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4vir4ik [10]
3 years ago
13

A plumbing supplies manager realises he has a profit margin of 15%. His total sales for a month came $23,000. How much of this i

s profit?
Mathematics
1 answer:
mart [117]3 years ago
6 0
The percentage of profit margin that
the plumbing supplies manager realizes that he has = 15%
Total sales for the month made by the plumbing supplies manager = $23000
Then
Amount of profit that has been made
by the plumbing sales manager = 15% * 23000 dollars
                                                    = (15/100) * 23000 dollars
                                                     = 15 * 230 dollars
                                                     = 3450 dollars
So the plumbing manager makes a profit of $3450 in the month as can be seen from the above deduction.
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Alternate Hypothesis, H_A : p_1>p_2      {means that the proportion of high-altitude vehicles exceeding the standard is greater than the proportion of low-altitude vehicles exceeding the standard}

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The value of z-test statistics is 3.234.

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