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2 years ago

5

A consumer survey conducted in two consecutive years found that a fixed basket of goods and services cost $36.00 in year 1 and $

36.75 in year 2. The rate of inflation from year 1 to year 2 is

1 answer:

docker41 [41]2 years ago

7 0

Answer:

0.021/yr or 2.1%/yr

Step-by-step explanation:

Find the quotient:

$36.75/$36.00

This comes out to 1.021,

so the inflation rate is 1.021 - 1.000 = 0.021 or 2.1%/year

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Which is the correct answer

Sav [38]

Answer:

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Step-by-step explanation:

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1 year ago

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Alenkinab [10]

Answer:

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Step-by-step explanation:

We have a normal distribution with mean=56 years and s.d.=4 years.

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We have to calculate the z-value for 50 and 55.

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For x=55:

$z=\frac{x-\mu}{\sigma}=\frac{55-56}{4}=\frac{-1}{4}=-0.25$

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$P(50$

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barxatty [35]

Answer:

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2 years ago

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Nataly [62]

Answer: 3 hours

Step-by-step explanation:

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Hours used for commercial:

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Step-by-step explanation:

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