Answer:
Step-by-step explanation:
markup is 3.50(0.60) = $2.10
sales price is 3.50 + 2.10 = $5.60
one could also just multiply the wholesale price by 1.60
3.50(1.60) = $ 5.60
a)
because it is equal to the area of the shaded region between X=4 and X=6, and the probability that X falls within some interval is given by the area under the PDF.
b)
because the shaded region is a rectangle of height 1/5 (by virtue of X following a uniform distribution over the interval [2, 7], which has length 5).
Answer:
B- Line Q
Step-by-step explanation:
Line Q is practically in the middle of the dots. It is called a trend line btw. :)