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3 years ago

A club raised 175% of its goal for a charity. The club raises $875. What was the goal?

Mathematics

1 answer:

charle [14.2K]3 years ago

3 0

Answer: The goal was $500

======================================================

Work Shown:

x% = x/100

175% = 175/100 = 1.75

Let g be the goal, which is the amount of money the club wanted to raise

175% of goal = 175% of g = 1.75g

The expression 1.75g represents how much money was actually raised, which was $875. Set the two expressions equal to each other. Solve for g

1.75g = 875

g = 875/1.75 ....... divide both sides by 1.75

g = 500

The club's goal was to raise $500

Note how 75% of $500 is 0.75*500 = 375

When they raised 175% of the goal, this means they went 75% overboard and added on 375 additional dollars (on top of the 500 they wanted). So they got to 500+375 = 875 which lines up with the instructions. This helps verify the answer.

Or we can see that 1.75*g = 1.75*500 = 875 which helps confirm the answer as well.

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Suppose that you had the following data set. 500 200 250 275 300 Suppose that the value 500 was a typo, and it was suppose to be

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$\bar X_B = \frac{\sum_{i=1}^5 X_i}{5} =\frac{500+200+250+275+300}{5}=\frac{1525}{5}=305$

$s_B = \sqrt{\frac{\sum_{i=1}^5 (X_i-\bar X)^2}{n-1}}=\sqrt{\frac{(500-305)^2 +(200-305)^2 +(250-305)^2 +(275-305)^2 +(300-305)^2)}{5-1}} = 115.108$

$\bar X_A = \frac{\sum_{i=1}^5 X_i}{5} =\frac{-500+200+250+275+300}{5}=\frac{525}{5}=105$

$s_A = \sqrt{\frac{\sum_{i=1}^5 (X_i-\bar X)^2}{n-1}}=\sqrt{\frac{(-500-105)^2 +(200-105)^2 +(250-105)^2 +(275-105)^2 +(300-105)^2)}{5-1}} = 340.221$

The absolute difference is:

$Abs = |340.221-115.108|= 225.113$

If we find the % of change respect the before case we have this:

$\% Change = \frac{|340.221-115.108|}{115.108} *100 = 195.57\%$

So then is a big change.

Step-by-step explanation:

The subindex B is for the before case and the subindex A is for the after case

Before case (with 500)

For this case we have the following dataset:

500 200 250 275 300

We can calculate the mean with the following formula:

$\bar X_B = \frac{\sum_{i=1}^5 X_i}{5} =\frac{500+200+250+275+300}{5}=\frac{1525}{5}=305$

And the sample deviation with the following formula:

$s_B = \sqrt{\frac{\sum_{i=1}^5 (X_i-\bar X)^2}{n-1}}=\sqrt{\frac{(500-305)^2 +(200-305)^2 +(250-305)^2 +(275-305)^2 +(300-305)^2)}{5-1}} = 115.108$

After case (With -500 instead of 500)

For this case we have the following dataset:

-500 200 250 275 300

We can calculate the mean with the following formula:

$\bar X_A = \frac{\sum_{i=1}^5 X_i}{5} =\frac{-500+200+250+275+300}{5}=\frac{525}{5}=105$

And the sample deviation with the following formula:

$s_A = \sqrt{\frac{\sum_{i=1}^5 (X_i-\bar X)^2}{n-1}}=\sqrt{\frac{(-500-105)^2 +(200-105)^2 +(250-105)^2 +(275-105)^2 +(300-105)^2)}{5-1}} = 340.221$

And as we can see we have a significant change between the two values for the two cases.

The absolute difference is:

$Abs = |340.221-115.108|= 225.113$

If we find the % of change respect the before case we have this:

$\% Change = \frac{|340.221-115.108|}{115.108} *100 = 195.57\%$

So then is a big change.

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