500+2000+45+338+2145
1 answer:
You might be interested in
Answer:
C. 1000 loss.
Step-by-step explanation:
Let x represent purchase price of each car.
We have been given that a used-car dealer sold one car at a profit of 25 percent of the dealer's purchase price for that car and sold another car at a loss of 20 percent of the dealer's purchase price for that car.
We can represent the car that dealer sold with 25% profit to find purchase price as:
Therefore, the purchase price of 1st car was $16,000.
We can represent the car that dealer sold with 20% loss to find purchase price as:
Therefore, the purchase price of 2nd car was $25,000.
The total purchase price of both cars would be
The total sale price of both cars .
We can see that the sale price of both car is less than purchase price by $1000, so the dealer got a loss of $1000.
Therefore, the dealer's total loss, in dollars, for the two transactions combined was 1000 and option C is the correct choice.
The measures of central tendency for this data set are as follows:
- Mean = 3.55.
- Median = 3.5.
- Mode = 3.
In Mathematics, there are three (3) main measures of central tendency and these include the following:
- Mean
- Median
- Mode
For the mean, we have:
Mathematically, the mean for this data set would be calculated by using this formula:
Mean = [F(x)]/n
For the total number of data, we have:
F(x) = 0 + 1 + 1 + 1 + 2 + 2 + 3 + 3 + 3 + 3 + 4 + 4 + 4 + 5 + 5 + 5 + 6 + 6 + 6 + 7
F(x) = 71
Substituting the parameters into the formula, we have:
Mean = [F(x)]/n
Mean = 71/20
Mean = 3.55.
For the median, we have:
First of all, we would order the data from lowest to highest and then determine the median as follows:
Data = {0, 1, 1, 1, 2, 2, 3, 3, 3,} 3, 4, {4, 4, 5, 5, 5, 6, 6, 6, 7}
Median = {3 + 4}/2
Median = 7/2
Median = 3.5.
<h3>How to calculate the mode?</h3>A mode refers to the most frequently occurring number in a data set. Thus, the mode for this data set is equal to 3.
In conclusion, a box plot of the measures of central tendency for this data set is shown in the image attached below.
Read more on mean here: brainly.com/question/9550536
#SPJ1
Answer:
(0.4958, 0.7422)
Step-by-step explanation:
Let p be the true proportion of water specimens that contain detectable levels of lead. The point estimate for p is . The estimated standard deviation is given by
. Because we have a large sample, the 90% confidence interval for p is given by
where
is the value that satisfies that above this and under the standard normal density there is an area of 0.05. So, the confidence interval is
, i.e., (0.4958, 0.7422).