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21 July, 03:03

Memorial Stadium has worked with the same advertising company for 10 years. According to the company's data the stadium has spent approximately $2.5 million on advertising over that period for 100 events. If the patrons to all of these events numbered 18.5 million, what is the ratio of patrons to advertising dollars?

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  1. 21 July, 03:32
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    The ratio of patrons to advertising dollars is 7.4:1

    Explanation:

    1. Let's review the information provided to answer this question correctly:

    Amount spent on advertising by Memorial Stadium over the last 10 years = US$ 2.5 Million

    Amount patrons numbered over the last 10 years = US$ 18.5 Million

    2. What is the ratio of patrons to advertising dollars?

    Ratio = Amount patrons numbered over the last 10 years/Amount spent on advertising by Memorial Stadium over the last 10 year

    Ratio = 18.5 Million / 2.5 Million

    Ratio = 18.5 / 2.5 = 7.4

    Ratio is 7.4:1

    3. Interpretation of the ratio

    For every dollar spent on advertising, the patrons made 7.4 dollars.
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