A bag of skittles contains green and purple candies in the ratio of 3 green to 4 purple. If there are 24 purple candies in the b
1 answer:
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Answer:
The selling price is $79.53 .
Step-by-step explanation:
Formula
Let us assume that the cost price be x .
As given
Judy Garland Electronics operate on a net-profile rate of 20% on its printer cables.
If the markup is $8.95 and the overhead is $4.31 .
Selling price = Cost price + Markup price + Overhead price
Putting all the values in the above
= x + 8.95 + 4.31
= x + 13.26
Profit = Selling price - Cost price
= x + 13.26 - x
= 13.26
Putting all the values in the above
x = $ 66.3
Thus
Selling price = x + 13.26
= 66.3 + 13.26
= $ 79.53
Therefore the selling price is $79.53 .
Answer:
The required confidence inteval = 94.9%.
Step-by-step explanation:
Confidence interval: Mean ± Margin of error
Given: A confidence interval for the true mean diameter of all oak trees in the neighbourhood is calculated to be (36.191, 42.969).
i.e. Mean + Margin of error = 42.969 (i)
Mean - Margin of error = 36.191 (ii)
Adding (i) and (ii), we get
Margin of error = 42.969-39.58 [from (i)]
= 3.389
Margin of error =
here n= 25
i.e.
Using excel function 1-TDIST.2T(2.054,24)
The required confidence inteval = 94.9%.