Sales tax = 6% or 6/100.
assuming tax is added onto the item:
total cost function f(x) = price + tax
however, assuming the cost price = sales price - tax, then:
f(x) = sales price - tax
This is not really a business or accounting forum, its a maths forum, so you need to be clearer about business or accounting terms such as total cost, selling price, selling cost.
Answer:
0.50 (still the same)
Step-by-step explanation:
Arc length is s=r x theta. The unit circle has r=1 so for an arc length of 3pi/2 the angle is 3pi/2 radians
Answer:
Test statistic = 2
P-value = 0.0227
Step-by-step explanation:
We are given the following in the question:
Population mean, μ = $98
Sample mean, = $100
Sample size, n = 100
Population standard deviation, σ = $10
First, we design the null and the alternate hypothesis
Formula:
Putting all the values, we have
Now, we can calculate the p-value from the normal table
P-value = 0.0227