A Wooden Duck with a Regular Selling Price of $109

question 28

Short Answer

A wooden duck with a regular selling price of $109.45 is marked down to $69.50. What is the percent of markdown based on the regular price? (Round to the nearest tenth percent.)

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Definitions:

Assessing Reliability

The process of determining the consistency and stability of a measurement tool or test over time.

Internal Consistency

A measure of reliability which evaluates how strongly items in an assessment are related in a single administration.

Test-Retest

A method of determining the reliability of a test by administering the same test to the same subjects at two different points in time.

Correlation Coefficient

A numeric value that indicates the strength of the relationship between two variables.