Answer:
The unit price of an item is the cost for each unit.
The unit price may be calculated for several reasons.
It will allow an easy comparison of the cost of the same quantity of items that come in different sizes.
For example, Company A sells peaches in a can. Their can holds 16 oz of peaches at a price of $1.60. Company B also sells peaches in a can, but their can holds 10 oz of peaches at a price of $1.10. At first glance, Company B looks like they might have cheaper peaches because of the lower overall price, but when you calculate the unit price, you get a more accurate way to compare.
For Company A, $1.60 ÷ 16oz = $0.10 per ounce.
For Company B, $1.10 ÷ 10oz = $0.11 per ounce.
The peaches are measured with ounces as the unit, so now that we have unit prices, we can definitely tell that Company A is the better deal, if you like peaches!
Unit price can also be helpful to find the cost of a single item when many items are purchased together. This may be required if the items are going to be divided up and resold. It could also be useful if several people will pay together with each person paying their fair share of the cost based on how many items they receive.
Step-by-step explanation:
Answer:
- 4/15
Step-by-step explanation:
Just take 4 and 15 make that a fraction make the fraction a negative not the 15 because they will be the same thing no matter where you place it
Answer:
Yes, he would take the same decision.
Step-by-step explanation:
Consequently, because the decision is taken on the test based on the use of alpha equals 0.025, the p-value of the test must have been greater than the given amount of importance that is 0.025 since the test is not applicable to us. So, p > 0.025.
If we know that p > 0.025, that would not mean p > 0.1 as well, because we do not know with the details given he had to make the same decision for 0.1 degree of meaning.
As for the 0.01 significance point, we 're sure p > 0.01 is greater than 0.025, so the test does not matter.