2. the station manager thinks the station doesn't play 10 songs per hour, but he doesn't know whether the station plays more or less than 10 songs per hour. a. what are the null and alternative hypotheses for this test? (2 points) b. what test will you use to evaluate the alternative hypothesis? what are the conditions of this test and are they met in this situation? (2 points) c. calculate your test statistic and p-value. show your work. (2 points) d. what's your critical t value and what's your conclusion at  = .05? compare the critical t value and the p-value to those from the test from question

Upscale hotels in the united states recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. a survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the internet and the telephone, to transact business. assume a company's budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. graphically illustrate how a 20 percent decline in the price of business travel would impact this company's budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. is the company allocating resources efficiently? explain.

In mexico, many garment or sewing shops found they could entice many young people to work for them if they offered clean, air conditioned work areas with high-quality locker rooms to clean up in after the work day. typically, traditional garment shops had to offer to get workers to apply for the hard, repetitive, and somewhat dangerous work. a. benchmark competitive wages b. compensating differentials c. monopoly wages d. wages based on human capital development of each employee

How many months does the federal budget usually take to prepare