An arena receives $1,700 per event for 12 concerts. If the costs for this sponsorship total $14,000, what is the profit margin for the concert sponsorship?

Answers

Answer 1
Answer:

Answer:

total profit margin for all 12 concert is $6,400.

profit margin for all one concert is  $533.33

Step-by-step explanation:

Amount of money received for one event = $1700

Total no of concert = 12

Total money received for 12 event = Amount of money received for one event * Total no of concert

Total money received for 12 event  = $1700 *12 = $20,400

Total cost of sponsorship = $14,000

Profit margin is the difference money invested and money earned.

here total investment is $14,000

Total money earned is  $20,400

Therefore profit margin = money earned - total investment

= $20,400 -  $14,000 = $6,400

Therefore total profit margin for all 12 concert is $6,400.

However to calculate profit margin for one concert we can simply divide the total profit margin for all 12 concert by no of concert (i.e 12)

profit margin for one concert = total profit margin for all 12 concert/total no of concert  = $6,400/12 = $533.33

profit margin for all one concert is  $533.33


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Victor collects data on the price of a dozen eggs at 8 different stores.median: $ 1.55
Find the lower quartile and upper quartile of
the data set.
lower quartile: $
upper quartile: S
?
$1.39 $1.40 $1.44 $1.50 $1.60 $1.63 $1.65 $1.80

Answers

Answer:

Lower quartile: $1.42

Upper quartile: $1.64

Step-by-step explanation:

The median is the middle value when all data values are placed in order of size.

The ordered data set is:

$1.39 $1.40 $1.44 $1.50 $1.60 $1.63 $1.65 $1.80

There are 8 data values in the data set, so this is an even data set.

Therefore, the median is the mean of the middle two values:

\implies \sf Median\;(Q_2)=(\$1.50+\$1.60)/(2)=\$1.55

Place "||" in the middle of the data set to signify where the median is:

$1.39 $1.40 $1.44 $1.50 ║ $1.60 $1.63 $1.65 $1.80

The lower quartile (Q₁) is the median of the data points to the left of the median.  As there is an even number of data points to the left of the median, the lower quartile is the mean of the the middle two values:

\implies \sf Lower\;quartile\;(Q_1)=(\$1.40+\$1.44)/(2)=\$1.42

The upper quartile (Q₃) is the median of the data points to the right of the median.  As there is an even number of data points to the right of the median, the upper quartile is the mean of the the middle two values:

\implies \sf Upper \;quartile\;(Q_1)=(\$1.63+\$1.65)/(2)=\$1.64

Answer:

to find the lower quartile and upper quartile of the given dataset, we need to first arrange the data in ascending order:

$1.39, 1.40, 1.44, 1.50, 1.60, 1.63, 1.65, 1.80$

The median of the dataset is given as $1.55$. Since there are an even number of data points, the median is the average of the two middle values, which in this case are $1.50$ and $1.60$.

Now, we need to find the lower quartile and upper quartile. The lower quartile is the median of the lower half of the data set, and the upper quartile is the median of the upper half of the data set.

The lower half of the dataset is $1.39, 1.40, 1.44, 1.50$. The median of this half is the average of the middle two values, which are $1.40$ and $1.44$.

Therefore, the lower quartile is $1.42$.

The upper half of the dataset is $1.60, 1.63, 1.65, 1.80$. The median of this half is the average of the middle two values, which are $1.63$ and $1.65$.

Therefore, the upper quartile is $1.64$.

Hence, the lower quartile of the dataset is $1.42$ and the upper quartile is $1.64$.

1) Which number line belowshows x 4?
a)
1 2 3 4 5 6
b)
0 1 2 3 4 5 6

C)26
O i 2 3 4
D)5
0 1 2
3 4 5
6
A
B
оооо
С
D

Answers

It’s c i think or can be d but my best bet is c !!

7th grade math help me plzzz

Answers

Answer:

a. -7 + 3

b. draw 7 negatives + 7 positives

Step-by-step explanation:

Answer:

3.a) -7 + 3

3.b) 4

I hope this helps!

Manuel ate 1 and 3 of a crackers on a plate. his brother ate 1 and 4 of the crackers.there where 5 crackers left on the plate.how many crackers were on the plate to begin with?

Answers

Answer:

1/3 + 1/4 = 4/12 + 3/12 = 7/12

7/12 =  both brothers ate 7 crackers out of 12 crackers

there were 5 crackers left on the plate means 5/12 crackers left on the plate

answer: 12 crackers at the beginning

Step-by-step explanation:

What is (1/3) x (-2/3 )?

Answers

Answer:

-0.2222

Step-by-step explanation:

If its multiple choice choose an answer close to this. Or don't I can't tell what to do.

Answer: -2/9

Decimal form: -0.2

Step-by-step explanation:

The owner of a busy coffee shop wanted to see if it was worth keeping tea on the menu. She logged the number of cups of tea she sold each day for seven days.6 12 5 7 7 3 9
Calculate the mean, median, range, and midrange of the number of cups of tea sold for the week.

Answers

Answer:

mean = 7

median = 7

range = 9

mid range = 7.5

Step-by-step explanation:

3, 5, 6, 7, 7, 9, 12

Range is the difference between the highest and lowest values of a set of observations

Range = highest value - lowest value

12 - 3 = 9  

Median can be described as the number that occurs in the middle of a set of numbers that are arranged either in ascending or descending order

3, 5, 6, 7, 7, 9, 12

median = 7

Mean is the average of a set of numbers. It is determined by adding the numbers together and dividing it by the total number

Mean = sum of the numbers / total number

(6 + 12 + 5 + 7+  7 + 3 + 9) / 7 = 7

Mid range = (highest value + lowest value) / 2

(12 + 3) / 2 = 7.5