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3 years ago

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A.) A $135 pair of shoes is on sale for 40% off. If the sales tax is 8%, what is the final price of the shoes? The shoes will co

st ______
b. A $35 jacket was markup by the store by 27%. What is the selling price of the jacket? The jacket will cost ______.

1 answer:

Reil [10]3 years ago

5 0

Answer:

a is 87.48.

Step-by-step explanation:

135x0.40=54

135-54=81

81x1.08= 87.48

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Because of staffing decisions, managers of the Gibson-Marion Hotel are interested in the variability in the number of rooms occu

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Answer:

a) $s^2 =30^2 =900$

b) $\frac{(19)(30)^2}{30.144} \leq \sigma^2 \leq \frac{(19)(30)^2}{10.117}$

$567.28 \leq \sigma^2 \leq 1690.224$

c) $23.818 \leq \sigma \leq 41.112$

Step-by-step explanation:

Assuming the following question: Because of staffing decisions, managers of the Gibson-Marimont Hotel are interested in the variability in the number of rooms occupied per day during a particular season of the year. A sample of 20 days of operation shows a sample mean of 290 rooms occupied per day and a sample standard deviation of 30 rooms

Part a

For this case the best point of estimate for the population variance would be:

$s^2 =30^2 =900$

Part b

The confidence interval for the population variance is given by the following formula:

$\frac{(n-1)s^2}{\chi^2_{\alpha/2}} \leq \sigma^2 \leq \frac{(n-1)s^2}{\chi^2_{1-\alpha/2}}$

The degrees of freedom are given by:

$df=n-1=20-1=19$

Since the Confidence is 0.90 or 90%, the significance $\alpha=0.1$ and $\alpha/2 =0.05$ , the critical values for this case are:

$\chi^2_{\alpha/2}=30.144$

$\chi^2_{1- \alpha/2}=10.117$

And replacing into the formula for the interval we got:

$\frac{(19)(30)^2}{30.144} \leq \sigma^2 \leq \frac{(19)(30)^2}{10.117}$

$567.28 \leq \sigma^2 \leq 1690.224$

Part c

Now we just take square root on both sides of the interval and we got:

$23.818 \leq \sigma \leq 41.112$

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