Suppose that you are considering opening a business in a new town….

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Question Answered step-by-step Suppose that you are considering opening a business in a new town…. Suppose that you are considering opening a business in a new town. You need to earn total revenue greater than $100,000 per year to make the business viable. You collect data from 100 businesses in the region and estimate the average total revenue is $90,000 and the standard deviation of total revenue is $5,000. a. Write the null and alternative hypotheses for your inquiry. [answer]b. Calculate the appropriate test statistic for your inquiry.  [answer]c. Identify the critical values for your test for a 10%, 5%, and 1% rejection region. Can you reject the null hypothesis with a 10% rejection region? A 5% rejection region? A 1% rejection region? [answer]   Math Statistics and Probability ECON BU773 BU773OA Share QuestionEmailCopy link Comments (0)

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Question Answered step-by-step An IV of 250 mL NS is ordered to infuse in 5 hr. Drop​ Factor:  10​gtt/mL. The IV was started at 0740. At 1010 you notice that there are 150 mL remaining.  You can tell that the IV is not running on schedule because the bag has been labeled.Calculate the ordered​ gtt/min rate for this IV ------​gtt/min. Find the new​ gtt/min rate so that the IV will finish on time.----​gtt/minWhat percent change is​ this?​%Round to the nearest tenth of a percent.Based on the protocol learned in class . . . if the percent change is within​ 25%, the nurse should Change the rate to have the IV finish on timeConsult the prescriberDo​ nothing, it is only off by a little bitRemove all IV infusions for this patient and start over  2.An IV of 500 mL of​ 0.9% NS is to infuse in 6 hr. The tubing has a drop factor of10​gtt/mL.  The IV was stared at 7 am. You check the IV at​ 8:30 am and 250 mL has infused. What​ gtt/min rate should the IV have been set at based on the​ order?  What​ gtt/min rate should you change to at​ 8:30 am to have the IV finish on​ time?What is the percent​ change?  ​ (Round to the nearest tenth of a​ percent)Based on the protocol that we learned in​ class, the nurse should Make no changes because it is off by just a littleStop all IV infusions because they are not infusing correctlyConsult with the prescriber before adjusting the rateAdjust the IV rate to have it finish on time                Health Science Science Nursing MATH 150 Share QuestionEmailCopy link Comments (0)
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