Answer:
in units: 18,900
in dollars: $ 41,013
Step-by-step explanation:
The break even point is the sales dollar amount or sales in unit at whichthe operating income of the firm equals to zero:
Where:
<em><u>Contribution margin:</u></em>
2.17 - 1.27 = 1 dollar per unit
Break even:
$18,900 fixed cost / $1 per unit = 18,900 units
Then, in sales:
18,900 x $2.17 each = 41.013
break even point:
Answer:
Step-by-step explanation:
Hello!
To test the claim that eating a healthy breakfast improves the performance of students on their test a math teacher randomly asked 46 students what did they have for breakfast before they took the final exam and classified them as:
<u>Group 1</u>: Ate healthy breakfast
X₁: Number of students that ate a healthy breakfast before the exam and earned 80% or higher.
n₁= 26
<u>Group 2: </u>Did not eat healthy breakfast
X₂: Number of students that did not eat a healthy breakfast before the exam and earned 80% or higher.
n₂= 20
After the test she counted the number of students that got 80% or more in the test for each group obtaining the following sample proportions:
p'₁= 0.50
p'₂= 0.40
The parameters of study are the population proportions, if the claim is true then p₁ > p₂
And you can determine the hypotheses as
H₀: p₁ ≤ p₂
H₁: p₁ > p₂
α: 0.05
≈N(0;1)
pooled sample proportion:
p-value: 0.2514
The decision rule is:
If p-value ≤ α, reject the null hypothesis.
If p-value > α, do not reject the null hypothesis.
The p-value: 0.2514 is greater than the significance level 0.05, the test is not significant.
At a 5% significance level you can conclude that the population proportion of math students that obtained at least 80% in the test and had a healthy breakfast is equal or less than the population proportion of math students that obtained at least 80% in the test and didn't have a healthy breakfast.
So having a healthy breakfast doesn't seem to improve the grades of students.
I hope this helps!