probability is about .95 that the 95% confidence interval will include the true population parameter. On the other hand, 2.5% of the time the highest value in the confidence interval will be smaller than the true value, while 2.5% of the time the smallest value in the confidence interval will be greater than the true value.
Just remember, low prices sell more quickly. When in doubt, go back to Step 1 and remind yourself WHY you are having a garage sale. Then, proceed with your pricing.Items sold for $1 sell much faster than those sold for $5 or more. For the best results, keep your prices in the $1 to $2 range.
The first $300 of sales per year at a garage sale are exempt from City sales tax. If sales do not exceed $300 in a year, a sales tax license is not required, and City sales tax does not have to be collected.See Section 2-7-416 (Garage Sales) of the Sales and Use Tax Ordinance or contact our Sales Tax Department for more information.f sales do not exceed $300 in a year, a sales tax license is not required, and City sales tax does not have to be collected. See Section 2-7-416 (Garage Sales) of the Sales and Use Tax Ordinance or contact our Sales Tax Department for more information.