Price decrease = 14.3% of $52,000 = 0.143*$52,000 = $7,436
Price of next model = $52,000-$7,436 = $44,564
Since the p-value of the test is of 0.00001 < 0.01, these results have statistical significance.
<h3>What is the relation between the p-value and the conclusion of the test hypothesis?</h3>
Depends on if the p-value is less or more than the significance level:
- If it is more, the null hypothesis is not rejected, which means that the results do not have statistical significance.
- If it is less, it is rejected, which means that the results have statistical significance.
In this problem, the probability is the p-value, hence since the p-value of the test is of 0.00001 < 0.01, these results have statistical significance.
More can be learned about p-values at brainly.com/question/13873630
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Answer:
below
Step-by-step explanation:
improper fraction: 14/5
as a decimal: 2.8
proper fraction: 2 4/5
Answer:
5x + y = -48
Step-by-step explanation:
(y + 3)/(x + 9) =m
=> y + 3 = -5x -45
=> 5x + y + 48 = 0
