Sent a picture of the solution to the problem (s).
Answer: 24%
Step-by-step explanation:
45 is the total number of occurrences, and 6 different occurrences round it off to 8 being the closest to 25% thus that's how I figured out 24
F(x<40)= 0.39+(x*0.24) This formula will quantify what you have written out above.
Take all three trial result averages and add them up
Then take that number and divide by three because there was three numbers added.
That number is the average of the three trials
15% markup on $17,000 = 17000*.15=$2550
25% markup on $4,000 = 4000*.25 = $1000
now just add the two markups.
