Answer:
Fell by 25%
Step-by-step explanation:
+20% January
-20% February (20-20 is zero, so we're back to the original price we started at here)
+25% March
?? April
Currently, we are 25% more than what we had, so to get back to normal, the price needs to go down by 25 percent. This will put us back to zero. Put another way...
+20%-20%+25%-25%=0% (Original Price)
For the price per acre do 237,000 / 15 = $15800 per acre
$18.25 is the hourly rate because half of $12.50 is $6.25 and if you add that you will get the hourly range which is $18.25.So 18.25 is 1 and 1/2 of $12.50.
Answer:
(a) 7.6%
(b) 46.2% 42.4%
Step-by-step explanation:
(a)According to the definition of Continuous probability distribution
⇒ 0.19 × 0.4 = F(69.2) - F(68.8)
⇒ F(69.2) - F(68.8) = 0.076
⇒ 7.6%
(b) Given F(69) = 0.5
⇒ 0.19 × 0.2 = F(69) - F(68.8)
⇒ F(68.8) = 0.5 - 0.038 = 0.462
⇒ 46.2%
⇒ 0.19 × 0.4 = F(69) - F(68.8)
⇒ F(68.8) = 0.5 - 0.076 = 0.424
⇒ 42.4%
