Answer:
Step-by-step explanation:
Answer:
314
Step-by-step explanation:
c = 100(3.14)
c = 314
Answer: 60.93 < μ < 69.07
Step-by-step explanation: The true mean of a set of data is between an interval of values with a percentage of precision, e.g., a <u>99% confidence interval</u> means we are 99% confident the true mean is between the lower and upper limits.
To find the interval, use
x±
z is z-score related to the % of confidence level
In this case, a 99% confidence interval is 2.576
x is sample mean
Calculating:

x = 65
65±
65±4.07
Confidence Interval: 60.93 < μ < 69.07
Meaning that we are 99% sure the population means is between 60.93 and 69.07.
Let
be the most the manager can pay the suppliers.
Then, we know from the information given in the question that the manager needs a 30% markup based on cost.
Therefore, the guiding equation will be:

because $10 is the most people will pay for a neck warmer.
Thus, the above equation will become:




Thus, the most a manager can pay the suppliers for neck warmers and still keep the selling price at $10 is $7.69
Answer: 1/3
Step-by-step explanation:
6 + 16 + 14 - 27 = 1/3