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.
Set prices with room to move. Most people expect prices at garage sales to be just the starting price and are about 25% to 50% above the seller's (ie your) bottom-line price to allow for negotiating. The amount depends on the condition of the item and how much you are prepared to haggle.
Our Volume Pricing Strategy is simple. Just assemble your project list and bring it to the Pro Desk at your local Home Depot store. Build your cart online or in the store. Pros get help compiling the orders, and receive special quotes for volume pricing on home construction orders as low as $2500.t The Home Depot, Pros like you save with Volume Pricing on large orders for construction and renovation projects.