Okie, so more information might be needed. What is S and what is N. I will assume that the price of the store brand is 2/3(national brand). In this case, you plug in the the national brand price.
2(12)/3 = 24/3 = $8
I hope this helps :-)

8 0

3 years ago

Suppose that grades on a midterm and a final have a correlation coefficient of .5 and both exams have an average score of 75 and

Eva8 [605]

Answer:

Step-by-step explanation:

The correlation coefficient relates the standarized values of the midterms a final score in this way:

$\frac{y - y^}{sy} = r* \frac{x - x^}{sx}$

where y is the final score that needs to be found, y^ is the average score on the finals, sy is the standar deviation for the scores on the finals, x is the midterm score, x^ is the average score on the midterms and sx y the standard deviation of the scores on the midterms.

If we issolate y on the equation and solve with the data we have, we get that:

r* \frac{x - x^}{sx}[/tex] = 0.5 * $\frac{95 - 75}{10}$ = 1

y = 75 + 1*10 = 85

This means the predicted final score will be 85.

5 0

3 years ago