A clothing vendor estimates that 78 out of every 100 of its online customers do not live within 50 miles of one of its physical
1 answer:
Answer:
78% probability that a randomly selected online customer does not live within 50 miles of a physical store.
Step-by-step explanation:
A probability is the number of desired outcomes divided by the number of total outcomes.
In this problem, we have that:
Total outcomes:
100 customers
Desired outcomes:
A clothing vendor estimates that 78 out of every 100 of its online customers do not live within 50 miles of one of its physical stores. So the number of desired outcomes is 78 customers.
Using this estimate, what is the probability that a randomly selected online customer does not live within 50 miles of a physical store?
78% probability that a randomly selected online customer does not live within 50 miles of a physical store.
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Answer:
Step-by-step explanation:
11) Profit = Selling price - purchase price - other expenses
12) Profit = Selling price - purchase price - other expenses
(after rounding off)
13) Annual interest on bond
=INterest rate on face value of bond for 1 year
14)Cost of bond
= quoted value (rate)
=3500(80.5)
=2817.50
15) Cost of bond
= quoted value (rate)
=4250(83.5)
=3548.75