The answer is D. 100%
Markup is the amount added to the total cost of product to cover the total overheads and profit.
In markup based on selling price method, the selling price is considered as the endpoint that companies wanted to achieve, (100%) and the markup will be adjusted to cater into thaat equation.

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4 years ago

A Starbucks coffee shop serves an average of 3500 customers per day, with a standard deviation of 250. What is the probability t

castortr0y [4]

Answer:

$P(3300$

And we can find this probability with this difference:

$P(-0.8$

Step-by-step explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".

Solution to the problem

Let X the random variable that represent the amount of cofee shops of a population, and for this case we know the distribution for X is given by:

$X \sim N(3500,250)$