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Shreya made the following table where she categorized countries by their region and by average business startup costs, as a percentage of the per capita gross national income (gni) for a certain year. She decided that high meant greater than or equal to 8\%8%8, percent but less than 70\%70%70, percent of the gni and that very high meant greater than or equal to 70\%70%70, percent of the gni.



Answer :

Tutorconsortium423

There is an 8.04% chance that the nation is located in south Asia.by the average startup costs as a percentage of the per capita gross national income (GNI).

what is gross national income ?

The term "gross national income" (GNI) is used to refer to the sum of the gross domestic product (GDP) and net foreign earnings from the payment of wages, property income, and net taxes (net taxes minus production subsidies).To determine the likelihood that a country is in the South Asia region.

Given

that Shreya classified the country's business startup costs as high, given that she divided the country's average startup costs by its region and by the average startup costs as a percentage of the per capita gross national income (GNI) for a specific year, and given that she determined that 7 of the 87 high-cost countries belong

87 = 100

7 = X

7 x 100/87 = X

700/87 = X

8.04 = X

Thus, there is an 8.04% likelihood that the nation is in South Asia.

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