Answer: Anna could buy 5 sweatshirts for $75.
Step-by-step explanation:
lets figure out the price of one sweatshirt.
45/3 = 15
one sweatshirt is $15
5*15=75
so 5 sweatshirts cost $75
Answer:
a.0.8664
b. 0.23753
c. 0.15866
Step-by-step explanation:
The comptroller takes a random sample of 36 of the account balances and calculates the standard deviation to be N42.00. If the actual mean (1) of the account balances is N175.00, what is the probability that the sample mean would be between
a. N164.50 and N185.50?
b. greater than N180.00?
c. less than N168.00?
We solve the above question using z score formula
z = (x-μ)/σ/√n where
x is the raw score,
μ is the population mean = N175
σ is the population standard deviation = N42
n is random number of sample = 36
a. Between N164.50 and N185.50?
For x = N 164.50
z = 164.50 - 175/42 /√36
z = -1.5
Probability value from Z-Table:
P(x = 164.50) = 0.066807
For x = N185.50
z = 185.50 - 175/42 /√36
z =1.5
Probability value from Z-Table:
P(x=185.50) = 0.93319
Hence:
P(x = 185.50) - P(x =164.50)
= 0.93319 - 0.066807
= 0.866383
Approximately = 0.8664
b. greater than N180.00?
x > N 180
Hence:
z = 180 - 175/42 /√36
z = 5/42/6
z = 5/7
= 0.71429
Probability value from Z-Table:
P(x<180) = 0.76247
P(x>180) = 1 - P(x<180) = 0.23753
c. less than N168.00?
x < N168.
z = 168 - 175/42 /√36
z = -7/42/6
z = -7/7
z = -1
Probability value from Z-Table:
P(x<168) = 0.15866
Answer:
The probability that the yellow M&M came from the 1994 bag is 0.07407 or 7.407%
Step-by-step explanation:
Given
Before 1995
(Br) Brown = 30%
(Y) Yellow = 20% =0.2
(R) Red = 20%
(G) Green =10% =0.1
(O) Orange = 10%
(T) Tan = 10%
After 1995
(Br) Brown = 13%
(Y) Yellow = 14% =0.14
(R) Red = 13%
(G) Green = 20%
= 0.2
(O) Orange = 16%
(Bl) Blue = 24%
Since there are two bags, let A be the bag from 1994, and B be the bag from 1996
Then let AY imply we drew a yellow M&M from the 1994 bag
AG implies we drew a green M&M from the 1994 bag
BY implies imply we drew a yellow M&M from the 1996 bag
BG implies we drew a green M&M from the 1996 bag
P(AY) =0.2
P (BY) = 0.14
P(AG) =0.1
P(BG) =0.2
Since the draws from the 1994 and 1996 bag are independent,
therefore

The draws can happen in either of the 2 ways in (1) and (2) above
therefore total probability E is given as
E =
For the yellow one to be from 1994, it implies that the event to be chosen is

Since the total probability is given as E=0.054
then 
Concluding statement: This is the condition for the Yellow one to come from 1994 and green from 1996 provided that they obey the condition from E
The break-even point occurs when the cost function equals the revenue function: 550 + 3.00x = 5.50x
Naturally Made needs to sell 220 products to break even
The cost or revenue when it sells the break-even number of products will be $1,210
Answer: 50%
Step-by-step explanation:
In 2010, there were only 2 bike manufacturers and they had market shares of 30% and 70%.
A new manufacturer joins the market and captures 10% of the market share and Splendor increases to 40% of market share.
Market shares:
Yamaha = 10%
Splendor = 40%
Passion = 100% - 10% - 40%
= 50%