Hey!
You can make a proportion:

Cross multiply

Divide by 2

<em>5 pounds would cost $10.50</em>
Good luck and hope this helps! :)
Answer:
Step-by-step explanation:
Sample proportion p is the proportion of favourable numbers to total number in the sample
By central limit theorem and also approximation of binomial to normal , we have sample proportion for large number of samples will be normal
with mean = sample proportion
and std deviation = 
Thus we find standard deviation of proportion sample is inversely proportional to the square of the sample size n.
It follows automatically that as sample size increases std deviation decreases.
Here from 80 sample size was made to 200
So std deviation would decrease automatically
Total commission that Lamar got is:
6.5/100×785,000
=$51,025
Amount that Lamar split with his broker:
40/100×51025
=$20410
Amount that brokerage split
=50/100×20410
$10205
Total amount Lamar received $10205
Answer:
8710 units
Step-by-step explanation:
<em>Step 1: Write all the data</em>
Fixed cost: $9000
Average variable cost: 9.3 per unit
Total cost: 90,000
Total units: x
<em>Step 2: Find the total variable cost</em>
Average variable cost is per unit so it has to be multiplied by the number of units to find the total variable cost.
Total variable cost = average variable cost per unit x number of units
Total variable cost = 9.3x
<em>Step 3: Make the formula for finding x</em>
Total cost = total fixed cost + total variable cost
90,000 = 9000 + 9.3x
81000 = 9.3x
x = 8709.67
Rounded off to 8710 units
!!