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%
Probably 2500 or less because they dont need that much hawks.
Te difference of 2 standard deviation of a population n1 & n2 is given by the formula:
sigma (difference)=√(sigma1/n1 + sigma2/n2), Plug:
sigma(d)= √(49/100 + 36/50)
Sigma(d=difference) =1.1
