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3 years ago

15

A store that sells shoes buys them from a manufacturer at a wholesale price of $57. The store's markup rate is 50%. What price d

oes the store charge its customers for the shoes? *

1 answer:

kogti [31]3 years ago

4 0

The answer is $85.50

57 x 50% or 57 x .5 = 28.50

Add $28.50 to $57 and you get $85.50

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Law Incorporation [45]

Answer:

95% confidence interval for the percentage of all U.S. public high school students who are obese is [0.110 , 0.190].

Step-by-step explanation:

We are given that 15% of a random sample of 300 U.S. public high school students were obese.

Firstly, the pivotal quantity for 95% confidence interval for the population proportion is given by;

P.Q. = $\frac{\hat p-p}{\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ ~ N(0,1)

where, $\hat p$ = sample % of U.S. public high school students who were obese = 15%

n = sample of U.S. public high school students = 300

p = population percentage of all U.S. public high school students

<em>Here for constructing 95% confidence interval we have used One-sample z proportion statistics.</em>

<u></u>

<u>So, 95% confidence interval for the population proportion, p is ;</u>

P(-1.96 < N(0,1) < 1.96) = 0.95 {As the critical value of z at 2.5% level

of significance are -1.96 & 1.96}

P(-1.96 < $\frac{\hat p-p}{\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ < 1.96) = 0.95

P( $-1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ < ${\hat p-p}$ < $1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ ) = 0.95

P( $\hat p-1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ < p < $\hat p+1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ ) = 0.95

<u>95% confidence interval for p</u> = [ $\hat p-1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ , $\hat p+1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }$ ]

= [ $0.15-1.96 \times {\sqrt{\frac{0.15(1-0.15)}{300} } }$ , $0.15+1.96 \times {\sqrt{\frac{0.15(1-0.15)}{300} } }$ ]

= [0.110 , 0.190]

Therefore, 95% confidence interval for the percentage of all U.S. public high school students who are obese is [0.110 , 0.190].

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How to write 92,542 in expanded form

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