Answer: the company has to increase its revenue in 33.33%
Explanation:
Let's see the companie's goal is to reach 64 million which is the double of 32 million.
the company increases its revenue by 50% which means that the company has increased it revenue in 16 millions.
32 million * 50/100 = 16 million
Now the the first year revenue is 32 million plus 16 million = 48 million
64 million - 48 million = 16 million (amount in which the company has to increase its revenue to reach 64 million)
with a simple three rule
48 million ----- 100%
16 million -------X
X= 1600/48 X= 33.33%
standard deviation of 1 minute, find the probability that a randomly selected college
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