A company makes two products from steel; one requires 2 tons of steel and the other requires 3 tons. There are 100 tons of steel available daily. A constraint on daily production could be written as: 2x1 + 3x2 100.
Indicate whether the statement is true or false
Question 2
In order to determine the average price of hotel rooms in Atlanta, a sample of 64 hotels was selected. It was determined that the average price of the rooms in the sample was 112 . The population standard deviation is known to be 16 . Use a .05 level of significance and determine whether or not the average room price is significantly different from 108.50.
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