3. The annual number of burglaries in a town rose by 50% in 2012 and fell by 10% in 2013. Hence the total number of burglaries increased by 40% over the two- year period. a. What is the mistaken assumption here? b. Why is that assumption incorrect? c. By what percent has the number of burglaries actually changed in the two-year period? show calculation d. By what percent would the crime have to decrease in the second year in order for the change over the two-year period to actually be a 40% increase? Round to nearest 10th percent (ex-decimal .05873 is 5.873% to one decimal is 5.9%) show calculation

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
3. The annual number of burglaries in a town rose by 50% in 2012 and fell by 10%
in 2013. Hence the total number of burglaries increased by 40% over the two-
year period.
a. What is the mistaken assumption here?
b. Why is that assumption incorrect?
c. By what percent has the number of burglaries actually changed in the
two-year period? show calculation
d.
By what percent would the crime have to decrease in the second year in
order for the change over the two-year period to actually be a 40%
increase? Round to nearest 10th percent (ex-decimal .05873 is 5.873% to
one decimal is 5.9%) show calculation
Transcribed Image Text:3. The annual number of burglaries in a town rose by 50% in 2012 and fell by 10% in 2013. Hence the total number of burglaries increased by 40% over the two- year period. a. What is the mistaken assumption here? b. Why is that assumption incorrect? c. By what percent has the number of burglaries actually changed in the two-year period? show calculation d. By what percent would the crime have to decrease in the second year in order for the change over the two-year period to actually be a 40% increase? Round to nearest 10th percent (ex-decimal .05873 is 5.873% to one decimal is 5.9%) show calculation
4. A store is currently offering a 60% discount on all items purchased. Your cashier
is trying to convince you to open a store credit card and says to you, "In addition
to the 60% discount you are receiving for purchasing these items on sale today,
you will get an additional 20% off for opening a credit card account. That means
you are getting 80% off!"
a. What is the mistaken assumption here?
b. Why is that assumption incorrect?
c. If you did truly have 80% discount, explain what should happen when
you go to the counter to buy $500 worth of items? show calculation
d. If you got your 60% discount and opened the card for an additional 20%,
what is the actual % discount you would receive? show calculation
e. Is it better to apply the 60% discount first or the 20% discount first? show
calculation
Transcribed Image Text:4. A store is currently offering a 60% discount on all items purchased. Your cashier is trying to convince you to open a store credit card and says to you, "In addition to the 60% discount you are receiving for purchasing these items on sale today, you will get an additional 20% off for opening a credit card account. That means you are getting 80% off!" a. What is the mistaken assumption here? b. Why is that assumption incorrect? c. If you did truly have 80% discount, explain what should happen when you go to the counter to buy $500 worth of items? show calculation d. If you got your 60% discount and opened the card for an additional 20%, what is the actual % discount you would receive? show calculation e. Is it better to apply the 60% discount first or the 20% discount first? show calculation
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman