Answer:
a) Null and alternative hypothesis:

b) A Type I error is made when a true null hypothesis is rejected. In this case, it would mean a conclusion that the proportion is significantly bigger than 10%, when in fact it is not.
c) The consequences would be that they would be more optimistic than they should about the result of the investment, expecting a proportion of students that is bigger than the true population proportion.
d) A Type II error is made when a false null hypothesis is failed to be rejected. This would mean that, although the proportion is significantly bigger than 10%, there is no enough evidence and it is concluded erroneously that the proportion is not significantly bigger than 10%
e) The consequences would be that the investment may not be made, even when the results would have been more positive than expected from the conclusion of the hypothesis test.
Step-by-step explanation:
a) The hypothesis should be carried to test if the proportion of students that would eat there at least once a week is significantly higher than 10%.
Then, the alternative or spectulative hypothesis will state this claim: that the population proportion is significantly bigger than 10%.
On the contrary, the null hypothesis will state that this proportion is not significantly higher than 10%.
This can be written as:

Answer:
190 inches²
Step-by-step explanation:
Profit = 8%
If the briefcase was marked down 20% from 1500 you multiply 1500 x .2 = 300 in order to calculate the discount.
Calculate the discounted price:
1500 - 300 = 1200
Calculate 10% discount of 1200:
1200 x .1 = 120
Calculate the sales price:
1200 - 120 = 1080
The last step is to calculate the profit/loss is the cost is 1000.
The briefcase sold for 1080 and the company paid 1000 for it, so there was a profit of 80.
The percentage is calculate by dividing 80/1000 = 8% profit