The average price of homes in Calgary fell by $10,000 to $357,000 from June 2009 to...
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The average price of homes in Calgary fell by $10,000 to $357,000 from June 2009 to July 2009. The June 2009 price was 49% higher than the June 2005 price. -a. What was the percent change from June 2009 to July 2009? b. What was the average price of a home in June 2005? C. What was the annual rate of change from June 2005 to June 2009? 4. On October 28, 2006, Saskatchewan lowered its provincial sales tax (PST) from 7% to 5%. What percent reduction does this represent? 15. A local Superstore sold 21,983 cases of its President's Choice cola at $2.50 per case. In the following year, it sold 19,877 cases at $2.75 per case. 1. What is the percent change in price year-over-year? 2. What is the percent change in quantity year-over-year? 3. What is the percent change in total revenue year-over-year? (Hint: revenue = price X quantity) 16. A bottle of liquid laundry detergent priced at $16.99 for a 52-load bottle has been changed to $16.49 for a 48-load bottle. By what percentage has the price per load changed? The average price of homes in Calgary fell by $10,000 to $357,000 from June 2009 to July 2009. The June 2009 price was 49% higher than the June 2005 price. -a. What was the percent change from June 2009 to July 2009? b. What was the average price of a home in June 2005? C. What was the annual rate of change from June 2005 to June 2009? 4. On October 28, 2006, Saskatchewan lowered its provincial sales tax (PST) from 7% to 5%. What percent reduction does this represent? 15. A local Superstore sold 21,983 cases of its President's Choice cola at $2.50 per case. In the following year, it sold 19,877 cases at $2.75 per case. 1. What is the percent change in price year-over-year? 2. What is the percent change in quantity year-over-year? 3. What is the percent change in total revenue year-over-year? (Hint: revenue = price X quantity) 16. A bottle of liquid laundry detergent priced at $16.99 for a 52-load bottle has been changed to $16.49 for a 48-load bottle. By what percentage has the price per load changed?
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Mathematical Statistics With Applications In R
ISBN: 9780124171138
2nd Edition
Authors: Chris P. Tsokos, K.M. Ramachandran
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