1 answer:
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Answer:
The company must sell at least 2 shirts to break even.
Step-by-step explanation:
Cost:
The cost is given by the following equation:
Revenue:
The revenue is given by the following equation:
How many t shirts must the company sell to break even?
Breakeven point is when the revenue is the same as the costs. So
Multiplying everything by 3
Since you cant make a decimal value of shirts
The company must sell at least 2 shirts to break even.
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Answer:
p=0.063
Step-by-step explanation:
Let X be number of the certain brand of jelly beans that are made so that each package contains about the same number of beans.
X is N(375, 8)
YOu are collecting a sample size of
n = 8
Findings from the sample
(Left tailed test at 5% level)
Since sample size is small though sigma is known we use Z test, since norm
Mean difference = -5
Std error =
Test statistic t = mean diference / std error =
df = n-1 =5
p value = 0.063