In a survey of 2,000 people who owned a certain type of car, 400 said they would buy that type of car again. What percent of the
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ANSWER
The solution is
<u>EXPLANATION</u>
We have
and
Let us substitute equation (1) in to equation (2). This gives us,
We rewrite this as a quadratic equation as the highest degree is 2.
This implies that
we factor to obtain,
This means,
We substitute this values into any of the above equations, preferably equation (1)
When, ,
When, ,
The solution is