Acompany makes a $5 profit on each non-faulty product it sells. approximately 2% of the products manufactured are faulty.
with no way to discover which ones are faulty before delivery. if replacement-and-repair costs for the faulty products are $100
each, what is the profit per item?
a. loss of $15.10
b. loss of $15
c. profit of $2.90
d. profit of $3.00

Do social recommendations increase ad effectiveness? a study of online video viewers compared viewers who arrived at an advertising video for a particular brand by following a social media recommendation link to viewers who arrived at the same video by web browsing. data were collected on whether the viewer could correctly recall the brand being advertised after seeing the video. the results are given below.correctly recalled the brandarrival 409153browsing20484b. conduct the hypothesis test, using the 0.025 level of significance.what is the value of the test statistic? χ2stat=what is the p-value? p-value=is this value significant atα=0.025?