Answer: The proportion of new car buyers that trade in their old car has statistically significantly decreased.
Step-by-step explanation:
Since we have given that
p = 48% = 0.48
n = 115
x = 46
So, 
So, hypothesis would be

So, test value would be

At 10% level of significance, critical value would be
z= 1.28
Since 1.28 < 1.72
So, we will reject the null hypothesis.
Hence, the proportion of new car buyers that trade in their old car has statistically significantly decreased.
Answer:
afkdtusttdd worksheet Albertsons Prescott keeps given
Answer:
Option D (r(t) = 3.50t +25
; r(8) = 53)
Step-by-step explanation:
The fixed cost to rent the kayak $25. This is the cost which remains fixed irrespective of the usage of the kayak. The variable cost of using the kayak is the cost which depends on the usage of the kayak. It is mentioned that the kayak is used for 4 hours and the company charges $3.5 for every half hour. The cost function is given by:
r(t) = 25 + 3.5t ; there r is the total cost of using the kayak and t is the number of half-hours the kayak is used.
4 hours means that there are 8 half-hours. Therefore, t=8. Put t=8 in r(t).
r(8) = 25 + 3.5*(8) = 25 + 28 = 53.
Therefore, Option D is the correct answer!!!