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Question 3 of 28
05056E
B85B9..
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IMG_90
The accompanying table contains the individual demand schedules of dark chocolate for Vanessa and Angela. Assuming
they are the only people in the market for dark chocolate, place each of their individual demand curves and the market
demand curve at the correct locations on the accompanying graph.
Price of dark
Pounds of dark chocolate Pounds of dark chocolate
chocolate
demanded by Vanessa
demanded by Angela
(per pound)
$8
1
3
%
IMG 90
00%
$1
3
5
orrect
0%
Market for Dark Chocolate
10
0%
Vanessa
Angela
Market
9
0%
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The null and alternate hypotheses are: h0: μ1 ≤ μ2 h1: μ1 > μ2 a random sample of 22 items from the first population showed a mean of 113 and a standard deviation of 12. a sample of 16 items for the second population showed a mean of 99 and a standard deviation of 6. use the 0.01 significant level. find the degrees of freedom for unequal variance test. (round down your answer to the nearest whole number.) state the decision rule for 0.010 significance level. (round your answer to 3 decimal places.) compute the value of the test statistic. (round your answer to 3 decimal places.) what is your decision regarding the null hypothesis? use the 0.01 significance level.