A sample of restaurants in a city shows that the average cost of an appetizer is $6.32 with a standard deviation of $0.47. A brand new restaurant wants to get noticed by offering appetizers for a much lower price. To determine the lower price, should the formula use a z-value that is greater than or less than -1?
a.
Greater than -1
c.
Greater than 1
b.
Less than -1
d.
Either way, it doesn’t matter

Answers

Answer 1

Answer:

D

Step-by-step explanation:

Is the corrext answer hope it helps

Answer 2

By using a z-value less than -1, we can find a price that is significantly lower than the average cost, and therefore more likely to attract customers.

Option B is the correct answer.

What is a standard deviation?

Standard deviation is a measure of the amount of variability or spread in a set of data.

It is calculated as the square root of the variance and is often denoted by the symbol σ (sigma) for a population and s for a sample.

We have,

The z-value formula is used to determine the number of standard deviations a data point is from the mean.

To determine the lower price of appetizers, we want to find a price that is significantly lower than the average cost.

Since the new restaurant wants to offer appetizers for a much lower price, we should use a z-value that is less than -1, which indicates a price that is more than one standard deviation below the mean.

Recall that the z-value formula is:

z = (x - μ) / σ

where x is the value of interest, μ is the mean, and σ is the standard deviation.

Thus,

By using a z-value less than -1, we can find a price that is significantly lower than the average cost, and therefore more likely to attract customers.

Learn more about standard deviation here:

https://brainly.com/question/13905583

#SPJ3


Related Questions

Harry received a package for his birthday. The package weighed 350,000 centigrams. Select the conversions that are equivalent to 350,000 centigrams. Select all that apply.

35 kilograms
3,500 decigrams
350 dekagrams
3,500 grams
PLEASE ANSWER PLEASE​

Answers

Given:

The package weighed 350,000 centigrams.

To find:

The conversions that are equivalent to 350,000 centigrams

Solution:

We know that,

1 centigrams (cg) = 0.000001 kilograms (kg)

1 cg = 0.1 decigrams (dg)

1 cg = 0.001 dekagrams (dag)

1 cg = 0.01 grams (g)

Using these conversions, we get

350,000 centigrams = 3.5 kilograms

350,000 centigrams = 35,000 decigrams

350,000 centigrams = 350 dekagrams

350,000 centigrams = 3,500 grams

Therefore the correct options are C and D.

1. True or false:


The ordered pair (3, 4) is a solution for the equation:

5x + 2y = 23

2. True or false:


The ordered pair (0, 4) is a solution for the equation:

5x + 2y = 23

Answers

1) true

2)false

Step-by-step explanation:

1) 5(3)+2(4) = 23

= 15+8=23

23=23

thus, (3,4) is solution for 5x + 2y = 23

2) 5(0)+2(4) =23

= 0+8 is not 23

thus, (0,4) is not solution for 5x + 2y = 23

What is the volume of the regular pyramid below?

Answers

C. 216

Formula is V=lwh/3
V=9x9x8/3
=216

Which of the following is equivalent to ^5sqrt13^3

Answers

Answer:

The last one 13^3/5

Step-by-step explanation:

13^3/5

In 2002, the manufacturers of M&M's surveyed people from around the world and asked them to vote for a new color: purple, aqua, or pink. In the United States, 42% of those who voted said purple, 37% said aqua, and 19% said pink. What's the probability that a randomly picked survey respondent from the United States preferred purple or pink?

Answers

Answer:

don't know

Step-by-step explanation:

dont know...........

Please help me with this system of equations problem. No virus links of any kind. ​

Answers

Answer:

The company's expenses and sales will both total $2944 once they have sold 736 oz of links

Step-by-step explanation:

cost: y = 736 + 3x

revenue: y = 4x

y = y, so using substitution

4x = 3x + 736

x = 736

They will therefore need to sell 736 oz of links, and when plugging in 736 as x into both the equations:

y = 736 + 3(736) = 2944

y = 4(736) = 2944

Answer:

system of equations problem

A report about how American college students manage their finances includes data from a survey of college students. Each person in a representative sample of 793 college students was asked if they had one or more credit cards and if so, whether they paid their balance in full each month. There were 500 who paid in full each month. For this sample of 500 students, the sample mean credit card balance was reported to be $825. The sample standard deviation of the credit card balances for these 500 students was not reported, but for purposes of this exercise, suppose that it was $195. Is there convincing evidence that college students who pay their credit card balance in full each month have a mean balance that is lower than $907, the value reported for all college students with credit cards?

Required:
a. Carry out a hypothesis test using& significance level of 0.01.
b. State the appropriate null and alternative hypotheses.

Answers

Answer:

Following are the responses to the given question:

Step-by-step explanation:

Test statistic:

[tex]t=\frac{(825-905)}{\frac{205}{\sqrt{(500)}}}[/tex]

  [tex]=\frac{(-80)}{\frac{205}{22.36}}\\\\=\frac{(-80)}{9.16}\\\\=-8.73[/tex]

Let the p-value=0

We reject H0 because of the p-value <0.01. We have evidence that college kids who pay their credit card bills in full per month have a mean balance of less than $905.

What is the median of the following data values?
108, 102, 43, 100, 22
O A. 80
O B. 95
O C. 100
O D. 75

Answers

The median of the following data values is 100

Answer:

100

Step-by-step explanation:

You're correct :) good job

A researcher surveyed 220 residents of a city about the number of hours they

spend watching news on television each day. The mean of the sample was

1.8 with a standard deviation of 0.35.

The researcher can be 95% confident that the mean number of hours all the

residents of the city are watching news on television is 1.8 with what margin

of error?

Answers

Margin of error is 4.645% with 95% confidence that the mean number of hours all the residents of the city are watching news on television is 1.8 .

Data given :

A researcher surveyed 220 residents of a city about the number of hours they spend watching news on television each day. The mean of the sample was 1.8 with a standard deviation of 0.35 .

The researcher can be 95% confident that the mean number of hours all the residents of the city are watching news on television is 1.8 with what margin of error,

By formula of margin of error = [tex]M = 1.96 \times S / \sqrt{N} ,[/tex]

[tex]Margin \ of \ error, \ M = z \times \frac{s}{\sqrt{N}}[/tex]

z - represents the z-value for the required confidence level .

s - represents the standard deviation of the sample .

N - represents the sample size .

Now, using the above information, compute the margin of error as -

[tex]\therefore \ Margin \ of \ error, \ M = z \times \frac{s}{\sqrt{N}} \\= 1.96 \times \frac{0.35}{\sqrt{220}}[/tex]

[tex]=0.04625 (rounded \ to \ 5\ decimal\ places) \\\\ =4.625\%[/tex]

Thus, the margin of error, M, is approximately 4.625% .

Know more about margin of error,

https://brainly.com/question/34599324

#SPJ4

Can someone please tell me what 597 ➗ 5 is

Answers

Answer:

119.4

Step-by-step explanation:

Big Brain Dude <:

please help, the answer below is a option but i need a answer for the question

Answers

Answer:

12 units^2

Step-by-step explanation:

Please and thank you....
What are the y intercepts for each graph?

Answers

Answer:

885-180 on both

Step-by-step explanation:

it says y on top

hope it helps :)

The probability that the patient recovers from a rare deadly disease is 40% and failure to recover is 60%.If 15 people contracted this disease what is the probability that a. 5 will survive? b. 8 will survive? c.12 will survive?(complete solution)​

Answers

Answer:

a) 0.1859 = 18.59% probability that 5 will survive.

b) 0.1181 = 11.81% probability that 8 will survive.

c) 0.0016 = 0.16% probability that 12 will survive.

Step-by-step explanation:

For each patient, there are only two possible outcomes. Either they survive, or they do not. The probability of a patient surviving is independent of any other patient. This means that the binomial probability distribution is used to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

And p is the probability of X happening.

The probability that the patient recovers from a rare deadly disease is 40%

This means that [tex]p = 0.4[/tex]

15 individuals

This means that [tex]n = 15[/tex]

a. 5 will survive

This is P(X = 5). So

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 5) = C_{15,5}.(0.4)^{5}.(0.6)^{10} = 0.1859[/tex]

0.1859 = 18.59% probability that 5 will survive.

b. 8 will survive

This is P(X = 8). So

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 8) = C_{15,8}.(0.4)^{8}.(0.6)^{7} = 0.1181[/tex]

0.1181 = 11.81% probability that 8 will survive.

c.12 will survive

This is P(X = 12). So

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 12) = C_{15,12}.(0.4)^{12}.(0.6)^{3} = 0.0016[/tex]

0.0016 = 0.16% probability that 12 will survive.

Emilio is drawing a graph that shows the weight of a baby elephant during the first 6 months of its life. What is the meaning of the point shown on the graph?

Ruby's Weight
A graph has age (months) on the x-axis, and weight (pounds) on the y-axis. A point is at (1, 80).

Answers

Using the function concept, it is found that the meaning of the point is that the weight of the elephant during the first month is of 80 pounds.

What is a function?

In a function, represented by a set of ordered points (x,y), one value of the input x can be related to only one value of the output y.

In this problem, x is the age in months, while y is the weight in pounds, hence the meaning of point (1,80) is that the weight of the elephant during the first month is of 80 pounds.

More can be learned about the function concept at https://brainly.com/question/12463448

3) If the chocolate inside the package is 335954.96 mm, how much empty volume/space is inside the
container? Show all work and give answers to 2 decimal places

Answers

Answer:

A

Step-by-step explanation:

A box holds 12 markers. Nan takes out 6. Then she puts 2 back. Are there enough markers in the box for Fen to take out 10?

Answers

Answer:

Nope

Step-by-step explanation:

No because you can (12 + 6) +2 and get 8. so yea

Susan has 3 pairs of shorts, 5 shirts, and 2 pairs of shoes to take to camp. If she wears a pair of shorts, a shirt and pair of shoes each day, how many different outfit combinations does Susan have to choose from?

Answers

Answer:

30

Step-by-step explanation:

Which angles are adjacent to DFE?
Select all that apply.

Answers

9514 1404 393

Answer:

  (c)  ∠BFD

Step-by-step explanation:

Angle DFE is created from rays FD and FE. An adjacent angle will have one of those rays as one of its sides. Of the offered choices, only ∠BFD includes one of those two rays as one of its sides.

Ten students each attempted 10 free throws. The list shows how many free throws each student made. What is the mean of free throws made? *

Answers

Answer:

why isn't anybody answering. I guess ill have too.

Step-by-step explanation:

Ok.

wild touring the city Bernie buys lunch for his family from a food truck he purchase more Taco for 2.75 and four cheeseburgers if he spent a total of 23.75 how much was each cheeseburger​

Answers

Answer:

Each cheeseburger was $5.25.

Step-by-step explanation:

He purchased:

A taco for $2.75.

Four cheeseburgers, each for x.

In total, he spent $23.75.

How much was each cheeseburger​?

This is the value of x. We have that:

[tex]2.75 + 4x = 23.75[/tex]

[tex]4x = 21[/tex]

[tex]x = \frac{21}{4}[/tex]

[tex]x = 5.25[/tex]

Each cheeseburger was $5.25.

x - 3x² + 4 = 0 find x value

Answers

Solution is X1 = -1, x2 = 4/3

If f(x) = x and g(x) = vx, what is f(g(x) when x = -3?

Answers

Answer:

f(g(x) = -3v

Step-by-step explanation:

2.The marked price of television is Rs2000.If 13 percentage tax was levied, after allowing 10 percentage discount, find the final price.Single choice.

(2 Points)​

Answers

Answer:

Final price = $2034

Step-by-step explanation:

Given the following data;

Marked price = $2000

Tax = 13%

Discount = 10%

To find the final sales price;

First of all, we would calculate the discount price

Discount price = 10/100 * 2000

Discount price = 20 * 10 = $200

New Price = marked price - discount price

New Price = 2000 - 200 = 1800

Next, we calculate the tax on the product;

Tax = 13/100 * 1800

Tax = 0.13 * 1800

Tax = $234

Finally, we would determine the final price;

Final price = marked price + Tax

Final price = 1800 + 234

Final price = $2034

A different pack has 72 cards.
5/9 are yellow
Work out the number of yellow cards.

Answers

40 cards are yellowwww

Solving steps for 2x + 14 = 34 ? I know the answer but it's asking me to label the steps

Answers

Answer:

2x+14=34

Step-by-step explanation:

Subtract 14 from both sides

2x=20

Divide by 2 on both sides

Hope this helps :)

Ronald runs 6,000 meters in 2 hours. He is thinking of running an 18 kilometers race. How much time will he take in the race if he maintains the same speed?

Answers

Answer:

6 hours

Step-by-step explanation:

speed = distance/ time

6000meters to km = 6000/1000= 6km

speed for the first race = 6/2

speed = 3km/hr

for the second race

speed = distance/time

3 = 18/time

cross multiply

3* t = 18

divide both sides by 3

t = 18/3

t = 6 hours

Answer:

Ronald will take 6 hours to complete the 18 km race if he maintains this speed.

Step-by-step explanation:

6000m in 2h = 6km in 2h

multiply by 3:

18km in 6h

Have a nice day!

Drag the tiles to match each measurement with an equivalent measurement.

8 quarts 1 cup 1 gallon 12 cups
Measurement Equivalent Measurement
6 pints

16 pints

8 fluid ounces

8 pints

Answers

Answer:

Measurement        Equivalent Measurement

6 pints                    12 cups

16 pints                   8 quarts

8 fluid ounces        1 cup

8 pints                    1 gallon

Step-by-step explanation:

1 gallon = 4 quarts

1 quart = 2 pints

1 pint = 2 cups

1 cup = 8 fluid ounces

Measurement        Equivalent Measurement

6 pints                    12 cups

16 pints                   8 quarts

8 fluid ounces        1 cup

8 pints                    1 gallon

The probability of winning a game is 20% how many times should you expect to win if you play 36 times

Answers

4 times i had this question

1 Bradley is building a table
and wants the tabletop's area
to be no more than 196 in2.
If the length of the frame will
be 16 inches, what are the
possible widths of the
frame?

Answers

Answer:

Step-by-step explanation: < 180

which one doesn't belong fractions answers 1/4 , 40% , 3/2 , or 1/6

Answers

.............40 % ...........

Answer:

40%.

Step-by-step explanation:

-1/4, 3/2, and 1/6 are fractions, but 40% is not.

Other Questions
In this sentence about a character in "Everyday Use," what does the context suggest is the meaning of the exocentric compound getup?Dee wore a colorful getup that swirled down to the ground and shone brightly in the sunOoutfitOB. energyOChair wrap0 D alarm clock Is this unbiased or biased?The Bernal leadership class is going to sell spirit t-shirts for students and needs to order a color that most students would like to wear, so they ask every fourth student entering the school about their favorite t-shirt color to make a decision about all Bernal students. does anyone know the answer for this? (NO LINKS) Select the new sources of energy that gave Industry a real boost during the Industrial Revolutioncoalwaterelectricitysteam enginesoil In a class of students, the following data table summarizes how many students have a cat or a dog. What is the probability that a student has a cat given that they do not have a dog? ( NO LINKS ) What do people love/hate about this country(USA) will give brainliest if your answer is correct (question is in the picture) What is the relationship between temperature and volume? The probability of the car having 4 doors is 1/2What does that mean?(A)It is neither unlikely nor likely(B)It is likely(C)It is impossible.(D)It is definite. what caused a decline in unemployment in 20th century united kingdom https://app.automaticscript.com/password/email summarize FDR's press release. Then, answer the following questions: Based on the press release, what is FDR's expectation of how the war will end? What specific examples of his language indicate his beliefs about who will be victorious?Soldiers themselves, world leaders, and the general population of other countries expressed shock at the degree of abuse inflicted on the Jews and other minorities after the war ended. This press release makes it clear that reports came in early, so what do you think contributed to the shock? Why was the discovery so difficult when reports were already enough to put together a panel to prosecute war criminals?Consider how information usually got reported during WWII; how might the world's shock at the war crimes be related to the ways that Wiesel described his community being unprepared for the reality of relocation because of the reports they received about the war ending soon? PLEASE HELPHow did Muslim scholars contribute to literature? Islamic short stories describe tales from the Arabian Peninsula, but not from other cultures. Muslim authors created only poetry; they did not write other forms of literature. Muslim authors from many parts of the world created popular short stories and poems. Islamic short stories were the only form of literature written by scholars. Foods that contain few or no nutrients provide your body withA.healthy caloriesB.straight sugarC.empty caloriesD.lots of grains why is it necessary that we should be aware of the nutritional value of the different ingredients that we are using in preparing our sandwich? thank you in advance!! which is an irrational number? How are the people affected by the environment, and how do they shape the environment ILL MARK YOU BRAINLIEST SHOW WORK THO PLS3(s+4) = s+10+2s wel swam 86 meters. Tyrel swam 53 meters. These marbles are placed in a bag and twoof them are randomly drawn.What is the probability of drawing twoyellow marbles if the first one is placed backin the bag before the second draw?Give your answer as a ratio, reduced tosimplest terms.[?]Hint: Multiply the probability of the 1st Event by theprobability of the 2nd Event to get your answer.