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2 years ago

A store buys sneakers for $20.00 and marks them up 250%. What is the selling price?

Mathematics

2 answers:

miss Akunina [59]2 years ago

5 0

Answer:

$\$45$

Step-by-step explanation:

$20+(2.5*20)=45$

Marking up means that the new value is added onto the original value.

As we are increasing the original price by 250% of the price, we need to multiply it by 2.5, as that is equal to 250%

natulia [17]2 years ago

4 0

Answer:

20*2.5 = $50 Gross margin $70 Selling price

Step-by-step explanation:

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In a random sample of 150 customers of a high-speed Internetprovider, 63 said that their service had been interrupted one ormore

erastovalidia [21]

Answer:

a) The 95% confidence interval would be given by (0.341;0.499)

b) The 99% confidence interval would be given by (0.316;0.524)

c) n=335

d)n=649

Step-by-step explanation:

1) Notation and definitions

$X_{IS}=63$ number of high speed internet users that had been interrupted one or more times in the past month.

$n=150$ random sample taken

$\hat p_{IS}=\frac{63}{150}=0.42$ estimated proportion of high speed internet users that had been interrupted one or more times in the past month.

$p_{IS}$ true population proportion of high speed internet users that had been interrupted one or more times in the past month.

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".

The margin of error is the range of values below and above the sample statistic in a confidence interval.

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The population proportion have the following distribution

$p \sim N(p,\sqrt{\frac{\hat p(1-\hat p)}{n}})$

1) Part a

In order to find the critical value we need to take in count that we are finding the interval for a proportion, so on this case we need to use the z distribution. Since our interval is at 95% of confidence, our significance level would be given by $\alpha=1-0.95=0.05$ and $\alpha/2 =0.025$ . And the critical value would be given by:

$t_{\alpha/2}=-1.96, t_{1-\alpha/2}=1.96$

The confidence interval for the mean is given by the following formula:

$\hat p \pm z_{\alpha/2}\sqrt{\frac{\hat p (1-\hat p)}{n}}$

If we replace the values obtained we got:

$0.42 - 1.96\sqrt{\frac{0.42(1-0.42)}{150}}=0.341$

$0.42 + 1.96\sqrt{\frac{0.42(1-0.42)}{150}}=0.499$

The 95% confidence interval would be given by (0.341;0.499)

2) Part b

In order to find the critical value we need to take in count that we are finding the interval for a proportion, so on this case we need to use the z distribution. Since our interval is at 99% of confidence, our significance level would be given by $\alpha=1-0.99=0.01$ and $\alpha/2 =0.005$ . And the critical value would be given by:

$t_{\alpha/2}=-2.58, t_{1-\alpha/2}=2.58$

The confidence interval for the mean is given by the following formula:

$\hat p \pm z_{\alpha/2}\sqrt{\frac{\hat p (1-\hat p)}{n}}$

If we replace the values obtained we got:

$0.42 - 2.58\sqrt{\frac{0.42(1-0.42)}{150}}=0.316$

$0.42 + 2.58\sqrt{\frac{0.42(1-0.42)}{150}}=0.524$

The 99% confidence interval would be given by (0.316;0.524)

3) Part c

The margin of error for the proportion interval is given by this formula:

$ME=z_{\alpha/2}\sqrt{\frac{\hat p (1-\hat p)}{n}}$ (a)

And on this case we have that $ME =\pm 0.05$ and we are interested in order to find the value of n, if we solve n from equation (a) we got:

$n=\frac{\hat p (1-\hat p)}{(\frac{ME}{z})^2}$ (b)

And replacing into equation (b) the values from part a we got:

$n=\frac{0.42(1-0.42)}{(\frac{0.05}{1.96})^2}=374.32$

And rounded up we have that n=335

4) Part d

The margin of error for the proportion interval is given by this formula:

$ME=z_{\alpha/2}\sqrt{\frac{\hat p (1-\hat p)}{n}}$ (a)

And on this case we have that $ME =\pm 0.05$ and we are interested in order to find the value of n, if we solve n from equation (a) we got:

$n=\frac{\hat p (1-\hat p)}{(\frac{ME}{z})^2}$ (b)

And replacing into equation (b) the values from part a we got:

$n=\frac{0.42(1-0.42)}{(\frac{0.05}{2.58})^2}=648.599$

And rounded up we have that n=649

5 0

3 years ago

If the length of each side of a cuboid decreases by 20%, find the percentage decrease in its volume.

just olya [345]

Answer:

Step-by-step explanation:

(1+25 /100) (1-20/100) (1-50/100) <1

5/4 x 4/5 x 1/2 <1

Decrease in volume (in percent)

(1+25 /100) (1-20/100) (1-50/100) x 100

=48.8%

6 0

2 years ago

2,5, 25/2, ... find the 10th term

notka56 [123]

Answer:

The $10^{th}$ term of the given sequence

$t_{10} = \frac{5^{9} }{2^{8} }$

Step-by-step explanation:

Step(i):-

Given sequence 2 , 5, $\frac{25}{2}$

First term a = 2

The difference of given geometric sequence

$d = \frac{r_{2} }{r_{1} } = \frac{5}{2}$

Step(ii):-

The $n^{th}$ term of the given sequence

$t_{n} = ar^{n-1}$

The $10^{th}$ term of the given sequence

$t_{10} = (2)(\frac{5}{2} )^{10-1}$

$t_{10} = (2)(\frac{5}{2} )^{9}= \frac{5^{9} }{2^{8} }$

8 0

3 years ago

The Human Resources manager at a company records the length

luda_lava [24]

Answer:

the correct answer is 0.84

give brainliest plzzz

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3 years ago

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Makovka662 [10]

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2 years ago