Answer:
The p value for this case would be given by:
For this case the p value is lower than the significance level so then we have enough evidence to reject the null hypothesis so then we can conclude that the true proportion is significantly higher than 0.42
Step-by-step explanation:
Information given
n=1045 represent the random sample selected
X=502 represent the college graduates with a mentor
estimated proportion of college graduates with a mentor
is the value that we want to test
z would represent the statistic
represent the p value
Hypothesis to test
We want to test if the true proportion is higher than 0.42, the system of hypothesis are.:
Null hypothesis:
Alternative hypothesis:
The statistic is given by:
(1)
Replacing the info we got:
The p value for this case would be given by:
For this case the p value is lower than the significance level so then we have enough evidence to reject the null hypothesis so then we can conclude that the true proportion is significantly higher than 0.42
Answer:
It will take 100 songs for the monthly price of Napster to cost the same as iTunes.
Step-by-step explanation:
Let's create two equations to represent iTunes (T(d)) and Napster (N(d)):
T(d)=0.99d
N(d)=0.89d+10
In order for us to find when the two prices will be the same, let's set the equations equal to each other and solve for x:
0.99d=0.89d+10
0.1d=10
d=100
Answer:
V = 10 1/2 ft³
Step-by-step explanation:
V = length • width • height
V = 2 • 3 1/2 • 1 1/2
V = 10 1/2 ft³
Answer:
Step-by-step explanation:
In costing analysis, direct materials, labour and direct expenses aggregate to prime cost. Alternately, the aggregate of indirect materials, labour and expenses is termed as overhead. Overheads are classified into fixed and variable.
Variable overhead is one which varies directly as per number of units produced
Variable overhead rate variance = actual costs -(AHxSR)
= Actual costs - (Actual hours x std rate)
= Actual hours x actual rate - actual hours x std rate
Hence option D is right.
