Answer:
k = 1.75
Step-by-step explanation:
5 - 4k = -7
k = 1.75, because if you subtract 4 from both sides, you are left with 1.75 = -7.
Answer: F
Step-by-step explanation: 90/3.28 equals 27.4390244
Answer:
Test statistic = -2.44
There is enough evidence to support the strategist's claim.
Step-by-step explanation:
H0 : p = 0.41
H1 : p < 0.41
pˆ = 0.38
Test statistic :
z=pˆ−p/√p(1−p)/n
Z = (0.38 - 0.41) / √(0.41(1 - 0.41) / 1600
Z = - 0.03 / √0.0001511875
Z = - 0.03 / 0.0122958
Z = - 2.4399
Test statistic = -2.44
The Pvalue :
P(Z < -2.44) = 0.0073436
α - level = 0.02
If Pvalue < α ; Reject H0
0.0073436 < 0.02 ; We reject H0
Since Pvalue < α ; Hence, There is enough evidence to support the strategist's claim.
The final price is the cost plus the tax.
Since we know the tax and a percent, we can write this as
T = C(1+r)
T = what Graham paid = $87.45
C = cost before tax
r = tax rate expressed as a decimal = .40
Plugging in what we know
87.45 = C (1+.4)
87.45 = C(1.4)
Divide both sides by 1.4
C = $62.46
