Dean Halverson recently read that full-time college students study 20 hours each week. She decides to do a study at her university to see if there is evidence that students study an average of more than 20 hours each week. A random sample of 35 students were asked to keep a diary of their activities over a period of several weeks. It was found that the average number of hours that the 35 students studied each week was 21.1 hours. The sample standard deviation of 4.3 hours.
Find the p-value.
The p-value should be rounded to 4-decimal places.

Answers

Answer 1

Answer:

0.0698

Step-by-step explanation:

Given :

Population mean, μ = 20

Sample mean, xbar = 21.1

Sample standard deviation, s = 4.3

Sample size, n = 35

The hypothesis :

H0 : μ = 20

H0 : μ > 20

The test statistic :

(xbar - μ) ÷ (s/√(n))

T = (21.1 - 20) ÷ (4.3/√(35))

T = 1.1 ÷ 0.7268326

Test statistic = 1.513

Using the Pvalue calculator :

df = n - 1 = 35 - 1 = 34

Pvalue(1.513, 34) = 0.06976

Pvalue = 0.0698 (4 decimal places)

Answer 2

The p-value is 0.0698 if rounded to 4-decimal places.

It is given that students study an average of more than 20 hours each week and the random sample of 35 students was asked to keep a diary of their activities over a period of several weeks.

The average number of hours that the 35 students was 21.1 hours.

The sample standard deviation is 4.3 hours.

It is required to find the p-value.

What is the standard deviation?

It is defined as the measure of data dispersement, It gives an idea about how much is the data spread out.

We can test the hypothesis using the Z test, the formula for the Z-test is given below:

[tex]\rm Z= \frac{(x-u)}{\frac{S}{\sqrt{n} } }[/tex]

Where x is the sample mean

            u is the population mean

            s is the standard deviation

            n is the sample size.

The hypothesis are: H0 : μ = 20  V/s  H1 : μ > 20

We have x = 21.1

               u = 20

               s = 4.3

               n = 35

Putting these values in the above formula, we get:

[tex]\rm Z= \frac{(21.1-20)}{\frac{4.3}{\sqrt{35} } }\\\\\rm Z= \frac{(1.1)}{\frac{4.3}{\sqrt{35} } }\\\\[/tex]

Z = 1.513

difference or df = n -1 ⇒ 35-1 ⇒ 34

P-value at (1.513, 34) =  0.06976  (From the p-value calculator)

P-value = 0.0698 (Rounded to 4-decimal places)

Thus, the p-value is 0.0698 if rounded to 4-decimal places.

Learn more about the standard deviation here:

brainly.com/question/12402189


Related Questions

Naomi invested $3,425 in an account that
pays 3% simple interest. what was the total
balance of the account after 15 years?

Answers

Answer:

$4,966.25

Step-by-step explanation:

3 x 15 = 45

After 15 years, Naomi would have earned a total of 45% interest rate.

3,425 x 1.45 = 4,966.25

Don't use .45 as the multiplier

3,425 x .45 = 1,541.25 <- incorrect

Answer: 4,966.25

Explanation: start by diving 3425 by .03 to get the amount of interest it is yearly giving you 102.75 and then multiply that by 15 since that’s the amount of years and get 1541.25 then add 3425 and 1541.25 together to get the final product of 4,966.25

The Laplace Transform of a function f(t), which is defined for all t > 0, is denoted by L{f(t)} and is defined by the improper integral L{f(t)}(s) = infinity 0 e-st.f(t)dt, as long as it converges. Laplace Transform is very useful in physics and engineering for solving certain linear ordinary differential equations. (Hint: think of as a fixed constant)
1. Find L{t}. (hint: remember integration by parts)
A. 1
B. -1/s2
C. 0
D. 1/s2
E. -s2
F. None of these
2. Find L{1}.
a.1/s
b. 1
c. 0
d. -s
e. -1/s
f. none of these

Answers

(1) D

[tex]L_s\left\{t\right\} = \displaystyle\int_0^\infty te^{-st}\,\mathrm dt[/tex]

Integrate by parts, taking

[tex]u = t \implies \mathrm du=\mathrm dt[/tex]

[tex]\mathrm dv = e^{-st}\,\mathrm dt \implies v=-\dfrac1se^{-st}[/tex]

Then

[tex]L_s\left\{t\right\} = \displaystyle \left[-\frac1ste^{-st}\right]\bigg|_{t=0}^{t\to\infty}+\frac1s\int_0^\infty e^{-st}\,\mathrm dt[/tex]

[tex]L_s\left\{t\right\} = \displaystyle \frac1s\int_0^\infty e^{-st}\,\mathrm dt[/tex]

[tex]L_s\left\{t\right\} = \displaystyle -\frac1{s^2}e^{-st}\bigg|_{t=0}^{t\to\infty}[/tex]

[tex]L_s\left\{t\right\} = \displaystyle \boxed{\frac1{s^2}}[/tex]

(2) A

[tex]L_s\left\{1\right\} = \displaystyle\int_0^\infty e^{-st}\,\mathrm dt[/tex]

[tex]L_s\left\{1\right\} = \displaystyle\left[-\frac1se^{-st}\right]\bigg|_{t=0}^{t\to\infty}[/tex]

[tex]L_s\left\{1\right\} = \displaystyle\boxed{\frac1s}[/tex]

3.06 as. a fraction PLEASE HELP​

Answers

Answer:

153/50

Step-by-step explanation:

3.06

Rewriting as

There are two numbers after the decimal so we put the number over 100

306/100

Divide top and bottom by 2

153/50

To write 3.06 as a fraction you have to write 3.06 as numerator and put 1 as the denominator. Now you multiply numerator and denominator by 10 as long as you get in numerator the whole number.

3.06 = 3.06/1 = 30.6/10 = 306/100

And finally we have:

3.06 as a fraction equals 306/100

5 less than three times a number is 37 what is the number​

Answers

Answer:

x = 14

General Formulas and Concepts:

Pre-Algebra

Equality Properties

Multiplication Property of Equality Division Property of Equality Addition Property of Equality Subtraction Property of Equality

Step-by-step explanation:

Step 1: Define

Identify

3x - 5 = 37

Step 2: Solve for x

[Addition Property of Equality] Add 5 on both sides:                                    3x = 42[Division Property of Equality] Divide 3 on both sides:                                 x = 14

A ball is thrown from an initial height of
1 meter with an initial upward velocity of
1 m/s. The ball's height h
(in meters) after t
seconds is given by the following. h=1+30t-5t^2
Find all values of t
for which the ball's height is 11
meters.

Round your answer(s) to the nearest hundredth.

Answers

Answer:

Step-by-step explanation:

If we are looking for the times that the ball was 11 meters off the ground, we sub in 11 for the height on the left and solve for t:

[tex]11=-5t^2+30t+1[/tex] and

[tex]0=-5t^2+30t-10[/tex] and factor this however it is you are factoring in class to solve for t to get

t = .35 seconds and t = 5.6 seconds

Because the ball reaches this point in its way up and then passes it again on its way down, the ball will have 2 times at this height.

Pls Help ASAP..................

Answers

Answer:

1. 8+(30/(2+4)) = 8+(30/6) = 8+5 = 13

2. ((8+30)/2)+4 = (38/2)+4 = 19+4 = 23

Step-by-step explanation:

:)

Answer:

Step-by-step explanation:

23:

(8 + 30) ÷ 2 + 4

13:

8 + 30 ÷ (2 + 4)

please give me the brainliest if u can

Thank you guys fir the help

Answers

9514 1404 393

Answer:

  A

Step-by-step explanation:

The function f(x) is required in the numerator, eliminating choices C and D.

The restriction is that function g cannot be zero, so we cannot have ...

  3x +2 = 0

  3x = -2

  x = -2/3 . . . . . eliminates choice B; confirms choice A

apter 3 If a driver uses of a tank of gas every day, what fraction of a tank will he use in a) 3 days? b) 1 week? 21​

Answers

You need to re copy and paste it, I can’t see the full possible answers/question.

One number is 6 less than a second number.
Twice the second number is 9 less than 5 times
the first. Find the two numbers.

Answers

Answer:

-7

Step-by-step explanation:

x = y - 6

2x = 5y - 9

Use the internet for full steps

x = -7

y = -1

Solve triangles: angle bisector theorem
DAC = BAD.
What is the length of CD?
Round to one decimal place.

Answers

Answer:

Step-by-step explanation:

CD/6.5 = 2.6/4.9    This is the result of the angle bisector theorem.

The theorem basically says that the side opposite the angle being bisected is divided  the ratio of the sides enclosing the angle.

Multiply both sides of the proportion by 6.5

CD = 2.6 * 6.5 / 4.9

CD = 3.4489

CD = 3.4 rounded.

What is the value of g(-4)?

Answers

Answer:

A

Step-by-step explanation:

(because -4 is equal to -4 and meets the condition of the top inequality, you plug in -4 into the top function)

[tex]g(-4)=\sqrt[3]{(-4)+5}\\\\g(-4)=\sqrt[3]{1} =1[/tex]

The value of g(-4) is A. 1

Drag each factor to the correct location on the image.
If p(1) = 3, p(-4) = 8, p(5) = 0, p(7) = 9, p(-10) = 1, and p(-12) = 0,
P(x).

Answers

Answer:

(x-7) and (x+12) are the factors and the rest are non factors...

I will give brainliest if you answer properly.

Answers

Answer:

See below

Step-by-step explanation:

a)

[tex]2\sin(x) +\sqrt{3} =0 \implies 2\sin(x)=-\sqrt{3} \implies \boxed{\sin(x)=-\dfrac{\sqrt{3}}{2} }[/tex]

[tex]\therefore x=\dfrac{4\pi }{3}[/tex]

But note, as sine does represent the [tex]y[/tex] value, [tex]\dfrac{5\pi }{3}[/tex] is also solution

Therefore,

[tex]x=\dfrac{4\pi }{3} \text{ and } x=\dfrac{5\pi }{3}[/tex]

This is the solution for [tex]x\in[0, 2\pi ][/tex], recall the unit circle.

Note: [tex]\sin(x)=-\dfrac{\sqrt{3}}{2} \implies \sin(x)=\sin \left(\pi +\dfrac{\pi }{3} \right)[/tex]

b)

[tex]\sqrt{3} \tan(x) + 1 =0 \implies \tan(x) = -\dfrac{1}{\sqrt{3} } \implies \boxed{ \tan(x) = -\dfrac{\sqrt{3} }{3} }[/tex]

Once

[tex]\tan(x) = -\dfrac{\sqrt{3} }{3} \implies \sin(x) = -\dfrac{1}{2} \text{ and } \cos(x) = \dfrac{\sqrt{3} }{2}[/tex]

As [tex]\tan(x) = \dfrac{\sin(x)}{\cos(x)}[/tex]

[tex]\therefore x=-\dfrac{\pi }{6}[/tex]

c)

[tex]4\sin^2(x) - 1 = 0 \implies \sin^2(x) = \dfrac{1}{4} \implies \boxed{\sin(x) = \pm \dfrac{\sqrt{1} }{\sqrt{4} } = \pm \dfrac{1}{2}}[/tex]

Therefore,

[tex]\sin(x)=\dfrac{1}{2} \implies x=\dfrac{\pi }{6} \text{ and } x=\dfrac{5\pi }{6}[/tex]

[tex]\sin(x)=-\dfrac{1}{2} \implies x=\dfrac{7\pi }{6} \text{ and } x=\dfrac{11\pi }{6}[/tex]

The solutions are

[tex]x=\dfrac{\pi }{6} \text{ and } x=\dfrac{5\pi }{6} \text{ and }x=\dfrac{7\pi }{6} \text{ and } x=\dfrac{11\pi }{6}[/tex]

I need help Plz help

Answers

2 Eyes =2*(1*1/2)/2 = 0.5ft^2
Nose = ((1+1/2)*1)/2 = 0.75^2
Mouth = 3*(1ft/2)/2= 0.75ft^2
Board = 2/2/3*3 =8ft^2
Area = 8-0.5-0.75-0.75 = 6ft^2

If 4 men working 4 hours for 4 days complete 4 units of work, then how many units of work will be completed by 2 men working for 2 hours per day in 2 days.​

Answers

bru what i’m confused

Answer:

16 days

Step-by-step explanation:

Here,

By the question,

4 men takes 4 days working each day 4 hours to complete 4 units of work..

then..

if 1 man works 1 hour each day then i would take ( 4×4×4 ) days

= 64days

then..

if 2 men work for 2 hours per day then.

it would take

4×4×4 / 2×2 days

= 16 days

What is the value of x when y equals 66?

y=0.985897x+0.194185

Answers

Answer:

x = 66.74715005725

Step-by-step explanation:

First you bring over the added variable. 0.194185, and subtract it from 66. Then you divide your difference by 0.985897. This gives you 66.74715005725

THIS IS NOT A TEST OR ASSESSMENT!! NO LINKS OR ANSWERING QUESTIONS YOU DON'T KNOW!!! PLEASE EXPLAIN!! Chapter 13


1. What is a conic ? How would you be able to model different conic sections at home(how would you slice a 3D shape to create the conic sections)?



2. How does the equation for the ellipse compare to the equation for a hyperbola? How can you determine the difference?


3. What is the difference between a vertex, a focus, and a directrix?

Answers

9514 1404 393

Explanation:

1.

A cone is a 3-dimensional object created by revolving a line about an axis that intersects that line. This figure is a "double-napped" cone. The point where the revolved line and the axis meet is the a.pex, or vertex, of the cone. Typically, we're concerned with a finite portion of the cone, from the vertex to a base that is a circle in a plane perpendicular to the axis.

A "conic" is a 2-dimensional figure that results from the intersection of a plane and a cone. There are four general categories, named according to the angle the plane makes with the axis and/or the side of the cone. These are illustrated in the attachment.

a circle - the plane of intersection is perpendicular to the axisan ellipse - the plane of intersection is at an angle between 90° and the angle of the side relative to the axis. Both an ellipse and a circle are closed figures.a parabola - the plane of intersection is at the same angle as the side of the cone. A parabola is a one-sided open figure.a hyperbola - The plane of intersection is at an angle between that of the side of the cone and the axis of the cone. The plane will intersect both parts of a double-napped cone producing a double-sided open figure.

Producing these at home can be an interesting project. A circle can be made using a compass.

An ellipse can be drawn using a pair of pins and a loop of string. The pins would be placed at the foci of the ellipse, and the string would constrain the drawing instrument (pen or pencil) to have a constant total distance to the two foci.

A parabola can be drawn on graph paper using coordinates derived from an equation for it. It can also be drawn using a compass and a set square by plotting points that are equidistant from the focus and a line that is called the directrix. If you have a physical cone-shaped object, you can cut it at an angle that will produce a parabola.

A hyperbola can be drawn on graph paper from an equation. It can also be drawn using a compass by plotting points that have a constant difference in their distance to the two foci, or by plotting points whose ratio of distance to focus and directrix is a constant. A physical cone-shaped object can be cut to produce a hyperbola.

__

2.

The general form equation for a conic is ...

  Ax² +Bxy +Cy² +Dx +Ey +F = 0

Usually, we're concerned with conics that have axes parallel to the coordinate axes, so B=0. The equation of an ellipse has A and C with the same sign. The equation of a hyperbola has A and C with opposite signs,

In standard form, the equations for figures centered at the origin are ...

ellipse: x²/a +y²/b = 1hyperbola: x²/a -y²/b = 1 (opens horizontally)hyperbola: y²/a -x²/b = 1 (opens vertically)

__

3.

The vertex of a conic is an extreme point on the (major) axis of the conic. The focus is a point used in the definition of the conic. The focus is "inside" the curve, on the axis of symmetry. The directrix is a line used in the definition of the conic. The directrix is "outside" the curve, perpendicular to the axis. The second attachment shows these for a parabola.

1->dương vô cùng 1/x*(9+lnx^2)dx

Answers

It looks like you are trying to compute the improper integral,

[tex]I = \displaystyle\int_1^\infty \dfrac{\mathrm dx}{x(9+\ln^2(x))}[/tex]

or some flavor of this. If this interpretation is correct, substitute u = ln(x) and du = dx/x. Then

[tex]I = \displaystyle\int_0^\infty \dfrac{\mathrm du}{9+u^2} \\\\ = \frac13\arctan\left(\frac u3\right)\bigg|_{u=0}^{u\to\infty} \\\\ = \frac13\lim_{u\to\infty}\arctan\left(\frac u3\right) \\\\ = \frac13\times\frac\pi2 = \boxed{\frac\pi6}[/tex]

Part E
1e. Subtract the binomial 12y2 – 4y3 from the trinomial 7y - 2y3 + 5y2

Answers

Answer:

2y^3-7y^2+7y

Step-by-step explanation:

7y - 2y^3 + 5y^2 - (  12y^2 – 4y^3)

Distribute the minus sign

7y - 2y^3 + 5y^2 - 12y^2 + 4y^3

Combine like terms

2y^3-7y^2+7y

If the lengths of the legs of a right triangle are 5 and 12, what is the length of the hypotenuse?

Answers

Answer:

13

Step-by-step explanation:

If we have a right triangle, we can use the Pythagorean theorem to find the hypotenuse

a^2+b^2 = c^2 where a and b are the legs and c is the hypotenuse

5^2 + 12^2 = c^2

25+144= c^2

169 = c^2

Take the square root of each side

sqrt(169) = sqrt(c^2)

13= c

Answer:

The length of the hypotenuse is 13.

Step-by-step explanation:

[tex]a^{2}[/tex] = [tex]b^2 + c^2[/tex]

[tex]a^2 = 12^2 + 5^2[/tex]

[tex]a^2 = 144 + 25[/tex]

[tex]a^2 = 169[/tex]

a=[tex]\sqrt{169}[/tex]

a= 13

Here we use the idea of the Pythagoras' theorem. Which suggests that [tex]a^{2}[/tex] = [tex]b^2 + c^2[/tex] in which  [tex]a^{2}[/tex] is the hypotenuse of the triangle and [tex]b^2[/tex] and [tex]c^{2}[/tex] are the two other lengths of the triangle.

HOPE THIS HELPED

Carmen Abdul and David sent a total of 78 text messages over their cell phones during the weekend . Abdul sent 10 fewer messages then Carmen . David sent two times as many messages as Abdul how many messages did they each send?

Answers

Answer:

Carmen:27

Abdul:17

David=34

Step-by-step explanation:

Carmen+Abdul+David = 78

Carmen-Abdul=10

David=2Abdul

Carmen=Abdul+10

Carmen+Abdul+David = Abdul+10+Abdul+2Abdul=78

4Abdul=68

Abdul = 68/4=17

Carmen = 17+10=27

David = 2 * 17 = 34

27+17+34=78

Samantha bought m candies at the store. There are n candies in a pound, and each pound costs c dollars. Write an expression for how much Samantha paid.

Answers

Answer:

total = m/n * c

m/n gives u the number of pounds u have bought, multplied by the cost of the candies per pound gives u the total amount of money she paid


If g(x)=x+1/x-2 and h(x) = 4 – x, what is the value of (9*h)(-3)?

Answers

9514 1404 393

Answer:

  (g·h)(-3) = 2.8

Step-by-step explanation:

Given:

  g(x) = (x +1)/(x -2)

  h(x) = 4 -x

Find:

  (g·h)(x) = g(x) × h(x)   for x = -3

Solution:

  g(-3) = (-3+1)/(-3-2) = -2/-5 = 2/5

  h(-3) = 4 -(-3) = 4 +3 = 7

Then the product is ...

  g(-3)·h(-3) = (2/5)(7) = 14/5 = 2.8

  (g·h)(-3) = 2.8

Question 3 of 10
What is the value of p?
V140
140°
90-
A. 50°
ООО
B. 90°
C. 60°
D. 40°

Answers

Answer:

A. 50º

Step-by-step explanation:

we are given the exterior angles 140º and 90º

exterior angles + corresponding interior angles = 180º

that means the two other angles of the triangle are:

180 - 140 = 40º

and

180 - 90 = 90º

the sum of interior angles in a triangle = 180

p = 180 - (40 + 90)

p = 180 - 130

p = 50º

Can you please help me

Answers

9514 1404 393

Answer:

  1/63

Step-by-step explanation:

There are various ways the question "how much larger" can be answered. Here, we choose to answer it by telling the difference between the two fractions:

  4/9 -3/7 = (4·7 -9·3)/(9·7) = 1/63

The larger fraction is 1/63 unit larger than the smaller fraction.

In a class of 35 pupils there are seven more girls than boys

Answers

Answer:

there would be 21 girls and 14 boys

Step-by-step explanation:

I split the kids down in half and then added seven to the girls and when added up 21+14=35 and that’s is 7 more girls then boys

What is 22 x 2 + 6 = x

Answers

Answer:

x=50

Step-by-step explanation:

22•2=44

44+6=50

Answer:

50

Step-by-step explanation:

22×2=44+6=50.

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The average mileage per gallon for cars built since 1940 approximates to the following curve 0.0075*t^2-.2672*t+14.8 where t is year -1940.

Answer the following questions:

What is the expected MPG in 2025?
How about 2050?
Is this a valid function?
Is there a top end to MPG?

Answers

9514 1404 393

Answer:

46.3 in 202576.2 in 2050

Step-by-step explanation:

The attached shows the predicted mileage for cars built in 2025 to be 46.3 mpg, 76.2 mpg for cars built in 2050.

__

No doubt, the function is valid over the time period used to derive it. It may or may not be valid for predicting MPG beyond that period.

Virtually any function that predicts future increases without bound will turn out to be unreliable at some point. In this universe, there are always limits to growth.

Convert the following numbers into scientific notation. ( i did them but I feel like they wrong can y’all correct them if they are?)

Answers

Answer:

only 4 is incorrect...

1,450,000 = 1.45 x [tex]10^{6}[/tex] NOT

1,450,000 = 1.45 x [tex]10^{7\\}[/tex]

Step-by-step explanation:

Use the permutation formula to solve a problem when n = 8 and r = 2.



A. 56
B. 672
C. 6,720
D. 40,320

Answers

Answer:

Option A. 56

Step-by-step explanation:

From the question given above, the following data were obtained:

Total number (n) = 8

Item taken for permutation (r) = 2

Pemutation (P) =?

ₙPᵣ = n! / (n – r)!

₈P₂ = 8! / (8 – 2)!

₈P₂ = 8! / 6!

₈P₂ = 8 × 7 × 6! / 6!

₈P₂ = 8 × 7

₈P₂ = 56

Answer:

A. 56

Step-by-step explanation:

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The strategy is to provide the best kitchen layout possible so that food scientists can devote their time and energy to product improvement, not wasted effort in the kitchen.Flow Refrigerator Counter Sink Storage StoveRefrigerator - 8 14 0 0Counter 7 - 4 4 8Sink 4 14 - 4 0Storage 3 0 0 - 5Stove 0 9 4 11 -For layout number one, the cumulative "loadtimesdistance" or "movementcost"equals=_____feet (enter your response as a whole number).For layout number two, the cumulative"loadtimesdistance" or "movement cost"= _________feet(enter your response as a whole number). An operation manager at an electronics company wants to test their amplifiers. The design engineer claims they have a mean output of 331331 watts with a variance of 144144. What is the probability that the mean amplifier output would be greater than 332.8332.8 watts in a sample of 4949 amplifiers if the claim is true Students set up a controlled experiment. They put fivecrickets in each of three identical containers. They set onecontainer to 15C, one to 20C, and one to 25C. Then theycount the number of cricket chirps in each containerduring 1 hourWhat are two constants in this experiment?A. The number of crickets in each containerB. The number of cricket chirpsO C. The kind of containers usedD. The temperature of each container A random walk process for a single stock consists of the toss of a fair coin at the end of each day. If the outcome is heads, the stock price increases by 1.25 percent. If the outcome is tails, the stock price decreases by 0.75 percent. What is the drift of such a process Which general was responsible for laying waste to the Southern countryside in his "march to the sea"?O George McClellanO Robert E. LeeO Ulysses S. GrantO William Tecumseh Sherman Am upsearge of violence in the 1990s was a desperate attempt by right wing political organisation to serial the process of negotiation explanation would be appreciated. i dont understand In a function g(x), g(1) = 5. Which could be the functionof g(x)? Before a big soccer game Charlie always eats a big dinner. Which characteristic of life does this fact best describe?A: Living things reproduceB: Living things respond to their environment.C: Living things use energyD: Living things grow and develop Selected accounts with some amounts omitted are as follows: Work in Process Oct. 1 Balance 24,900 Oct. 31 Goods finished X 31 Direct materials 94,400 31 Direct labor 197,000 31 Factory overhead X Finished Goods Oct. 1 Balance 14,800 31 Goods finished 322,700 If the balance of Work in Process on October 31 is $212,900, what was the amount of factory overhead applied in October? a.$197,000 b.$219,300 c.$434,800 d.$94,400 SPExplain four steps you can take to improve your writing.Enter your response here. Dome Metals has credit sales of $144,000 yearly with credit terms of net 120 days, which is also the average collection period. Assume the firm adopts new credit terms of 5/10, net 120 and all customers pay on the last day of the discount period. Any reduction in accounts receivable will be used to reduce the firm's bank loan which costs 10 percent. The new credit terms will increase sales by 20% because the 5% discount will make the firm's price competitive.Required:a. If Dome earns 25 percent on sales before discounts, what will be the net change in income if the new credit terms are adopted? b. Should the firm offer a discount?