Loose Leaf for Statistical Techniques in Business and Economics
Loose Leaf for Statistical Techniques in Business and Economics
17th Edition
ISBN: 9781260152647
Author: Douglas A. Lind
Publisher: McGraw-Hill Education
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Chapter 17, Problem 4E
To determine

Find the percent that has the cost of chicken increased.

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Slave Lake Mining sold 34,000 oz of gold in Year 1 at an average price of $1160 per oz. As a result of a strike, production was down in Year 2 to 23,750 oz but the average price per ounce rose to $1280. What was the percent change from Year 1 to Year 2 in the revenue from the sale of the gold? Is this a gain or loss? Answer to the nearest .01%.
Suppose that an actuary for an insurance company found that the life expectancy of people (living in Country A) is 78 (SD = 5). What percent of people living in this country will die before the age of 85? Enter a two-digit number ONLY without the percent sign ("%"). Round to the closest whole number.
Alana has been keeping an eye on an emerald ring she likes. Its original price was $9,120. After being marked down for a clearance sale, it is now $6,384. By what percent has the price of the ring gone down?
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