Answer: $81.60
Step-by-step explanation:
When we have an original price OP, and a markup of X% (this is how much increases the price with respect to the original price)
The retail price will be:
RP = OP + (X%/100%)*OP
RP = OP*(1 + X%/100%)
In this case, we have:
Original price = OP = $68
markup = X% = 20%
Replacing these in the above equation, we get:
RP= $68*(1 + 20%/100%) = $68*(1 + 0.20)
RP = $68*(1.20) = $81.60
Then the retail price of this particular item is $81.60
Answer:
The answers are a) 1/3 and b) 1/3
Step-by-step explanation:
we will consider t to be the arrival time variable in minutes. We will have it run from 0 min to 30 min omitting the 7 hours , which won't change the results since the PDF we are about to calculate is a constant.
So the PDF of the arrival time is a constant and the since the area under this PDF distribution should be equal to 1 so, Let the height of the constant distribution equal to c, so c*30 (which is equal to the total probability) would be the area under the distribution, but this area should be equal to 1, So that gives us c=1/30 which is the value of the constant PDF for all corresponding arrival times.
part a) of the question asks for the probability that the passengers wait less than 5 minute. The passengers would have to wait for the bus 5 min or late if they arrive between the times (10 - 15 )min and (25 - 30) min. So we will have to integrate the PDF corresponding to these times and then we will will just have to add the probabilities calculated as give below,

Now part b) of the question asks for the probability that the passenger waits for more than 10 minutes. Which can be calculated by noting that that can only happen if the passenger arrives between the times (0 - 5) min and (15 - 20) min. So we will have to integrate the PDF corresponding to these times and then we will will just have to add the probabilities calculated as give below,

The answer to part b) is 1/3.
Answer:
Negative with little correlation
It has negative slope if you imagine a line
Answer:
7 but im not sure
Step-by-step explanation: