If you bought a stock last year for a price of $129, and it has gone down 5.1% since then, how much is the stock worth now, to t
1 answer:
Answer:
<em>See below.</em>
Step-by-step explanation:
First, you want to turn the percentage into a decimal. To do that, divide the percentage by 100.
Next, multiply the percentage by the price.
rounded to the nearest cent would be
.
Last, you would subtract to find the answer.
<em>Answer: $122.42</em>
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<em>:)</em>
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Answer:
Step-by-step explanation:
We are given the following in the question:
Let be the proportion of the internet sales and
be the proportion of the store sale.
Hypothesis:
We have to conduct a hypothesis to check that the Internet sales are more than 10 percent higher than store sales.
Thus, we can design the null and alternative hypothesis as:
Alternate Hypothesis:
The alternate hypothesis states that the proportion of the internet sales is greater than the proportion of store sales by 10 percent.