Author Question: Jeff sells the New York Times Sunday newspaper at a city corner near several churches. He sells each ... (Read 178 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
Jeff sells the New York Times Sunday newspaper at a city corner near several churches. He sells each newspaper for 6.50 after purchasing them for 4.00. Any unsold newspaper can be returned to the New York Times for a 0.75 credit.
 
  Jeff expects demand on Sunday to be 75, 100, 125, or 150 newspapers and would like to order one of these four quantities from the New York Times. If Jeff orders 150 papers from the New York Times and the Sunday demand is for 100 papers, profit will be _________.A) 56.00
  B) 87.50
  C) 250.00
  D) 312.50

Question 2

The following data represent a random sample the golf scores for a particular golfer from a course that he regularly plays.
 
  84 82 72 86 83 82 89 80 94 84 85 85
  89 87 92 88 94 87 86 84 89 84 87 89
  96 72 88 89 79 90 76 86 87 89 96
 
  This golfer would like to test if his golf scores at this course follow the normal probability distribution with  = 85.0 and  = 5.0 using  = 0.05. The test statistic for this sample is ________.
  A) 2.213
  B) 2.655
  C) 6.570
  D) 8.069


abctaiwan

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

For a complete list of videos, visit our video library