13,000 divided by 1,000
1 answer:
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Answer:
17. See below
18. 750
Step-by-step explanation:
17. Since the lollipops are being sold at the same price, 50 cents, for each one sold, they make a constant amount of money. For each increase in lollipops sold, there is a constant increase in money made, and thus the situation is a linear function.
18. To solve this equation, let's say y is the money made at the convention in dollars and x is the number of lollipops sold. If the principal gave them 125 dollars before they sold any lollipops (0 lollipops sold), then 125 is the y-intercept of the function, and in the equation y=mx+b, b=125. If each lollipop costs 50 cents (half of a dollar), then for each lollipop, x, sold, .5 dollars are made and are added to the profit, y. Thus, .5 dollars is the slope. The equation then becomes:
Now, if they need 500 dollars, y is thus equal to 500 dollars. Solving the equation:
Thus, 750 lollipops must be sold.
Answer:
We need to conduct a hypothesis in order to determine if the mean is greater than specified value, the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
For this case the significance is 1%. So we need to find a critical value in the normal standard distribution who accumulates 0.99 of the area in the left and 0.01 in the right and for this case this critical value is:
Step-by-step explanation:
Notation
represent the sample mean
represent the standard deviation for the population
sample size
represent the value that we want to test
represent the significance level for the hypothesis test.
z would represent the statistic (variable of interest)
State the null and alternative hypotheses.
We need to conduct a hypothesis in order to determine if the mean is greater than specified value, the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
For this case the significance is 1%. So we need to find a critical value in the normal standard distribution who accumulates 0.99 of the area in the left and 0.01 in the right and for this case this critical value is:
1. Find the percent markup.
Markup ($) = percent markup (%) x original cost ($)
A computer store buys a laptop for $635 directly from the manufacturer (Dell). The markup is $570. What is the percent markup on the computer?
The percent markup is: <u> </u><u>90</u><u> </u>%
FORMULA: Percent of Markup = Markup/Cost x 100
- = $570/$635 x 100
- = 0.90 x 100
- = 90%