Relative frequency is the value assigned to each class in the proportion of the total data set that belongs in the class.
Relative frequency formula is :
--------------------(1)
So for class 0 to 5 miles we have 247 fans. So this class frequency is 247.
Total fans surveyed is 500
So plug these values in relative frequency formula given by (1)
relative frequency = 
On simplifying we get
relative frequency = 0.494
So choice (c) 0.494 is the right answer
1.64 euros times by 400 pounds is 656 euros
First of 30% of 2500kcal is 750kcal
if a male consumes 2.5 kcal then 750kcal / 2.5kcal = 300
but then we would need to know how many wheat are on one hectare of land.
Answer:
Cross price elasticity using midpoint method = 0.56
Step-by-step explanation:
Using the mid-point method
Cross-price Elasticity of Demand = <u>% change in Quantity demanded of UPS</u>
% change of price of FedEx
%change in Quantity demanded of UPS
using Mid-point method = <u> Q2-Q1 </u> × 100
(Q1+Q2)÷ 2
= <u>1.3-1.2 </u> × 100
(1.2+1.3)÷2
= <u>0.1 </u> × 100
1.25
= 8%
% change in price of FedEx
using midpoint method =<u> P2-P1 </u>× 100
(P1+P2)÷ 2
=<u> 75-65 </u>× 100
(65+75)÷2
=<u> 10 </u> × 100
70
= 14.28%
Cross-price Elasticity of Demand = 8% ÷ 14.28%
using midpoint method = 0.56