Answer:
The original selling price would be $ 515.87 ( approx )
Step-by-step explanation:
Let x be the original selling price ( in dollars ),
After marking down 10%,
New selling price = x - 10% of x = x - 0.1x = 0.9x
Again after marking down 30%,
Final selling price = 0.9x - 30% of 0.9x
= 0.9x - 0.3 × 0.9x
= 0.9x - 0.27x
= 0.63x
According to the question,
0.63x = 325
Hence, the original selling price would be $ 515.87.
Answer:
Q3 = 65.7825.
Step-by-step explanation:
Problems of normally distributed samples are solved using the z-score formula.
In a set with mean and standard deviation
, the zscore of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:
Find the value of the quartile Q3. (Hint: Q3 has an area of 0.75 to its left.)
This is the value of X when Z has a pvalue of 0.75. So it is X when Z = 0.675.
Q3 = 65.7825.
