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Mathematics 15 Online
OpenStudy (anonymous):

HELP!!!!!!!!!!!!!!!!!!!!!!!!! Results from a Gallup Research poll on consumer spending show the average American spent about $82 a day. Actual consumer spending could be as much as 3% more than $82, or as little as 3% less than $82. This is known as the margin of error. Using 3% as the margin of error, what is the most an American would spend in an average day?

zepdrix (zepdrix):

So using 3%, hmm 3% less than $82 is the same as 97% of $82. 3% more than $82 is the same as 103% of $82. Do you know how to convert a percent to a decimal? c:

OpenStudy (anonymous):

0.03 rite??

zepdrix (zepdrix):

yes very good :) so that is 3% converted to a decimal. So you want to find out, what is 3% of $82. and then add that to 82. That will be the amount you are looking for c:

OpenStudy (anonymous):

82.03?

zepdrix (zepdrix):

3% OF 82 OF is a special word meaning --> multiply

zepdrix (zepdrix):

So punch that into your calculator, what is 3% OF 82?

OpenStudy (anonymous):

2.46

OpenStudy (anonymous):

correct??????

zepdrix (zepdrix):

Ok good, so 3% of 82 is 2.46 :) Now we want (3% of 82) + 82 So what does that add up to? :D

OpenStudy (anonymous):

84.46

zepdrix (zepdrix):

Yay gj \c:/

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