In order to find the markdown, take the lowered price and place it in a fraction as the numerator, and the initial price as the denominator. This looks like:

$\frac{828.75}{975}$

with this fraction, we're going to multiply it by 100, with an equation looking like this,

$\frac{828.75}{975}$ × $\frac{100}{1}$

once we multiply(typically using a calculator, though manually is possible of course) we get 85.

In order to find the markdown price however, we need to subtract 85 from 100, getting 15. This is the markdown price, because it's the percentage of the initial whole that the price went down by. Can check by finding 15% of 975, which is 828.75

3 0

3 years ago

In a study comparing various methods of gold plating, 7 printed circuit edge connectors were gold-plated with control-immersion

S_A_V [24]

Answer:

99% confidence interval for the difference between the mean thicknesses produced by the two methods is [0.099 μm , 0.901 μm].

Step-by-step explanation:

We are given that in a study comparing various methods of gold plating, 7 printed circuit edge connectors were gold-plated with control-immersion tip plating. The average gold thickness was 1.5 μm, with a standard deviation of 0.25 μm.

Five connectors were masked and then plated with total immersion plating. The average gold thickness was 1.0 μm, with a standard deviation of 0.15 μm.

Firstly, the pivotal quantity for 99% confidence interval for the difference between the population mean is given by;

P.Q. = $\frac{(\bar X_1-\bar X_2)-(\mu_1-\mu_2)}{s_p\sqrt{\frac{1}{n_1}+\frac{1}{n_2} } }$ ~ $t__n__1+_n__2-2$

where, $\bar X_1$ = average gold thickness of control-immersion tip plating = 1.5 μm

$\bar X_2$ = average gold thickness of total immersion plating = 1.0 μm

$s_1$ = sample standard deviation of control-immersion tip plating = 0.25 μm

$s_2$ = sample standard deviation of total immersion plating = 0.15 μm

$n_1$ = sample of printed circuit edge connectors plated with control-immersion tip plating = 7

$n_2$ = sample of connectors plated with total immersion plating = 5

Also, $s_p=\sqrt{\frac{(n_1-1)s_1^{2}+(n_2-1)s_2^{2} }{n_1+n_2-2} }$ = $\sqrt{\frac{(7-1)\times 0.25^{2}+(5-1)\times 0.15^{2} }{7+5-2} }$ = 0.216

Here for constructing 99% confidence interval we have used Two-sample t test statistics as we don't know about population standard deviations.

So, 99% confidence interval for the difference between the mean population mean, ( $\mu_1-\mu_2$ ) is ;

P(-3.169 < $t_1_0$ < 3.169) = 0.99 {As the critical value of t at 10 degree of

freedom are -3.169 & 3.169 with P = 0.5%}

P(-3.169 < $\frac{(\bar X_1-\bar X_2)-(\mu_1-\mu_2)}{s_p\sqrt{\frac{1}{n_1}+\frac{1}{n_2} } }$ < 3.169) = 0.99

P( $-3.169 \times {s_p\sqrt{\frac{1}{n_1}+\frac{1}{n_2} } }$ < ${(\bar X_1-\bar X_2)-(\mu_1-\mu_2)}$ < $3.169 \times {s_p\sqrt{\frac{1}{n_1}+\frac{1}{n_2} } }$ ) = 0.99

P( $(\bar X_1-\bar X_2)-3.169 \times {s_p\sqrt{\frac{1}{n_1}+\frac{1}{n_2} } }$ < ( $\mu_1-\mu_2$ ) < $(\bar X_1-\bar X_2)+3.169 \times {s_p\sqrt{\frac{1}{n_1}+\frac{1}{n_2} } }$ ) = 0.99

99% confidence interval for ( $\mu_1-\mu_2$ ) =

[ $(\bar X_1-\bar X_2)-3.169 \times {s_p\sqrt{\frac{1}{n_1}+\frac{1}{n_2} } }$ , $(\bar X_1-\bar X_2)+3.169 \times {s_p\sqrt{\frac{1}{n_1}+\frac{1}{n_2} } }$ ]

= [ $(1.5-1.0)-3.169 \times {0.216\sqrt{\frac{1}{7}+\frac{1}{5} } }$ , $(1.5-1.0)+3.169 \times {0.216\sqrt{\frac{1}{7}+\frac{1}{5} } }$ ]

= [0.099 μm , 0.901 μm]

Therefore, 99% confidence interval for the difference between the mean thicknesses produced by the two methods is [0.099 μm , 0.901 μm].

6 0

3 years ago

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