Answer:
12 cents
Step-by-step explanation:
opportunity cost of the next best option forgone when one alternative is chosen over other alternatives
by loaning matt the money he forgoes the opportunity to earn 12 cents in interest. this is his opportunity cost
Answer:
7 mins
Step-by-step explanation:
Current speed of Joes Car = 65.5 mph
We have to find the time interval for which the car exceeded the speed limit of 55 mph.
While, we are given that the speed of the car was constantly increasing, hence the speed over all increased from the limit of 55 mph = 65.50-55.00 = 10.50 mph
We are also given that Joes car was increasing speed at a constant rate of 1.50 mph for every passing minute. Hence
1.50 mph is increased in 1 minute
1 mph will be increase in
minutes
Hence
10.50 mph will be increased in
minutes


Hence joes car was exceeding the limit of 55 mph for 7 minutes.
Answer:
Exact Form: z = 0, -2/25
Decimal Form: 0, -0.08
Step-by-step explanation:
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The last step is to solve for z
By testing the hypothesis we can conclude that the bag does not contain 11 kg of food.
Given mean of 10.6 kg, population standard deviation of 0.6 and sample size of 25.
We are required to find whether the company is right in saying that their bags contain 11 kg of food.
First we have to make hypothesis.
:μ≠11
:μ=11
We have to use t statistic because the sample size is less than 30.
t=(X-μ)/s/
We will use s/
=0.6 because we have already given population standard deviation of weights.
t=(11-10.6)/0.6
=0.4/0.6
=0.667
Degree of freedom=n-1
=25-1
=24
T critical at 0.05 with degree of freedom 24=2.0639
T critical at 0.05 with degree of freedom is greater than calculated t so we will accept the null hypothesis.It concludes that the bags donot contain 11 kg of food.
Hence by testing the hypothesis we can conclude that the bag does not contain 11 kg of food.
Learn more about t test at brainly.com/question/6589776
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