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Nataliya [291]
3 years ago
9

Employee noticed that watches that causes the word $300 are being sold for $696 what is the markup percenTage

Mathematics
1 answer:
mel-nik [20]3 years ago
5 0

Mark up = selling price -  cost price

           $ 696 -  $ 300 = 300$


Markup% =  696 - 300  / 300  * 100

               =   396 / 300 * 100

                 = 132 %


       


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Using the normal distribution, it is found that there is a 0.0436 = 4.36% probability that a randomly selected caterpillar will have a length longer than (greater than) 4.0 centimeters.

<h3>Normal Probability Distribution</h3>

The z-score of a measure X of a normally distributed variable with mean \mu and standard deviation \sigma is given by:

Z = \frac{X - \mu}{\sigma}

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In this problem, the mean and the standard deviation are given, respectively, by:

\mu = 2.8, \sigma = 0.7.

The probability that a randomly selected caterpillar will have a length longer than (greater than) 4.0 centimeters is <u>one subtracted by the p-value of Z when X = 4</u>, hence:

Z = \frac{X - \mu}{\sigma}

Z = \frac{4 - 2.8}{0.7}

Z = 1.71

Z = 1.71 has a p-value of 0.9564.

1 - 0.9564 = 0.0436.

0.0436 = 4.36% probability that a randomly selected caterpillar will have a length longer than (greater than) 4.0 centimeters.

More can be learned about the normal distribution at brainly.com/question/24663213

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