Suppose diane and jack are each attempting to use a simulation to describe the sampling distribution from a population that is skewed left with mean 5

A description of the outcome would be that the only a few percent of the sample performed poorly or achieved low score, meanwhile a greater percent of the sample achieved higher scores. We can also say that some percent of the sample achieved a score lower than 5.

wholesale price is the initial price before markup. retail price comes after the markup.

a price of 8 bucks that's marked up by 100%   is

formula: initial price + (percent markup in fraction/decimal)(initial price)

8+(1)(8)

8+8

16

retail price is $16.