Lily spent $73.94 on an e-reader. If the original price was $69.95, what
1 answer:
You might be interested in
Answer:
The Sample size is 1918.89035
Step-by-step explanation:
Consider the provided information.
It is given that 14 out of 105 samples failed.
Therefore p = 14/105 = 0.13 3... and q=1-0.133=0.867
Samples would be needed to create a 99 percent confidence interval.
Subtract the confidence level from 1, then divide by two.
By standard normal table z=2.5758≈2.58
Calculate the sample size as:
Where, e is the margin of error,
Substitute the respective values.
Hence, the Sample size is 1918.89035
Answer:
30.31%
Step-by-step explanation:
Mark up on selling price is given by markup*100%/selling price
In this case, markup is given as $870 while the selling price is $2870 hence the percentage of narkup to selling price will be given by
Therefore, the percentage of markup to selling price is approximately 30.31%