Answer:
16.67% increase
Step-by-step explanation:
finding the percentage price increase
we need to find the difference in percentage price between the 2 years
12%-10% = 2%
2%/12% x 100% = 100%/6 = 16.67%
20% increase between January 1st 2010 and January 1st 2011
A fixed expense<span> is an </span>expense<span> that will be the same total amount regardless of changes in the amount of sales, production, or some other activity. A good example of this is rent or a mortgage.</span>
Since
, we know that
follows a Poisson distribution with parameter
.
Now assuming
denote the mean and standard deviation of
, respectively, then we know right away that
and
.
So,
1 trillion is 10^9.
Thus, 21 1/2 trillion is 21 1/2 times 10^9, or 2.15 times 10^10
Hope this helps. If not, ask for clarification.
