If I am correct, it should be $2,736.
if this is a re-sell, then you would have to add the loss to the selling price to get the original cost.
loss means how much was lost in profit, so whenever you see that make sure to add it to whatever is applicable, like in this case, $2,640.
Answer:
p-e< p < p+e
(0.061 - 0.025) < 0.061 < (0.061 + 0.025)
0.036 < 0.061 < 0.086
Step-by-step explanation:
Given;
Confidence interval CI = (a,b) = (0.036, 0.086)
Lower bound a = 0.036
Upper bound b = 0.086
To express in the form;
p-e< p < p+e
Where;
p = mean Proportion
and
e = margin of error
The mean p =( lower bound + higher bound)/2
p = (a+b)/2
Substituting the values;
p = (0.036+0.086)/2
Mean Proportion p = 0.061
The margin of error e = (b-a)/2
Substituting the given values;
e = (0.086-0.036)/2
e = 0.025
Re-writing in the stated form, with p = 0.061 and e = 0.025
p-e< p < p+e
(0.061 - 0.025) < 0.061 < (0.061 + 0.025)
0.036 < 0.061 < 0.086
The total would be $4.68. It is $0.78 for 0.4 of a pound, and you multiply $1.95 two times aqnd add that to the $0.78
You would multiply 13/52 by 13/51 which you should receive an answer of 13/204