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Kaylis [27]
3 years ago
6

What type of connection can you make between markups and tips or taxes? What type of connection can you make between markdowns a

nd discounts? Explain your answer.
100 pts
Mathematics
1 answer:
Furkat [3]3 years ago
8 0

Answer:

Relationship between the terms could be made in terms of increase and reduction in the amount paid.

Markups, tips and taxes leads to paying more while discount and markdown leads to paying lower fees.

Markups simply means the additional amount or increase in the value a purchased good or asset.

Tips refers to a voluntary amount given to a worker at a shop, restaurant and so on.

Taxes refers to the amount paid as government dues on one's earning.

Markdown refers to the reduction or decrease in value of a good.

Discounts refers sales offer leading to the reduction in the value of a good or service

Markups, tips and taxes could be classified as additional or increased payment made, leading to more or increased spending.

Markdown and discount could be classed as a scenario where one has to pay less for a good or service.

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Answer:

a) Sample space (S) = {TR, TL, Cs}

b) Pr(Vehicle Turns) = 2/3.

Step-by-step explanation:

a) By sample space (S) we mean the list all possible outcome of an event. From the illustration in the question, only three (3) outcome is possible:

i) Vehicle Turn Right (TR)

ii) Vehicle Turn Left (TL)

iii) Continue Straight ahead (Cs)

And since the experiment consists of observing the movement of a single vehicle through the intersection, then, the sample space (S) is:

==> {TR, TL, Cs}

b) Since we are assuming that all sample points are equally likely, it imply that they have equal probability of occurring. And by probability:

Pr(TR) = 1/3

Pr(TL) = 1/3

Pr(Cs) = 1/3

Meanwhile, the question wants us to find the probability that the vehicle turns. This means, the vehicle turning either right or left. Thus;

Pr(vehicle turns) = Pr(TR) or Pr(TL) = Pr(TR) + Pr(TL)

Pr(vehicle turns) = (1/3) + (1/3) = 2/3

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Step-by-step explanation:

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