107% = 749000 (7% increase add to 100% which is normal price)
1% = 7000 ( divide by 107 to get 1%)
100% = 700000 (x100 to get original price)
£700,000
If your writing the equation it would be e subtracted by 5 equals 18 so it would look like e-5=18
Answer: 95.64% of the values will be below 212.5 in our set of data.
First, determine the z-score for the expected value of 212.5. The z-score is the number of standard deviations that it is above or below the mean.
(212.5 - 192.3) / 11.8 = 1.71
A score of 212.5 is 1.71 standard deviations above the mean. Now, use a table to find the probability for a z-score of 1.71. The percent is 95.64%.
Answer:
Step-by-step explanation:
Given
Required
Determine the profit function
This is calculated as follows:
Substitute values for R(x) and C(x)
Open bracket
Collect like terms
