Answer:
8
Step-by-step explanation:
Answer:
The coefficient of variation after the tax is imposed is 0.033
Step-by-step explanation:
Given
--- mean
--- variance

Required
The coefficient of variation
The coefficient of variation is calculated using:

After the tax, the new mean is:



And the new variance is:



So, we have:




Answer:
when you have two fractions that equal each other you want to solve by using cross multiply
What cross multiply is, is when you multiply diagonally so:
8/x=14/7
you would take 14*x and 8*7
14x=56 (you would then divide each side by 14)
x=4 (14/14=1, 56/14=4)
8/4=14/7
To check your work you could simplify
8/4=2
14/7=2
2=2, which is true
x=4
Hope this helps ;)
It would be 40•.25=10 which means 40-10=30 so it’d be .25 and you’d move the decimal over 2 spots so it’d be 25% off