Answer:
Step-by-step explanation:
Answer:
$45
Step-by-step explanation:
Answer:
a. Z-test of a population mean.
Step-by-step explanation:
The current owner claims that over the past 5 years, the average daily revenue was $675 with a standard deviation of $75.
This means that we have a large sample, which means that we can consider this to be the standard deviation for the population, which eliminates the t-test, leaving options a and c.
Population mean or proportion?
Mean, as a proportion is a value between 0 and 1, while average revenue may have lots of possible values. So the answer is given by option A.
Answer:
Step-by-step explanation:
x -2y = 1
x - y = 3
x - 2y = 1
-x + y = -3
-y = -2
y = 2
x - 2 = 3
x = 5
(5, 2)