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16. Studies show that about 18 percent of all busi- nesses in the United States are minority-owned. Brian lives in Centerville, a town with a popula- tion of 25,000 and 200 businesses. Assuming that the national percentage holds true for the businesses in Centerville, how many of these are minority-owned?

16. Studies show that about 18 percent of all busi- nesses in the United States are minority-owned. Brian lives in Centerville, a town with a popula- tion of 25,000 and 200 businesses. Assuming that the national percentage holds true for the businesses in Centerville, how many of these are minority-owned?

Principles Of Marketing
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Business Math 16. Studies show that about 18 percent of all busi- nesses in the United States are minority-owned. Brian lives in Centerville, a town with a popula- tion of 25,000 and 200 businesses. Assuming that the national percentage holds true for the businesses in Centerville, how many of these are minority-owned? 17. Businesses owned by women increased from 1.76 million to 3.75 million between the years of 1976 and 2000. Calculate the percentage rate that women-owned businesses increased during this time period. 24 Chapter 1
Transcribed Image Text:Business Math 16. Studies show that about 18 percent of all busi- nesses in the United States are minority-owned. Brian lives in Centerville, a town with a popula- tion of 25,000 and 200 businesses. Assuming that the national percentage holds true for the businesses in Centerville, how many of these are minority-owned? 17. Businesses owned by women increased from 1.76 million to 3.75 million between the years of 1976 and 2000. Calculate the percentage rate that women-owned businesses increased during this time period. 24 Chapter 1
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