Answer:
Step-by-step explanation:

Answer: 0.1
Step-by-step explanation:
Given : A Houston department store sampled 80 items sold in January and found that 8 of the items were returned.
In other words, sample size : <em>n</em>=1040
Number of items returned : <em>x</em>= 8
Let <em>p</em> be the proportion of items returned for the population of sales transactions at the Houston store.
As per sample , the sample proportion of items returned for the population of sales transactions at the Houston store is :

As we know that , <em>the sample proportion is the best estimate of the population proportion.</em>
Therefore,a point estimate of the proportion of items returned for the population of sales transactions at the Houston store is 0.1.
Answer:
Step-by-step explanation:
40(12/100)
480/100
$4.80
Answer: 6.8%
Step-by-step explanation:
We need to find both percentage so we can determine the increase.
Finding percentage of $10 return: 1% return
Finding percentage of $78 return: 7.8% return
To find the percent increase we do 7.8%-1.0% = 6.8%