Find selling price that will result in weekly revenues
When the popular brand of CD player is priced at $325 per unit, the store sells 15 units per week. Every time price is decreased by $10, though, sales increase by 2 per week. Find selling price that will result in weekly revenues of $7595?
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A bank manager wanted to determine the mean number of transactions businesses make per month. For a sample of 55 businesses, he found that mean number of transaction per month to be 32 and the standard deviation to be 7.5 transactions.
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Every time price is decreased by $10, though, sales increase by 2 per week. Find selling price that will result in weekly revenues of $7595?
The ages of ten students are listed in years:{ 17,22,19,24,21,23,29,18,22,28 } Compute the mean, median, mode, sample variance, and range.
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