Two well-known aviation training schools are being compared using random samples of their graduates. It is found that 70 of 140 graduates of Fly-More Academy passed their FAA exams on the first try, compared with 104 of 260 graduates of Blue Yonder Institute. a. To compare the pass rates, what would be the pooled proportion?b. What is the test statistic?c. Find the critical value for a right-tailed test at ? = .05.d. Find the p-value. e. What is your decision regarding the null hypothesis?

7

step-by-step explanation:

step-by-step explanation:

let's assume

number of candles set =x

price of of x candles =p(x)

we are given

a candle maker prices one set of scented candles at $10 and sells an average of 200 sets each week

so, we get point as (200,10)

he finds that when he reduces the price by $1, he then sells 50 more candle sets each week

so, we can find slope

now, we can use point slope form of line

now, we can plug values

we can use point

and find b

now, we can plug it back

and we get

now, we can find revenue

we know that

revenue = price*quantity

so, we get