Break even point is where all the expense is already covered by the revenue. In this case, the expense would be the stand ($75,000) and the lemon+sugar+water ( $1.25 per glass). The revenue comes from lemonade($30/glass). Then the equation would be:
$30 * glass of lemonade= $75,000 + $1.25 * glass of lemonade
($30-$1.25) * glass of lemonade= $75,000
glass of lemonade= 2608.7
Answer:
Here we have given two catogaries as degree holder and non degree holder.
So here we have to test the hypothesis that,
H0 : p1 = p2 Vs H1 : p1 not= p2
where p1 is population proportion of degree holder.
p2 is population proportion of non degree holder.
Assume alpha = level of significance = 5% = 0.05
The test is two tailed.
Here test statistic follows standard normal distribution.
The test statistic is,
Z = (p1^ - p2^) / SE
where SE = sqrt[(p^*q^)/n1 + (p^*q^)/n2]
p1^ = x1/n1
p2^ = x2/n2
p^ = (x1+x2) / (n1+n2)
This we can done in TI_83 calculator.
steps :
STAT --> TESTS --> 6:2-PropZTest --> ENTER --> Input all the values --> select alternative "not= P2" --> ENTER --> Calculate --> ENTER
Test statistic Z = 1.60
P-value = 0.1090
P-value > alpha
Fail to reject H0 or accept H0 at 5% level of significance.
Conclusion : There is not sufficient evidence to say that the percent of correct answers is significantly different between degree holders and non-degree holders.
Answer:
Step-by-step explanation:
As shown in the figure attached Jaxon is 10 blocks east and 5 blocks north.
So x-coordinates of Jaxon will be 10 units and y-coordinates will be 5 units.
and coordinates will be (10,5)
Similarly coordinates of Isaac will be defined by his distance towards west and distance towards south.
So x-coordinates will be 8 units and y-coordinates will be 15 units.
Therefore, coordinates of Isaac will be (-8,-15).
Answer:
3.375
Step-by-step explanation:
(3/5)^3 / (2/5)^3 = 3.375
