One way to reduce the margin of error in a confidence interval is to decrease the confidence coefficient.

A company expects to sell 30,000 hats at $35 each. The estimated variable cost of each hat is $12.50, and the fixed costs are estimated to be $450,000. Calculate the break-even point in units and revenue. Use the graphical approach to CVP analysis to solve.

Which confidence interval is the narrowest?

A) 99.9%
B) 99%
C) 95%
D) 90%

Convert the following fraction to its decimal equivalent and percent equivalent values, rounded to five figures:
$\frac{1}{6}$

{2-Year Investment Narrative} Calculate the arithmetic mean.