You would pay 17.85
18.99×6%
Answer:
Null Hypothesis: H0:μ ≤ 16.8
Alternative Hypothesis: Ha: μ > 16.8
Step-by-step explanation:
We are told that affer testing the hypothesis (at the 5% level of significance), that the average price-earnings ratio increased from the past value of 16.8.
It means that the past value was not more than 16.8.
This follows that the null hypothesis is given as;
H0:μ ≤ 16.8
And since it has been discovered that the ratio increased from the past value of 16.8, the alternative hypothesis is;
Ha: μ > 16.8
Jenna has $43 and Heidi has $17.
Step-by-step explanation:
Total amount = $60
Let,
Amount of Jenna = x
Amount of Heidi = y
According to given statement;
x+y=60 Eqn 1
x=2y+9 Eqn 2
Putting value of Eqn 2 in Eqn 1;

Dividing both sides by 3,

Putting y=17 in Eqn 2

Jenna has $43 and Heidi has $17.
Keywords: linear equations, substitution method
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