Ask question

Ask question

All categories

3 years ago

7

Monte's Autorana is having an end-of-year clearance in which the TV ads proclaim that

1 answer:

11111nata11111 [884]3 years ago

7 0

Answer:

No

Step-by-step explanation:

We first write out $17,500 as a multiplication to 5%

New price = 17500 x 1.05 = 18375 = $18,375

18375-17500 = 875

We then work out the tax on just the mark up of $875 increase

20% mark up = 875 x 0.20 = 175

18.375+175 = 18550

= $18,550 charge to be considered for 5%

However Monte would argue that tax on tax also applies to 875 x 1.20 = 1050

=$1050 and he is just asking to meet half tax costs an extra 10% of his own tax back of 17.500 x 20% that he paid = 17500 x 0.20 = 3500

tax he paid inclusive or non inclusive would be the same.

= $3500

10% of this = 3500 x 0.10 = 350

18550+350 = 18,900

Therefore it is not dishonest if mentioned in the terms and conditions.

We also universally can round 5% up by applying other charges to include promotion costs and even apply more for administration costs.

You might be interested in

HELP!!! The graph is at the top! Will mark as brainliest answer!!

Alex777 [14]

Answer:

The value of BEF = 36°

Step-by-step explanation:

Given:

Angle AED = 90°

Angle BEF = 3x°

Angle CEF = 54°

Find;

The value of BEF

Computation:

We know that;

Angle AED = Angle BEC (Vertical opposite angle)

So,

Angle AED = Angle Angle BEF + Angle CEF

90 = 3x + 54

3x = 90 - 54

3x = 36

x = 36 / 3

x = 12

The value of BEF = 3x

The value of BEF = 3(12)

The value of BEF = 36°

4 0

2 years ago

PLEASE HELP An algebraic ___ is a mathematical phrase

scoundrel [369]

Answer: Expression

Hope this helps :)

5 0

2 years ago

Read 2 more answers

Is this a linear function ?<br><img src="https://tex.z-dn.net/?f=y%20%3D%20%20-%203%20%5E%7B2%7D%20%20%2B%202" id="TexFormula1"

Slav-nsk [51]

No its not a linear function i think

8 0

3 years ago

3 x 104 + 2.5 x 105 =<br> A. 0.5 x 105<br> B. 2.8 x 105<br> C. 3.25 x 105<br> D. 5.5 x 109

WITCHER [35]

Answer:

574.5 A) 52.5 B) 294 C) 341.25 D) 599.5

Step-by-step explanation:

3*104+2.5*105=312+262.5=574.5

A) 0.5*105=52.5

B) 2.8*105=294

C) 3.25*105=341.25

D) 5.5*109=599.5

6 0

3 years ago

Based on the number of voids, a ferrite slab is classified as either high, medium, or low. Historically, 5% of the slabs are cla

AnnyKZ [126]

Answer:

(a) Name: Multinomial distribution

Parameters: $p_1 = 5\%$ $p_2 = 85\%$ $p_3 = 10\%$ $n = 20$

(b) Range: $\{(x,y,z)| x + y + z=20\}$

(c) Name: Binomial distribution

Parameters: $p_1 = 5\%$ $n = 20$

$(d)\ E(x) = 1$ $Var(x) = 0.95$

$(e)\ P(X = 1, Y = 17, Z = 3) = 0$

$(f)\ P(X \le 1, Y = 17, Z = 3) =0.07195$

$(g)\ P(X \le 1) = 0.7359$

$(h)\ E(Y) = 17$

Step-by-step explanation:

Given

$p_1 = 5\%$

$p_2 = 85\%$

$p_3 = 10\%$

$n = 20$

$X \to$ High Slabs

$Y \to$ Medium Slabs

$Z \to$ Low Slabs

Solving (a): Names and values of joint pdf of X, Y and Z

Given that:

$X \to$ Number of voids considered as high slabs

$Y \to$ Number of voids considered as medium slabs

$Z \to$ Number of voids considered as low slabs

Since the variables are more than 2 (2 means binomial), then the name is multinomial distribution

The parameters are:

$p_1 = 5\%$ $p_2 = 85\%$ $p_3 = 10\%$ $n = 20$

And the mass function is:

$f_{XYZ} = P(X = x; Y = y; Z = z) = \frac{n!}{x!y!z!} * p_1^xp_2^yp_3^z$

Solving (b): The range of the joint pdf of X, Y and Z

Given that:

$n = 20$

The number of voids (x, y and z) cannot be negative and they must be integers; So:

$x + y + z = n$

$x + y + z = 20$

Hence, the range is:

$\{(x,y,z)| x + y + z=20\}$

Solving (c): Names and values of marginal pdf of X

We have the following parameters attributed to X:

$p_1 = 5\%$ and $n = 20$

Hence, the name is: Binomial distribution

Solving (d): E(x) and Var(x)

In (c), we have:

$p_1 = 5\%$ and $n = 20$

$E(x) = p_1* n$

$E(x) = 5\% * 20$

$E(x) = 1$

$Var(x) = E(x) * (1 - p_1)$

$Var(x) = 1 * (1 - 5\%)$

$Var(x) = 1 * 0.95$

$Var(x) = 0.95$

$(e)\ P(X = 1, Y = 17, Z = 3)$

In (b), we have: $x + y + z = 20$

However, the given values of x in this question implies that:

$x + y + z = 1 + 17 + 3$

$x + y + z = 21$

Hence:

$P(X = 1, Y = 17, Z = 3) = 0$

$(f)\ P{X \le 1, Y = 17, Z = 3)$

This question implies that:

$P(X \le 1, Y = 17, Z = 3) =P(X = 0, Y = 17, Z = 3) + P(X = 1, Y = 17, Z = 3)$

Because

$0, 1 \le 1$ --- for x

In (e), we have:

$P(X = 1, Y = 17, Z = 3) = 0$

So:

$P(X \le 1, Y = 17, Z = 3) =P(X = 0, Y = 17, Z = 3) +0$

$P(X \le 1, Y = 17, Z = 3) =P(X = 0, Y = 17, Z = 3)$

In (a), we have:

$f_{XYZ} = P(X = x; Y = y; Z = z) = \frac{n!}{x!y!z!} * p_1^xp_2^yp_3^z$

So:

$P(X=0; Y=17; Z = 3) = \frac{20!}{0! * 17! * 3!} * (5\%)^0 * (85\%)^{17} * (10\%)^{3}$

$P(X=0; Y=17; Z = 3) = \frac{20!}{1 * 17! * 3!} * 1 * (85\%)^{17} * (10\%)^{3}$

$P(X=0; Y=17; Z = 3) = \frac{20!}{17! * 3!} * (85\%)^{17} * (10\%)^{3}$

Expand

$P(X=0; Y=17; Z = 3) = \frac{20*19*18*17!}{17! * 3*2*1} * (85\%)^{17} * (10\%)^{3}$

$P(X=0; Y=17; Z = 3) = \frac{20*19*18}{6} * (85\%)^{17} * (10\%)^{3}$

$P(X=0; Y=17; Z = 3) = 20*19*3 * (85\%)^{17} * (10\%)^{3}$

Using a calculator, we have:

$P(X=0; Y=17; Z = 3) = 0.07195$

So:

$P(X \le 1, Y = 17, Z = 3) =P(X = 0, Y = 17, Z = 3)$

$P(X \le 1, Y = 17, Z = 3) =0.07195$

$(g)\ P(X \le 1)$

This implies that:

$P(X \le 1) = P(X = 0) + P(X = 1)$

In (c), we established that X is a binomial distribution with the following parameters:

$p_1 = 5\%$ $n = 20$

Such that:

$P(X=x) = ^nC_x * p_1^x * (1 - p_1)^{n - x}$

So:

$P(X=0) = ^{20}C_0 * (5\%)^0 * (1 - 5\%)^{20 - 0}$

$P(X=0) = ^{20}C_0 * 1 * (1 - 5\%)^{20}$

$P(X=0) = 1 * 1 * (95\%)^{20}$

$P(X=0) = 0.3585$

$P(X=1) = ^{20}C_1 * (5\%)^1 * (1 - 5\%)^{20 - 1}$

$P(X=1) = 20 * (5\%)* (1 - 5\%)^{19}$

$P(X=1) = 0.3774$

So:

$P(X \le 1) = P(X = 0) + P(X = 1)$

$P(X \le 1) = 0.3585 + 0.3774$

$P(X \le 1) = 0.7359$

$(h)\ E(Y)$

Y has the following parameters

$p_2 = 85\%$ and $n = 20$

$E(Y) = p_2 * n$

$E(Y) = 85\% * 20$

$E(Y) = 17$

8 0

3 years ago