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daser333 [38]
3 years ago
10

Local hamburger market are (as percentages of all hamburgers sold): 23 percent, 22 percent, 18 percent, 12 percent, 11 percent,

8 percent, and 6 percent. what is the four-firm concentration ratio of the hamburger
Mathematics
1 answer:
Tamiku [17]3 years ago
3 0
The top 4 firms have (23 +22 +18 +12)% = 75% of the market.

The 4-firm concentration ratio is 0.75 or 75%.
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1 point
Ber [7]
15
Explanation:
you just divide 90 by 6
6 0
2 years ago
Below are the jersey numbers of 11 players randomly selected from a football team. Find the​ range, variance, and standard devia
padilas [110]

Answer:

Option(A) is correct

Jersey numbers are nominal data that are just replacements for names, so the resulting statistics are meaningless.

Step-by-step explanation:

The given data set in the question are ;33, 29, 97, 56, 26, 78, 83, 74, 65, 47, 58

the range can be determined by finding the highest value and subtract it to the lowest value. In this case the values are:

Highest = 97

Lowest = 71

Range = highest value - Minimum value

Range = 97 - 26 = 71

Range= 71

mean of the data is the summation of all the numbers in the data set divided by the number of given samples.

Mean = (33 + 29 + 97 + 56+ 26 + 78 + 83 74+ 65 + 47 + 58)/11

= 647/11

Mean value =58.7

Now to find the variance of the data set by using below formular

σ²=[ (xᵢ -mean)²]/n-1

[(33-58.7)² +(29-58.7)²+( 97-58.7)²+( 56-58.7)²+( 26 -58.7)²+(78-58.7)²+( 83 -58.7)²+(74-58.7)²+( 65-58.7)²+( 47 -58.7)²+(58 -58.7)²]/10

Variance=546

Now, we will calculate standard deviation by taking square root over variance

σ =√(variance)

σ =√(546)

Standard deviation= 23.4

Hence, the range is 71 ,variance is 546 and standard deviation is 23.4 therefore,

Option A is the answer that is Jersey numbers are nominal data that are just replacements for names, so the resulting statistics are meaningless.

5 0
3 years ago
Measuring the speed of sound in the ocean is an important part of marine research. One application is the study of climate chang
dalvyx [7]

Answer:

A linear formula for S as a function of D is S=17D+1534

Step-by-step explanation:

We are supposed to find a linear formula for S as a function of D.

Equation of line : y = mx+c

We are given that At the surface, the speed of sound is 1534 meters per second.

c = 1534

We are given that for each increase in depth by 1 km, the speed increases by 17 m/s

So, Slope = m = 17

Substitute the values in equation

y=17x+1534

x denotes depth

y denotes speed

We are given that Use D for depth and S for the speed of sound

So, S=17D+1534

Hence a linear formula for S as a function of D is S=17D+1534

7 0
3 years ago
(PLEASE HELP QUICKLY) Melanie and her children went into a grocery store and she bought $14 worth of apples and bananas. Each ap
Step2247 [10]

Answer:

6 apples and 5 bananas

Step-by-step explanation:

x + y = 11

x = 11 - y

1.75x + 0.70y = 14

1.75(11 - y) + 0.7y = 14

19.25 - 1.75y + 0.7y = 14

5.25 = 1.05y

y = 5

x = 11 - 5 = 6

4 0
3 years ago
Read 2 more answers
Solve the system of equations.<br> y= 3x<br> y= x2-10
svetoff [14.1K]

Answer:

(-5, 2) and (2, 6)

Step-by-step explanation:

Use the substitution method. We know that y = 3x and y = x^2 - 10, so we can set them equal to one another.

3x = x^2 - 10

x^2 - 3x - 10 = 0

Use the quadratic equation to solve for x.

x = - 5, 2

Now solve for y using these two values of x by substituting it back into the equations.

y = - 15,  6

In coordinate form, (-5, 2) and (2, 6)

7 0
3 years ago
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