Author Question: The dual price for a constraint that compares funds used with funds available is .058 . This means ... (Read 129 times)

newyorker26 · **on:** Jun 24, 2018

The dual price for a constraint that compares funds used with funds available is .058 . This means that
a. the cost of additional funds is 5.8.
b. if more funds can be obtained at a rate of 5.5, some should be.
c. no more funds are needed.
d. the objective was to minimize.

Question 2

A random sample of 100 people was taken. Eighty of the people in the sample favored Candidate A. We are interested in determining whether or not the proportion of the population in favor of Candidate A is significantly more than 75. The test statistic is _____.
a. .80
b. .05
c. 1.25
d. 2.00