Using the data presented in the problem, you are asked to
predict the probability that future customers will cancel their preorders. To find
the probability, you have to divide the number of people who cancelled their
preorders by the total number of people who preordered.
35 people / 140 people = .25 or 25% probability that the
future customers will cancel their preorders.
Answer:
The minimum score needed to be in the top 2% of the scores on the test
is n = 10,00,000
Step-by-step explanation:
<u><em>Step(i)</em></u>:-
Mean of the Population = 110
Standard deviation of the Population = 20
The estimated error = 2% = 0.02
<u><em>Step(ii)</em></u>:-
The estimated error is determined by


⇒ 
Squaring on both sides, we get
n = 10,00,000
The minimum score needed to be in the top 2% of the scores on the test
is n = 10,00,000
Answer:
$17,832.5
Step-by-step explanation:
just multiply 25,475 by 0.70.
Proportion A
The first thing you should know in this case is what the rate of change means.
The rate of change in a linear equation is given by the slope of the line.
For a linear equation, the rate of change is constant.
So we have to:
y = 9x
The slope is:
m = 9
Proportion B
The slope of the line will be:
m = (y2-y1) / (x2-x1)
Substituting values:
m = (57.5-34.5) / (5-3)
m = 11.5
Answer:
The rate of change in proportion A is 2.5 less than in proportion B.