Answer:
46
Step-by-step explanation:
Answer:
The bigger avocado will be a better deal if the ratio of the sizes of the bigger one to the smaller one is less than the ratio of the prices of the bigger one to the smaller one.
Step-by-step explanation:
Given that two sizea of avocados are being sold, since the regular size is being sold for $0.84 each, let the price for the bigger avocado be $x.
Then note the following:
1. How bigger than the smaller avocado is the bigger one?
This would determine if the price for the bigger one is a bargain, or a mistake.
If for instance, the bigger avocado is double the size of the smaller one, then for any price, $x less that $1.68 (twice of $0.84), it is a bargain.
The bigger avocado will be a better deal if the ratio of the sizes bigger one to the smaller one is less than the ratio of the prices of the bigger one to the smaller one.
The standard deviation of a point estimator is the <u>standard error.</u>
"The point estimate is used to estimate the exact value of any parameter. For example, an internet poll says that 45% of Americans are concerned for the environment."
"Point estimates is a good measure but the problem with this parameter is that the sample of the statistics may vary so that there is a chance of sampling error."
"As the researcher is unable to presume that closeness of the sample statistics parameter with respect to the parameter so researcher refers to calculate the standard error instead of point estimate."
To learn more about standard error here
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