First: markup rate × wholesale price = amount of markup
Second: Well the markup rate is a percentage, you have to convert it into a decimal. Percent means "out of one hundred," so <span>80%</span> is equivalent to <span>80/100 </span>which is also equal to <span>80÷100</span>.
<span>Third: 80÷100=0.80</span>
0.80 × $93.00 = $74.40
Fourth: The markup rate is a percentage of the wholesale price that is added to get the retail price, you can find the retail price with the following equation: amount of markup + wholesale price = retail price
<span>$74.40</span> + <span>$93.00</span> = <span>$167.40</span>
The retail price of the chair should be <span>$167.40</span>.
This can be solved using a ratio. The ratio is: 13/20=x/60 this would then become 20x= 780 divide both sides by 20 and you get x=39. the answer is 39
<span>E[Y] = 0.4·1 + 0.3·2 + 0.2·3 + 0.1·4 = 2
E[1/Y] =0.4·1/1 + 0.3·1/2 + 0.2·1/3 + 0.1·1/4 = 0.4 + 0.15 + 0.0666 + 0.025?0.64
V[Y] =E[Y2]-E[Y]2= (0.4)·12+(0.3)·22+(0.2)·32+(0.1)·42-22= 0.4+1.2+1.8+1.6-4= 5-4 = 1</span>
Answer:
The answer is y=24
Step-by-step explanation:
The <u>triangle is a 30-60-90 triangle</u>, which means that the it follows the <em>respective ratio of x:x</em>
<em>:2x. </em>Since we know that the 30 degree value is 8, we can establish that the 60 degree value is 8* = 24.
Answer:
d. There is a 98% chance that the true proportion of customers who click on ads on their smartphones is between 0.56 and 0.62.
Step-by-step explanation:
Confidence interval:
x% confidence
Of a sample
Between a and b.
Interpretation: We are x% sure(or there is a x% probability/chance) that the population mean is between a and b.
In this question:
I suppose(due to the options) there was a small typing mistake, and we have a 98% confidence interval between 0.56 and 0.62.
Interpreation: We are 98% sure, or there is a 98% chance, that the true population proportion of customers who click on ads on their smartphones is between 0.56 and 0.62. Option d.
