Answer:
Step-by-step explanation:
4 and a half
Answer:
The proportion of piano prices higher than the electric piano is 98.3%
Step-by-step explanation:
The first thing to do here is to calculate the standard score of the price of the electric piano given.
Mathematically, this is
z-score = (x-mean)/SD
where mean is 3000 and SD is 200, x is 2576
z-score = (2576-3000)/200 = -2.12
Now we proceed to calculate the probability of this z-score
The probability we are trying to calculate is
P( x > $2576) or simply P ( z > -2.12)
Using standard score probability calculator or table, we have
P(x>2576) = 1 - P(x<2576)
But, P(x<2576) = 0.017003
P(x>2576) = 1 - P(x<2576) = 0.983
This is same as 98.3%
If a number equals the same number, there are infinite solutions
Example: 5=5, which is true, so there are infinite solutions
If a number equals a different number, there are no solutions
Example: 5=2, which isn’t true
Answer:
5. Profit of Rs 1 per lemon
6. Rs 20
Step-by-step explanation:
5. Buy Rs 60 per 12 lemons = Rs 5 per lemon
Sell Rs 30 per 5 lemons = Rs 6 per lemon
Profit Rs 1 per lemon
6. Sell Rs 2500 per 100 pens = Rs 25 per pen
Profit per pen is 20% = (20/100)25 = 5
Cost price of a pen = 25 - 5 = 20
