Mathematics, 13.04.2021 04:00 bacchus2847
You and a group of friends wish to start a company. You have an idea, and you are comparing startup incubators to apply to. (Start up incubators hold classes and help startups to contact venture capitalists and network with one another) Assume funding is normally distributed. Incubator A has a 70% success ratio getting companies to survive at least 4 years from inception. The average venture funding of the 28 companies reaching that 4 year mark, is 1.3 million dollars with a standard deviation of 0.6 million Incubator B has a 40% success ratio getting companies to survive at least 4 years from inception. The average venture funding of the 20 companies reaching that 4 year mark, is 1.9 million dollars with a standard deviation of 0.55 million
Required:
a. Are the success ratios significantly different? (use α=0.01)
b. Are the assumptions met?
c. Is the average funding in incubator B significantly different? (use α=0.01)
Answers: 3
Mathematics, 21.06.2019 17:30
The manufacturer of a new product developed the following expression to predict the monthly profit, in thousands of dollars, from sales of the productwhen it is sold at a unit price of x dollars.-0.5x^2 + 22x - 224what is represented by the zero(s) of the expression? a.the profit when the unit price is equal to 0b.the unit price(s) when the profit is equal to 0c.the profit when the unit price is greatestd.the unit price(s) when profit is greatest
Answers: 3
Mathematics, 21.06.2019 18:00
What set does not contain -3 the set of all real numbers the set of all integers the set of all whole numbers the set of all rational numbers
Answers: 1
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