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Use the information below for questions 1 through 3. Dallas Cowboys Pro Shop produce two types of jerseys for their fan-base to purchase: elite game jersey and limited player jersey. Cowboys Pro Shop determined
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Use the information below for questions 1 through 3. Dallas Cowboys Pro Shop produce two types of jerseys for their fan-base to purchase: elite game jersey and limited player jersey. Cowboys Pro Shop determined 20% of the fans do not buy either jersey, 55% buy the elite game jersey, and 25% buy both jerseys, and these percentages are relatively constant from one year to another. There are (hypothetically) 100 fans each year. Q1. How many jerseys should the Pro Shop expect to sell to in a year

User HowieH
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20 votes

Answer:

Number of jerseys= 105 jerseys

Limited= 25

Elite= 80

Step-by-step explanation:

Giving the following information:

Cowboys Pro Shop determined:

20% of the fans do not buy either jersey

55% buy the elite game jersey

25% buy both jerseys

Number of fans= 100

To calculate the number of jerseys sold, we need to use the following formula:

Number of jerseys= 100*0.55 + (100*0.25)*2

Number of jerseys= 105 jerseys

Limited= 25

Elite= 80

User Steoates
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