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Question
the store owner converts the frequency table to a conditional relative frequency table by row. beach towel sales full price discounted total month 1 0.98 0.02 1.0 month 2 0.96 0.04 1.0 month 3 0.808 0.192 1.0 total x y 1.0 which value should he use for x? round to the nearest hundredth. 0.92 0.90 0.96 0.89
Step1: Add full - price values
$X = 0.98+0.96 + 0.808$
Step2: Calculate sum
$X=2.748$
Step3: Divide by 3 (3 months)
$X=\frac{2.748}{3}=0.916\approx0.92$
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0.92