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There are many possible answers, including: the price, the quality, advertising, branding, promotions, and the price and closeness of substitutes or compliments. There are also macroeconomic factors such ...
To find out how much Charlie spends in total, you have to figure out how much he spends on each type of thing, and then add them together. To find how much he spends on each kind of thing, you have to mul...
Like when there are two unknowns, the best way to solve this kind of problem is to rearrange and substitute, but because there are three unknowns, it's a bit more fiddly. To solve this you want to pick an...
a) at most 960 ml
Let X be the volume of liquid in a particular bottle, then we want to find P(X <= 960). We first need to transform from X to Z (to the standard normal distrib...
Firstly, we can calculate the total percentage of gold members = Total - bronze - silver
Therefore, %gold = 100% - 40% - 28% = 32%
So we know that 32% of 275 members are gol...
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