Francis earned a weekly salary of $475 plus a 5.5% commission on sales how much would he earn in a week if he saw $700 in goods
1 answer:
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Answer:
x= -
Step-by-step explanation:
First move the x on the right side the the left side. Now your equation is
2x+=
Next move 1/2 to the right side. Now your equation is 4x=
. Next divide both sides by 4 to isolate "x." Now your equation is x= -
Hope this helped and have a great day.
(brainliest please)
Answer:
There is a 95% probability that the portfolio would not loose more than 30% of its value.
Step-by-step explanation:
The confidence interval for proportions (<em>p</em>) is:
The information provided is:
For 95% confidence level the critical value of <em>z</em> is:
The 95% confidence interval for average annual return is:
The lower limit of the 95% confidence interval is -28%.
This implies that the portfolio would not loose more than 28% of its value.
Thus, there is a 95% probability that the portfolio would not loose more than 30% of its value.