This question has several parts that must be completed sequentially. if you skip a part of the question, you will not receive any points for the skipped part, and you will not be able to come back to the skipped part. tutorial exercise suppose the revenue (in dollars) from the sale of x units of a product is given by + 60x 2x + 2 find the marginal revenue when 28 units are sold. interpret your result.

Acell phone company offers two plans to its subscribers. at the time new subscribers sign up, they are asked to provide some demographic information. the mean yearly income for a sample of 40 subscribers to plan a is $45,000 with a standard deviation of $9,200. for a sample of 25 subscribers to plan b, the mean income is $64,300 with a standard deviation of $7,100. at the 0.025 significance level, is it reasonable to conclude the mean income of those selecting plan b is larger? assume unequal population standard deviations. hint: for the calculations, assume the plan a as the first sample. what is the decision rule? (negative amount should be indicated by a minus sign. round your answer to 3 decimal places.) compute the value of the test statistic. (negative amount should be indicated by a minus sign. round your answer to 2 decimal places.) what is your decision regarding h0 ? reject h0 fail to reject h0 compute the p-value. less than 0.01 between 0.01 and 0.025 between 0.025 and 0.05 between 0.05 and 0.10 greater than 0.10