STATISTICAL TECHNIQUES AND TOOLS
MEASURES OF VARIABILITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The data set below represents the different costs of a game at an electronic store.$32, $47, $121, $96, $49, $81, $56What is the MINIMUM price?
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$28
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$32
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$49
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$23
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Explanation:
Detailed explanation-1: -Step 1: Convert the percent discount to a decimal by dividing by 100% . Step 2: Set up the equation P=(1−d)x P = ( 1 − d ) x to find the original price of the item where P is the sale price, d is the discount as a decimal, and x is the original price of the item.
Detailed explanation-2: -100 with a 20% discount, you can calculate the original price as follows: Original Price = Rs80 / (1-0.2) = Rs. 100.
There is 1 question to complete.