Numbers are good at modeling quantities. However, they don’t model relationships very well. Hence, the need for additional symbo
ls like the equal sign and inequality signs to communicate comparisons. For this week’s discussion board, we hope to understand the relationships that exist in the equations above. For your initial post, consider the first equation: Cost + Markup = Selling Price. Why is this an important equation for businesses that sell products? Next, rearrange the equation to solve for ‘Markup.’ In other words, ‘Markup = …’. What is that equation saying about Markup? How is ‘Markup’ related to the other two quantities?
For your first reply post, reply to your own post and consider the second equation. What happens to the markup price as the ‘Number of Units Sold’ changes (goes up/goes down)? Explain your thinking and provide an example if it’s helpful.
For your second reply post, reply to a peer’s post and critique their thinking. Could they have explained something better? Is there something you can add to their post to make it more complete? If you cannot add to and improve their post, talk about what you liked most.
Next, rearrange the equation to solve for ‘Markup.’ In other words, ‘Markup = …’. What is that equation saying about Markup? How is ‘Markup’ related to the other two quantities?
From the equation, we are informed that Mr. Robison rides 136 miles per hour on his bike ride and that he wants to ride more than 360 miles at the same rate during his next bike ride.
The inequality that represents all possible values for b, the number of hours Mr. Robison must bike will be:
136b > 360
b > 360/136
b > 2.65
Therefore, Me Robinson must bike for more than 2.65 hours
It seems that you have missed the necessary options for us to answer this question, but anyway, here is the answer. Based on the given scenario above about what Annabelle did, the kind of statistical investigation that she performed was a SURVEY. Hope this helps.
