I don't know what the "six-step method" is supposed to be, so I'll just demonstrate the typical method for this problem.
Let <em>x</em> be the amount (in gal) of the 50% antifreeze solution that is required. The new solution will then have a total volume of (<em>x</em> + 60) gal.
Each gal of the 50% solution used contributes 0.5 gal of antifreeze. Similarly, each gal of the 30% solution contributes 0.3 gal of antifreeze. So the new solution will contain (0.5 <em>x</em> + 0.3 * 60) gal = (0.5 <em>x</em> + 18) gal of antifreeze.
We want the concentration of antifreeze to be 40% in the new solution, so we need to have
(0.5 <em>x</em> + 18) / (<em>x</em> + 60) = 0.4
Solve for <em>x</em> :
0.5 <em>x</em> + 18 = 0.4 (<em>x</em> + 60)
0.5 <em>x</em> + 18 = 0.4 <em>x</em> + 24
0.5 <em>x</em> - 0.4 <em>x</em> = 24 - 18
0.1 <em>x</em> = 6
<em>x</em> = 6/0.1 = 60 gal
To find this out, divide 35 by 60:
35/60 = .583333333333
So 35 is 58.3% of 60.
Hope this helps!
Answer:
4729662
Step-by-step explanation:
Answer:
( $74.623, $83.777)
The 90% confidence interval is = ( $74.623, $83.777)
Critical value at 90% confidence = 1.645
Step-by-step explanation:
Confidence interval can be defined as a range of values so defined that there is a specified probability that the value of a parameter lies within it.
The confidence interval of a statistical data can be written as.
x+/-zr/√n
Given that;
Mean x = $79.20
Standard deviation r = $10.41
Number of samples n = 14
Confidence interval = 90%
Using the z table;
The critical value that should be used in constructing the confidence interval.
z(α=0.05) = 1.645
Critical value at 90% confidence z = 1.645
Substituting the values we have;
$79.20+/-1.645($10.42/√14)
$79.20+/-1.645($2.782189528308)
$79.20+/-$4.576701774067
$79.20+/-$4.577
( $74.623, $83.777)
The 90% confidence interval is = ( $74.623, $83.777)
Answer:
Anchoring
Step-by-step explanation:
Price anchoring is when potential buying rely on first price information about the commodity to buy. Price anchoring is used to create a price reference point when making decision as compare to old price. It also gives customers perception of future price.