Then make up a word problem that you can use decimals in.
x y
1 290
2 280
3 270
4 260
5 250
6 240
7 230
8 220
9 210
10 200
11 90
12 180
13 170
14 160
15 150
16 140
17 130
18 120
19 110
20 100
21 90
22 80
23 70
24 60
25 50
26 40
27 30
28 20
29 10
30 0
Economic Order Quantity
The economic order quantity, that is, the order quantity that minimizes the inventory cost is:
300 cases of tennis balls
Data and Calculations:
Sales of tennis balls for the coming year = 10,000 units
Carrying (holding) costs per case = $10
Cost of placing orders with the manufacturer = $45 per order
Economic Order Quantity (EOQ) = square root of (2 * Annual Demand/Sales * Ordering cost)/Carrying cost per case
= square root of (2 * 10,000 * $45)/$10
= square root of 90,000
= 300 tennis balls
This implies that the distributor will place about 33 orders in the coming year. With each order, the quantity placed is 300 units. This is the economic order quantity that will minimize its inventory cost for the year.
Answer:
<em>H₀</em>: <em>μ</em>₁ = <em>μ</em>₂ vs, <em>Hₐ</em>: <em>μ</em>₁ > <em>μ</em>₂.
Step-by-step explanation:
A two-sample <em>z</em>-test can be performed to determine whether the claim made by the owner of pier 1 is correct or not.
It is provided that the weights of fish caught from pier 1 and pier 2 are normally distributed with equal population standard deviations.
The hypothesis to test whether the average weights of the fish in pier 1 is more than pier 2 is as follows:
<em>H₀</em>: The weights of fish in pier 1 is same as the weights of fish in pier 2, i.e. <em>μ</em>₁ = <em>μ</em>₂.
<em>Hₐ</em>: The weights of fish in pier 1 is greater than the weights of fish in pier 2, i.e. <em>μ</em>₁ > <em>μ</em>₂.
The significance level of the test is:
<em>α</em> = 0.05.
The test is defined as:

The decision rule for the test is:
If the <em>p</em>-value of the test is less than the significance level of 0.05 then the null hypothesis will be rejected and vice-versa.
Answer:
Step-by-step explanation:
Part A: The point labeled R is called the outlier and the group of points labeled are called the nonlinear positive association.
Part B: When the students practiced for more hours can play more pieces.
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