The markup percentage is 45.14%
Step-by-step explanation:
The given is:
- The selling price of a box of crackers is $1.75
- You mark the crackers up to $2.54
We need to find the markup percentage
The markup percentage =
× 100%
∵ The selling price of a box of crackers is $1.75
∴ Old = 1.75
∵ You mark the crackers up to $2.54
∴ New = 2.54
- Substitute these values in the rule above
∵ The markup percentage =
× 100%
∴ The markup percentage =
× 100%
∴ The markup percentage = 0.4514 × 100%
∴ The markup percentage = 45.14%
The markup percentage is 45.14%
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Answer:
Step-by-step explanation:
a) Sample statistics are used to estimate population value. Since 48% is a sample proportion, therefore, it is a sample statistic.
b) For 95% confidence level, z* = 1.96.
\hat{p}\pm z^* \sqrt{\frac{\hat{p}(1-\hat{p})}{n}}= 0.61\pm 0.61\sqrt{\frac{0.61(1-0.61)}{1578}}=0.61\pm 0.024 \ or (0.586, 0.634).
We are 95% confident that the true proportion of US residents who think marijuana should be made legal lies between 58.6% and 63.4%.
c)
\\np=1578(0.61)=962.58
\\n(1-p)=1578(1-0.61)=615.42
Since both np and n(1-p), are at least 10, the normal model is a good approximation for these data.
d) As the lower limit of confidence interval is less than 0.5, less than 50% population is also a plausible value of true proportion. This means the statement "Majority of Americans think marijuana should be legalized" is not justified.
Answer:
(2, 11/2)
Step-by-step explanation:
This is a vertical parabola; we know that because x is squared here, while y is not. The standard equation of a vertical parabola with vertex (h,k) is
4p(y-k) = (x-h)^2, where p is the distance between the vertex and the focus. Comparing
4p(y-k) = (x-h)^2 to
10(y-3) = (x-2)^2, we see that 4p = 10. Therefore, p = 10/4 = 5/2, which is the vertical distance between the focus and the vertex.
Since the coordinates of the vertex are easily read from the given equation
(x-2)^2=10(y-3): (h,k) = (2, 3)
all we need to do is to add p (5/2) to the y-coordinate (3);
The focus is at (2, 3 + 5/2), or (2, 11/2).
Answer:
Diameter of pound = 10 yd
Step-by-step explanation:
Given area of circular pond = 78.5 square yd
To find the diameter of the pond.
Solution:
The pond being circular in shape, the area of pond can be given as:
⇒ 
where
represents radius of the pond.
Thus, we have:
⇒ 
Using 
⇒ 
Solving for 
Dividing both sides by 3.14
⇒ 
⇒ 
Taking square root both sides.
⇒ 
⇒ 
So, radius = 5 yd, as distances are always positive.
Diameter = 
Thus, diameter of pound = 10 yd