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Answer:
3 x + 24
Step-by-step explanation:
What? Sorry can’t understand
<h3>Answer: B) 31.348</h3>
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Work Shown:
We will never use the alpha = 0.05 value when computing the test statistic. So we can ignore alpha for this particular problem.
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n = 40 is the sample size.
s = 2.6 is the sample standard deviation
= sigma = 2.9 is the population standard deviation (ie the claimed standard deviation for all the pay phones)
Test Statistic for chi-square
Answer:
The markup amount is $14 and the retail price is $49.
Step-by-step explanation:
You can use the following formula to find the retail price with the information provided:
Retail price=Cost*(100%+markup %)
Cost=35
Markup %= 40%
Now, you can replace the values in the formula:
Retail price=35*(140%)
Retail price=49
Now, you can subtract the cost from the retail price to find the markup amount:
49-35=14
According to this, the answer is that the markup amount is $14 and the retail price is $49.
