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Are these ratios equivalent?\newline$12\$12 for 2020 customers\newline$10\$10 for 1414 customers\newlineChoices:\newline(A) yes\newline(B) no

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Full solution

Q. Are these ratios equivalent?\newline$12\$12 for 2020 customers\newline$10\$10 for 1414 customers\newlineChoices:\newline(A) yes\newline(B) no
  1. Calculate ratio for first scenario: Step 11: Calculate the ratio for the first scenario.\newlineRatio = $12/20\$12 / 20 customers = 0.60.6
  2. Calculate ratio for second scenario: Step 22: Calculate the ratio for the second scenario.\newlineRatio = $10/14\$10 / 14 customers = 0.7140.714
  3. Compare the two ratios: Step 33: Compare the two ratios. 0.60.6 is not equal to 0.7140.714

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