The statement: “If we lower the price of this product by 5 percent, then our profit will increase by 3 percent” represents what type of statement?  a.  a wild guess  b.  a conclusion  c.  a decision rule  d.  a hypothesis  e.  an educated guess

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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The statement: “If we lower the price of this product by 5 percent, then our profit will increase by 3 percent” represents what type of statement?

 a. 

a wild guess

 b. 

a conclusion

 c. 

a decision rule

 d. 

a hypothesis

 e. 

an educated guess

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