Answer:
A. Statistic
Step-by-step explanation:
Usually whole population is difficult to cover so the part of population is considered to assess the aspects of population. The statistic is the quantity which summarizes the sample. The problem illustrate that summary measure is calculated from sample to describe a population. As the summary measure is computed from sample then it is a statistic.
Answer:
E. None of the above
Step-by-step explanation:
We know that 1/8 is the same as 1÷8 Then using Long Division for divided by 8 gives us 0.125
Answer:
The answer is $3000.
Step-by-step explanation:
The men's clothing buyer had a group of 50 jackets priced at $250 each.
Total price of jackets =
dollars
The buyer reduced the price of the jackets in that group to $200 and 40 jackets were sold.
So, the price for selling 40 jackets is =
dollars
Remaining jackets =
These were sold at $150 each, totaling to =
dollars
So, overall money earned by reducing prices both time =
dollars
And the markdown in dollars = (original price before reducing) minus (educed total price)
=
dollars
So, the answer is $3000.
Answer:
$2000 was invested at 5% and $5000 was invested at 8%.
Step-by-step explanation:
Assuming the interest is simple interest.
<u>Simple Interest Formula</u>
I = Prt
where:
- I = interest earned.
- P = principal invested.
- r = interest rate (in decimal form).
- t = time (in years).
Given:
- Total P = $7000
- P₁ = principal invested at 5%
- P₂ = principal invested at 8%
- Total interest = $500
- r₁ = 5% = 0.05
- r₂ = 8% = 0.08
- t = 1 year
Create two equations from the given information:


Rewrite Equation 1 to make P₁ the subject:

Substitute this into Equation 2 and solve for P₂:





Substitute the found value of P₂ into Equation 1 and solve for P₁:



$2000 was invested at 5% and $5000 was invested at 8%.
Learn more about simple interest here:
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