Answer:
P = $240,000 – $196,000 = $44,000.
The expected value is a weighted average of each possible value weighted by its probability.
EV = ($44,000)(0.75) + ($–196,000)(0.25) = $–16,000.
The expect average profit is $–16,000.
The company should not make the product.
Step-by-step explanation:
ED
Answer:
A repeating decimal or recurring decimal is decimal representation of a number whose digits are periodic (repeating its values at regular intervals) and the infinitely repeated portion is not zero. The infinitely repeated digit sequence is called the repetend or reptend.
Answer:
40 inches
Step-by-step explanation:
blainliest
Answer:
Step-by-step explanation:
Given
Required
Determine the amount of blue paint when Red = 2
To do this, we make use of the following equivalent ratios
When and
When Red = 2
Equate both ratios
Convert to division
Convert fractions to improper fraction
Make Blue the subject
Answer:
There is significant evidence that treatment will create effect on the subject. Hence We reject H0
Step-by-step explanation:
H0 : μ = 37
H1 : μ ≠ 37
μ = 37 ; σ = 7 ; sample size, x = 51 ; sample size, n = 1
Decision region :
If P value < α ;
Reject H0
Using the Z test statistic :
Zstatistic = (x - μ) ÷ (σ / √n)
Zstatistic = (51 - 37) ÷ (7 / 1)
Zstatistic = 14 ÷ 7
Zstatistic = 2
Obtaining p value from Zstatistic using the p value calculator ;
Zscore = 2 ; 2-tailed test, significance level = 0.05
P value = 0.0455
Zcritical at α = 0.05 for a 2 - tailed test = 1.96
0.0455 < 0.05
There is significant evidence that treatment will create effect on the subject. Hence We reject H0
