Answer:
0
Step-by-step explanation:
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Complete question :
A pair of $36 jeans were on sale at Jim's Jeans for 1/3 off. The same pair of jeans were $42 at David's Denims. The jeans were on sale for 2/3 off.
A.) which store had the better buy
B.) how much will you pay at the store that has the better buy
Answer:
A.)David's denim has the better buy
B.) $14
Step-by-step explanation:
Jim's Jean store :
Cost of Jean = $36
Discount = 1/3 off
Discounted cost = $36 - (1/3 * $36)
Discounted cost = $36 - $12 = $24
David's Denim:
Cost of Jean = $42
Discount = 2/3 off
Discounted cost = $42 - (2/3 * $42)
Discounted cost = $42 - $28 = $14
David's denim has the better buy with a discounted price lower than the discounted price at Jim's store.
Cost at store with the better buy is $14
The general formula for the margin of error would be:
z * √[p (1-p) ÷ n]
where:
z = values for selected confidence level
p = sample proportion
n = sample size
Since the confidence level is not given, we can only solve for the
<span>√[p (1-p) ÷ n] part.
</span>
p = 44/70
n = 70
√[44/70 (1 - (44/70) ÷ 70]
√[0.6286 (0.3714)] ÷ 70
√0.2335 ÷ 70
√0.0033357 = 0.05775 or 0.058 Choice B.
