I think it's 112 I did it in my head might be wrong
It would be: 420 + (420 * 17.5%)
= 420 + (420 * 0.175) [ 17.5% = 0.175 ]
= 420 + 73.5
= 493.5
In short, Your Answer would be <span>£493.5
Hope this helps!</span>
The p-value of the test is the calculated probability. Hence, the probability must be 18/380. In simplified terms, this is equal to 0.0474 or 4.74%. This is the p-value of the test. The null hypothesis is p < 6%. According to the test, the p-value is 4.74%. Therefore, the null hypothesis is accepted.
The answer is not among the choices. The answer must be 0.0474 or 4.74%.
