The sporting goods store receives the shipment of 124 golf bags in total.
Let us assume that the number of full-sized bags = X
Then the number of collapsible golf bags = 124 - X
Cost of each full sized bags = $38.50
Cost of each collapsible bags = $22.50
Total cost of the 124 bags received by the sporting goods store = $3430
Then
(38.50)X + (124 - X)22.50 = 3430
(38.50X - 22.50X) + 2790 = 3430
16X = 3430 - 2790
16X = 640
X = 640/16
= 40
So the number of full-sized golf bags received = 40
Then the number of collapsible golf bags received = 124 - 40
= 84
Answer:
yes
Step-by-step explanation:
x isnt a number
Answer:
6 divded by 5
Step-by-step explanation:
Answer and Step-by-step explanation:
Solution:
Given:
Mean = 0.08
Standard deviation = 0.07
W = 0.75
The return on investment is:
R = W * RS + (1 – W)*RB
Compute the mean and standard deviation:
Mean:
E(R) = E[ W X RS + (1 – W) X RB]
The mean of R is given:
µ = W * RS + (1 – W)*RB
= 0.75 X 0.08 + (1 – 0.75) 0.05
= 0.06 + 0.0125
= 0.0725
Variance:
Var (R) = var [ w x RS + (1 – W)RB]
Var (R) = W 2 Var (RS )+ (1 –W)2 Var (RB) + 2w (1-w)cov(RS , RB)
The standard deviation of R is given by:
∂2 = W2 X (0.07)2 + (1 – W) 2 X( 0.04)2 + 2 W (1 – W) X [0.07 X 0.04 X 0.25]
Where [0.07 X 0.04 X 0.25] is correlation between RS and RB.
