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RUDIKE [14]
3 years ago
12

The selling price of a refrigerator is $948.75. If the markup is 25% of the dealer's cost, what is the dealer's cost of the refr

igerator?
Mathematics
1 answer:
Andrew [12]3 years ago
4 0

Answer:

$1185.9375

Step-by-step explanation:

948.75+237.1875= 1185.9375

Divide $948.75 by 4 and its 237.1875

Next add the two together and you get your answer!

Easy!

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According to the Knot, 22% of couples meet online. Assume the sampling distribution of p follows a normal distribution and answe
Ann [662]

Using the <em>normal distribution and the central limit theorem</em>, we have that:

a) The sampling distribution is approximately normal, with mean 0.22 and standard error 0.0338.

b) There is a 0.1867 = 18.67% probability that in a random sample of 150 couples more than 25% met online.

c) There is a 0.2584 = 25.84% probability that in a random sample of 150 couples between 15% and 20% met online.

<h3>Normal Probability Distribution</h3>

In a normal distribution with mean \mu and standard deviation \sigma, the z-score of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

  • It measures how many standard deviations the measure is from the mean.
  • After finding the z-score, we look at the z-score table and find the p-value associated with this z-score, which is the percentile of X.
  • By the Central Limit Theorem, for a proportion p in a sample of size n, the sampling distribution of sample proportion is approximately normal with mean \mu = p and standard deviation s = \sqrt{\frac{p(1 - p)}{n}}, as long as np \geq 10 and n(1 - p) \geq 10.

In this problem:

  • 22% of couples meet online, hence p = 0.22.
  • A sample of 150 couples is taken, hence n = 150.

Item a:

The mean and the standard error are given by:

\mu = p = 0.22

s = \sqrt{\frac{p(1 - p)}{n}} = \sqrt{\frac{0.22(0.78)}{150}} = 0.0338

The sampling distribution is approximately normal, with mean 0.22 and standard error 0.0338.

Item b:

The probability is <u>one subtracted by the p-value of Z when X = 0.25</u>, hence:

Z = \frac{X - \mu}{\sigma}

By the Central Limit Theorem:

Z = \frac{X - \mu}{s}

Z = \frac{0.25 - 0.22}{0.0338}

Z = 0.89

Z = 0.89 has a p-value of 0.8133.

1 - 0.8133 = 0.1867.

There is a 0.1867 = 18.67% probability that in a random sample of 150 couples more than 25% met online.

Item c:

The probability is the <u>p-value of Z when X = 0.2 subtracted by the p-value of Z when X = 0.15</u>, hence:

X = 0.2:

Z = \frac{X - \mu}{s}

Z = \frac{0.2 - 0.22}{0.0338}

Z = -0.59

Z = -0.59 has a p-value of 0.2776.

X = 0.15:

Z = \frac{X - \mu}{s}

Z = \frac{0.15 - 0.22}{0.0338}

Z = -2.07

Z = -2.07 has a p-value of 0.0192.

0.2776 - 0.0192 = 0.2584.

There is a 0.2584 = 25.84% probability that in a random sample of 150 couples between 15% and 20% met online.

To learn more about the <em>normal distribution and the central limit theorem</em>, you can check brainly.com/question/24663213

4 0
2 years ago
S = c + 9 <br> Literal Equations
Bad White [126]
What about that??? I don't what to solve for
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2 years ago
Celine is estimating the number of tiles in a mosaic. There are 7 different colors, and 1,1725 tiles of each color. What should
vladimir2022 [97]
There should be about 82,075 tiles.
5 0
2 years ago
Can anyone tell me if these answers are right?
k0ka [10]

Answer:

Ummm. 1 & 3 look good double check 2

Step-by-step explanation:

HELPFUL?

8 0
3 years ago
Jodi bought a new sofa for $1,430, including finance charge. She made down payment of $130 and paid off the balance in 18 months
m_a_m_a [10]
The finance Charge would be $140. you would multiply 18 by 80 and then add the 130 and take that number and subtract the 1,430
6 0
2 years ago
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