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As a quick check to determine whether the mean nicotine content per cigarette μ of the Dy2Soon brand is greater than the advertised value of 1.5milligrams, a health advocacy group selects a random sample of 10 Dy2Soon cigarettes and uses the resulting nicotine content data to test
H0: μ = 1.5
Ha: μ > 1.5
The calculated value of the test statistic is t = 1.98.
Question 1. Is the result significant at the 5% level (that is, α = .05)? (Don't guess; only 1 submission allowed).
Yes or No
Question 2. Is the result significant at the 1% level (that is, α = .01)? (Don't guess; only 1 submission allowed).
What type of risk behavior does the person exhibit who is willing to pay $5 for the chance to bet $60 on a game where 20% of the time the bet returns $100, and 80% of the time returns $50? Explain
What order quantity would you advise and how much can they save using your recommendation instead of their one order per year strategy.
An increase in buyers' incomes
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If the interest rate is 5%, what is the implicit rental price of the warehouse?
The demand curve for the product of a monopolistically competitive firm
For each of the following factors that may affect market equilibrium in a specific labour market, describe which curve will be shifted and how this shift will affect wage rates: Regulation requiring that firms provide health insurance for their worke..
The earnings are expected to grow at 10% for 1 year and then 4% indefinitely. Given that the required rate=13%. What is the market price?
Applying the principle of Caesar cipher, where k takes on a value in the range 1 to 25.The decryption algorithm is p = D(k, C) = (C - k) mod 26. Decrypt the following ciphertext. PHHW PH DIWHU WKH WRJD SDUWB.
q1. josephine makes 100 a day as a flower shop attendant. she takes off two days of work without pay to travel to
Commodore Candies produces a 3-pound box of chocolate that it sells for $6.75 to various retail outlets. Commodore’s output capacity for this product is 10,000 units per month, with a one-shift operation, but it can produce more using overtime labor,..
If marginal cost is below average variable cost:
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