2b+y is this an equation?
1 answer:
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Answer:
The null hypothesis is:
The alternative hypothesis is:
Step-by-step explanation:
At the null hypothesis, we test if the mean is equal to a certain value.
At the alternate hypothesis, we test if the mean is less than, more than, or different from the value tested at the null hypothesis.
The tuft bind strength of a synthetic material used to make carpets is known to have a mean of 100 lb and standard deviation of 20 lb.
This means that the null hypothesis is:
Could it be that the average tuft strength is above 100 lb?
The world above means that the appropriate alternative hypothesis is:
Answer:
The equation that models this scenario
Step-by-step explanation:
First we convert 50 cent into dollar,
1 cent = dollar
1 cent = 0.01 dollar
50 cent = 0.5 dollar
According to question,
x is the number of 50¢=$0.5 price increases.
b(x) is the revenue generated
He currently charges $3 per book.
i.e. price of book = 3+0.5x
Quantity or average = 38 per day
According to a study, for every 50¢ increase in rental price, the average business can expect to lose 4 rentals a day.
i.e. quantity became 38-4x
Revenue = Price × Quantity
The required equation is given by,