A toy store’s percent of markup is 35%. A model train costs the store $200. Find the markup.
1 answer:
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Answer: 2285
Step-by-step explanation:
Formula to find the sample size is given by :-
, where p = prior estimate of population proportion.
E= Margin of error.
= z-value for confidence interval of c.
Given : Confidence interval : 95%
From the z-value table , the z-value for 95% confidence interval =
The General Social Survey reported a sample where about 61% of US residents thought marijuana should be made legal.
i.e. the prior estimate of population proportion of US residents thought marijuana should be made legal : p=0.61
[∵ sample proportion is the best estimate for population proportion.]
Margin of error : E= 2%=0.02
Now, the required minimum sample size would be :-
Simplify ,
Thus , we need to survey <u>2285</u> Americans .
<h3>Answer: Choice C) 40 </h3>
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Work Shown:
Plug in x = 0
This indicates that (0,1) is on the curve. This is the y intercept.
Do the same for x = 2
So we know that (2,81) is another point on this curve.
We need to find the slope of the line through (0,1) and (2,81) to get the slope of the secant line we want.
The slope of the line through (0,1) and (2,81) is m = 40. This value of m is exactly the slope of the secant line your teacher is asking for. This is why the answer is choice C.