).</span>
Answer:
1. 1080
2. It shows the initial debt, i.e., $1080
3.24 months
Let s represent the number of sales, and t the total pay
the equation to represent this situation is t = 2s + 50
so set t to 100, and solve for s
100 = 2s + 50
50 = 2s
25 = s
you need to make at least 25 sales
