A quality control expert at Glotech computers wants to test their new monitors. The production manager claims they have a mean life of 83 months with a variance of 81. If the claim is true, what is the probability that the mean monitor life would be greater than 81.2 months in a sample of 146 monitors? Round your answer to four decimal places.

Answers

Answer 1

Answer:

0.9922 = 99.22% probability that the mean monitor life would be greater than 81.2 months in a sample of 146 monitors.

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

The production manager claims they have a mean life of 83 months with a variance of 81.

This means that [tex]\mu = 83, \sigma = \sqrt{81} = 9[/tex]

Sample of 146:

This means that [tex]n = 146, s = \frac{9}{\sqrt{146}}[/tex]

What is the probability that the mean monitor life would be greater than 81.2 months in a sample of 146 monitors?

This is 1 subtracted by the p-value of Z when X = 81.2. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{81.2 - 83}{\frac{9}{\sqrt{146}}}[/tex]

[tex]Z = -2.42[/tex]

[tex]Z = -2.42[/tex] has a p-value of 0.0078.

1 - 0.0078 = 0.9922.

0.9922 = 99.22% probability that the mean monitor life would be greater than 81.2 months in a sample of 146 monitors.


Related Questions

In 2012 your car was worth $10,000. In 2014 your car was worth $8,850. Suppose the value of your car decreased at a constant rate of change. Define a function f to determine the value of your car (in dollars) in terms of the number of years t since 2012.

Answers

Answer:

The function to determine the value of your car (in dollars) in terms of the number of years t since 2012 is:

[tex]f(t) = 10000(0.9407)^t[/tex]

Step-by-step explanation:

Value of the car:

Constant rate of change, so the value of the car in t years after 2012 is given by:

[tex]f(t) = f(0)(1-r)^t[/tex]

In which f(0) is the initial value and r is the decay rate, as a decimal.

In 2012 your car was worth $10,000.

This means that [tex]f(0) = 10000[/tex], thus:

[tex]f(t) = 10000(1-r)^t[/tex]

2014 your car was worth $8,850.

2014 - 2012 = 2, so:

[tex]f(2) = 8850[/tex]

We use this to find 1 - r.

[tex]f(t) = 10000(1-r)^t[/tex]

[tex]8850 = 10000(1-r)^2[/tex]

[tex](1-r)^2 = \frac{8850}{10000}[/tex]

[tex](1-r)^2 = 0.885[/tex]

[tex]\sqrt{(1-r)^2} = \sqrt{0.885}[/tex]

[tex]1 - r = 0.9407[/tex]

Thus

[tex]f(t) = 10000(1-r)^t[/tex]

[tex]f(t) = 10000(0.9407)^t[/tex]

Which of the following graphs represents the line that passes through (–2, –3) and has a slope of 2/3?

Answers

Answer:

Fourth graph

Step-by-step explanation:

It passes through the point (-2, -3) and has a slope of 2/3

Answer:

Step-by-step explanation:

The manufacturer of cans of salmon that are supposed to have a net weight of 6 ounces tells you that the net weight is actually a normal random variable with a mean of 6.05 ounces and a standard deviation of .18 ounces. Suppose that you draw a random sample of 36 cans.
a. Find the probability that the mean weight of the sample is less than 5.97 ounces.
b. Suppose your random sample of 36 cans of salmon produced a mean weight that is less than 5.97 ounces. Comment on the statement made by the manufacturer.

Answers

Answer:

a) 0.0038 = 0.38% probability that the mean weight of the sample is less than 5.97 ounces.

b) Given a mean of 6.05 ounces, it is very unlikely that a sample mean of less than 5.97 ounces, which means that the true mean must be recalculated.

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

Mean of 6.05 ounces and a standard deviation of .18 ounces.

This means that [tex]\mu = 6.05, \sigma = 0.18[/tex]

Sample of 36:

This means that [tex]n = 36, s = \frac{0.18}{\sqrt{36}} = 0.03[/tex]

a. Find the probability that the mean weight of the sample is less than 5.97 ounces.

This is the p-value of z when X = 5.97. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{5.97 - 6.05}{0.03}[/tex]

[tex]Z = -2.67[/tex]

[tex]Z = -2.67[/tex] has a p-value of 0.0038.

0.0038 = 0.38% probability that the mean weight of the sample is less than 5.97 ounces.

b. Suppose your random sample of 36 cans of salmon produced a mean weight that is less than 5.97 ounces. Comment on the statement made by the manufacturer.

Given a mean of 6.05 ounces, it is very unlikely that a sample mean of less than 5.97 ounces, which means that the true mean must be recalculated.

72a^7/-9 as a monomial

Answers

Answer:

− 8 a ^7

Step-by-step explanation:

See picture for steps :)

Use the compound interest formula to find the annual interest​ rate, r, if in 2 years an investment of 4,000 grows to 4410 The rate is %.

Answers

Answer:

5%

Step-by-step explanation:

Bank amount=PA*(1+r/100)^t

4410=4000*(1+x/100)^2

1.05=(1+x/100), x=5%

PLSSS HELP IM STRUGGLING SO HARD !!! ———————

Answers

Answer:

C)

Step-by-step explanation:

Just see the length of the R line, A and B are almost the same large when you add them.

Answer:

C).

Step-by-step explanation:

Because it is the largest side in that specific triangle

If ABCD is dilated by a factor of 3, the
coordinate of D' would be:
4
с
3
B
2
1
-5
-4
-3
-2
-1 0
1
N
3
4
5
DAN
- 1
-2
D
-3
D' = ([?], [ ]
Enter
Pls help me

Answers

Answer:

(6,-6)

Step-by-step explanation:

First let's identify the current coordinates of D

It appears that D is located at (2 , -2)

Now let's find the coordinate of D if it were dilated by a scale factor of 3.

To find the coordinates of a point after a dilation you simply multiply the x and y values of the pre image coordinates by the scale factor

In this case the scale factor is 3 and the coordinates are (2,-2)

That being said let's apply the dilation rule

Current coordinates: (2,-2)

Scale factor:3

Multiply x and y values by scale factor

(2 * 3 , -2 * 3) --------> (6 , -6)

The coordinates of D' would be (6,-6)

(b) How much the selling price should be fixed for pulse bought for Rs.70 per kg. to earn a profit of Rs.6 after allowing a 5 % discount?

Answers

Answer:

Rs. 80

Step-by-step explanation:

Given that :

Purchase price = 70

Profit = 6

Discount = 5%

Let selling price = x

Selling price * (1 - discount) = (purchase price + profit)

x * (1 - 5%) = (70 + 6)

x * (1 - 0.05) = 76

x * 0.95 = 76

0.95x = 76

x = 76 / 0.95

x = 80

Hence, selling price = Rs. 80

Find f′ in terms of g′

f(x)=x2g(x)

Select one:

f′(x)=2xf′(x)+2xg′(x)


f′(x)=2xg′(x)


f′(x)=2x+g′(x)


f′(x)=x2g(x)+2x2g′(x)


f′(x)=2xg(x)+x2g′(x)

Answers

9514 1404 393

Answer:

  (e) f′(x)=2xg(x)+x²g′(x)

Step-by-step explanation:

The product rule applies.

  (uv)' = u'v +uv'

__

Here, we have u=x² and v=g(x). Then u'=2x and v'=g'(x).

  f(x) = x²·g(x)

  f'(x) = 2x·g(x) +x²·g'(x)

A restaurant interest survey of 230 citizens in a town showed that 80 want a new Chili's, 120 want a new Red Lobster, and 20 want both. Determine the probability that:
...​

Answers

Answer:

2/23

6/23

5/23

Step-by-step explanation:

60 only want chilis

20 wants both

100 only want red lobster

50 want neither

The right solution to the given question is "[tex]\frac{2}{23}[/tex]", "[tex]\frac{6}{23}[/tex]" and "[tex]\frac{5}{23}[/tex]".

According to the question,

[tex]a+b+c+d = 230[/tex][tex]b = 20[/tex][tex]a+b = 80[/tex]

By putting the value of "b", we get

[tex]a+20=80[/tex]

                [tex]a = 80-20[/tex]

                [tex]a = 60[/tex]

[tex]b + c=120[/tex]

By putting the value of "b", we get

      [tex]20+c=120[/tex]

              [tex]c = 120-20[/tex]

              [tex]c = 100[/tex]

[tex]d = 230-60-100-20[/tex]

By putting the values of "a", "b", "c" and "d", we get    

       [tex]d = 50[/tex]

(a)

P(both Chili's and Red lobster),

= [tex]\frac{b}{a+b+c+d}[/tex]

= [tex]\frac{2}{23}[/tex]

(b)

P(only chili's),

= [tex]\frac{a}{a+b+c+d}[/tex]

= [tex]\frac{6}{23}[/tex]

(c)

P(neither),

= [tex]\frac{d}{a+b+c+d}[/tex]

= [tex]\frac{5}{23}[/tex]

Learn more about probability here:

https://brainly.com/question/24269622

Consider an urn initially containing n balls, numbered 1 through n, and suppose that balls will be randomly drawn from the urn, one by one, and without replacement (so that after n draws, it is empty). Letting X be the number of successes that will occur, where a success is considered to occur on the ith draw if the ball obtained is numbered i or smaller, give the expected value of X. (E.g., if n = 5, and the balls are drawn in the order 3, 1, 5, 4, 2, then x = 3, because the 2nd, 4th, and 5th draws result in successes, but the 1st and 3rd draws don’t.)

Answers

If balls were drawn from X to the other X, that how you find yo answer


An investment of $8,120 is earning interest at the rate of 5.8% compounded quarterly over 11 years. How much
interest is earned on the investment? Show your work.

Answers

Answer:

5180.56 Dollars...........

ASAP PLSSSSSSSS TYYYYYY

Answers

The answer would be 16% then 10%

Answer:

20% of students prefer to go to the aquarium

50% of teachers prefer to go to the aquarium

Step-by-step explanation:

1.

8 students prefer the aquarium out of 40 students.

Set up an equation:

Variable x = percentage of students

8/40 = x/100

Cross multiply:

8 × 100 = 40 × x

800 = 40x

20 = x

Divide:

20%

Check your work:

40 students × 20%

Convert percentage into decimal:

40 × 0.20

8

8 students prefered the aquarium so this is correct!

2.

5 teachers prefer the aquarium out of 10 teachers.

Set up an equation:

Variable x = percentage of teachers

5/10 = x/100

5 × 100 = 10 × x

500 = 10x

50 = x

50%

Check your work:

10 × 0.50

5

Correct!

Solve for Y equals -2 over 3x minus 1

Answers

Answer:

y=-\frac{2}{3}\approx -0.666666667

help with summer school

Answers

Answer:

19

Step-by-step explanation:

3a -2^3 ÷b

Let a = 7 and b = 4

3*7 -2^3 ÷4

PEMDAS says exponents first

3*7 -8 ÷4

Multiply and divide from left to right

21 - 2

Subtract

19

Factorise: 25x^2 - 1/49

Answers

Answer:

[tex] (5x + \frac{1}{7} )(5x - \frac{1}{7} )[/tex]

Step-by-step explanation:

Given,

[tex] {25x}^{2} - \frac{1}{49} [/tex]

[tex] = {(5x)}^{2} - {( \frac{1}{7}) }^{2} [/tex]

Since,

[tex] {x}^{2} - {y}^{2} = (x + y)(x - y)[/tex]

Then,

[tex] = (5x + \frac{1}{7} )(5x - \frac{1}{7} )(ans)[/tex]

what is the least common multiple between 25 and 8

Answers

Answer:

200

Step-by-step explanation:

Break down 25 = 5*5

Break down 8 = 2*2*2

They have no common factors

The least common multiple is

5*5*2*2*2 = 25*8 = 200

Answer:

200

Step-by-step explanation:

list the factors of 25: 5,5

factors of 8:2,2,2,

The salt content in snack bags of pretzels is Normally distributed, with a mean of 180 mg and a standard deviation of 15 mg. Eighty four percent of bags have a salt content higher than which value?


Find the z-table here.


165.2 mg

179.2 mg

187.0 mg

194.9 mg

I think its (A), 165.2mg

Answers

Answer: Yes you are correct. The answer is choice A

============================================================

Explanation:

If you used the z-table, you should find that P(Z < 1) = 0.84 approximately.

So by symmetry, P(Z > -1) = 0.84 approximately as well.

We'll convert the z score z = -1 into its corresponding x score

z = (x-mu)/sigma

-1 = (x-180)/15

-15 = x-180

x-180 = -15

x = -15+180

x = 165

We don't land on any of the answer choices listed, but we get fairly close to 165.2, which is choice A. So you are correct.

I have a feeling that the table you have is probably more accurate than the one I'm using, so it's possible that you'd land exactly on 165.2 when following the steps above.

Answer:

194.9

Step-by-step explanation:

ON EDG

Instructions: State what additional information is required in order
to know that the triangles in the image below are congruent for the
reason given
Reasory. AAS Postulate

Answers

Answer:

YWX = DFE

Step-by-step explanation:

AAS means angle angle side. so, we need 2 angles and 1 side.

we have 1 side and one angle confirmed.

so, we need one of the other two angles (W or Y vs. F or D) confirmed.

they probably want W and F as answer, as Y and D would make it a special case of AAS : ASA.

PLEASE HELPPPPPPPPP!!!!!!!!!!!

Answers

hope this will help you

Find y' for the following. ​

Answers

Answer:

[tex]\displaystyle y' = \frac{\sqrt{y} + y}{4\sqrt{x}y \Big( y^\Big{\frac{3}{2}} + \sqrt{y} + 2y \Big) + \sqrt{x} + x}[/tex]

General Formulas and Concepts:

Calculus

Differentiation

DerivativesDerivative Notation

Derivative Property [Multiplied Constant]:                                                           [tex]\displaystyle \frac{d}{dx} [cf(x)] = c \cdot f'(x)[/tex]

Derivative Property [Addition/Subtraction]:                                                         [tex]\displaystyle \frac{d}{dx}[f(x) + g(x)] = \frac{d}{dx}[f(x)] + \frac{d}{dx}[g(x)][/tex]

Basic Power Rule:

f(x) = cxⁿf’(x) = c·nxⁿ⁻¹

Derivative Rule [Quotient Rule]:                                                                           [tex]\displaystyle \frac{d}{dx} [\frac{f(x)}{g(x)} ]=\frac{g(x)f'(x)-g'(x)f(x)}{g^2(x)}[/tex]

Derivative Rule [Chain Rule]:                                                                                 [tex]\displaystyle \frac{d}{dx}[f(g(x))] =f'(g(x)) \cdot g'(x)[/tex]

Implicit Differentiation

Step-by-step explanation:

Step 1: Define

Identify

[tex]\displaystyle \frac{\sqrt{x} + 1}{\sqrt{y} + 1} = y^2[/tex]

Step 2: Differentiate

Implicit Differentiation:                                                                                 [tex]\displaystyle \frac{dy}{dx} \bigg[ \frac{\sqrt{x} + 1}{\sqrt{y} + 1} \bigg] = \frac{dy}{dx}[ y^2][/tex]Quotient Rule:                                                                                               [tex]\displaystyle \frac{(\sqrt{x} + 1)'(\sqrt{y} + 1) - (\sqrt{y} + 1)'(\sqrt{x} + 1)}{(\sqrt{y} + 1)^2} = \frac{dy}{dx}[ y^2][/tex]Rewrite:                                                                                                         [tex]\displaystyle \frac{(x^\Big{\frac{1}{2}} + 1)'(y^\Big{\frac{1}{2}} + 1) - (y^\Big{\frac{1}{2}} + 1)'(x^\Big{\frac{1}{2}} + 1)}{(y^\Big{\frac{1}{2}} + 1)^2} = \frac{dy}{dx}[ y^2][/tex]Basic Power Rule [Addition/Subtraction, Chain Rule]:                               [tex]\displaystyle \frac{\frac{1}{2}x^\Big{\frac{-1}{2}}(y^\Big{\frac{1}{2}} + 1) - \frac{1}{2}y^\Big{\frac{-1}{2}}y'(x^\Big{\frac{1}{2}} + 1)}{(y^\Big{\frac{1}{2}} + 1)^2} = 2yy'[/tex]Factor:                                                                                                           [tex]\displaystyle \frac{\frac{1}{2} \bigg[ x^\Big{\frac{-1}{2}}(y^\Big{\frac{1}{2}} + 1) - y^\Big{\frac{-1}{2}}y'(x^\Big{\frac{1}{2}} + 1) \bigg] }{(y^\Big{\frac{1}{2}} + 1)^2} = 2yy'[/tex]Rewrite:                                                                                                         [tex]\displaystyle \frac{x^\Big{\frac{-1}{2}}(y^\Big{\frac{1}{2}} + 1) - y^\Big{\frac{-1}{2}}y'(x^\Big{\frac{1}{2}} + 1)}{2(y^\Big{\frac{1}{2}} + 1)^2} = 2yy'[/tex]Rewrite:                                                                                                         [tex]\displaystyle x^\Big{\frac{-1}{2}}(y^\Big{\frac{1}{2}} + 1) - y^\Big{\frac{-1}{2}}y'(x^\Big{\frac{1}{2}} + 1)}= 4yy'(y^\Big{\frac{1}{2}} + 1)^2[/tex]Isolate y' terms:                                                                                             [tex]\displaystyle x^\Big{\frac{-1}{2}}(y^\Big{\frac{1}{2}} + 1) = 4yy'(y^\Big{\frac{1}{2}} + 1)^2 + y^\Big{\frac{-1}{2}}y'(x^\Big{\frac{1}{2}} + 1)}[/tex]Factor:                                                                                                           [tex]\displaystyle x^\Big{\frac{-1}{2}}(y^\Big{\frac{1}{2}} + 1) = y' \bigg[ 4y(y^\Big{\frac{1}{2}} + 1)^2 + y^\Big{\frac{-1}{2}}(x^\Big{\frac{1}{2}} + 1)} \bigg][/tex]Isolate y':                                                                                                       [tex]\displaystyle \frac{x^\Big{\frac{-1}{2}}(y^\Big{\frac{1}{2}} + 1)}{4y(y^\Big{\frac{1}{2}} + 1)^2 + y^\Big{\frac{-1}{2}}(x^\Big{\frac{1}{2}} + 1)} = y'[/tex]Rewrite/Simplify:                                                                                           [tex]\displaystyle y' = \frac{\sqrt{y} + y}{4\sqrt{x}y \Big( y^\Big{\frac{3}{2}} + \sqrt{y} + 2y \Big) + \sqrt{x} + x}[/tex]

Topic: AP Calculus AB/BC (Calculus I/I + II)

Unit: Differentiation

Book: College Calculus 10e

A professor wondered if there was a difference in the proportion of students who dropped math classes between females and males. The professor randomly selected 20 math classes around campus and recorded the gender of the individual and whether or not a student enrolled in the class at the beginning of the term dropped the class at some point during the term. Assuming all conditions are satisfied, which of the following tests should the researcher use? Choose the correct answer below.
a) Chi-square goodness of fit test
b) two-sample z-test for proportions C
c) paired t-test
d) one-sample z-test for proportions
e) two-sample t-test

Answers

Answer:

b) two-sample z-test for proportions

Step-by-step explanation:

The most appropriate test to use for the research hypothesis stated above is the two sample z-test for proportions, this is because, the experiment has two independent groups (male and female) with the result of each group not affecting the result of the other. The experiment clearly stses that, it is to estimate the difference in proportion, hence, it is a test of proportions rather than mean. Also when performing, a two sample tests of proportion, the Z distribution is used.

A community swimming pool is a rectangular prism that is 30 feet long, 12 feet wide, and 5 feet deep. The wading pool is half as long, half as deep, and the same width as the larger pool.

How many times greater is the volume of the swimming pool than the volume of the wading pool?

Answers

The correct answer is 1,350

Given that 3x-7y=-27 and 5x+9y=17. Find the values of x and y that satisfy both equations, using elimination method.

Answers

here's the answer to your question

solve for x

3x-7y=-27

5x+9y=17

multiply 9, 7

27x -63y =-243

35x +63y = 119

add and cancel y out

62x = -124

x = -2

plug in x

-6-7y=-27

-7y=-21

y = 3

answer:

y = 3

x = -2

find the value of x²-6x+13 when x=3+2i​

Answers

Answer:

18

Step-by-step explanation:

x squared -6 +13

5 squared-6×3+2+13

25-20+13

5+13

=18

Your small business spent $40 on food and another $60 on materials. Then, you sold an item for $120, but you had to pay a $90 service fee. Finally, you were given a refund from the Internal Revenue Service (IRS) for $70. If the expression describing these transactions is the following, then how does it evaluate?

Answers

Answer:

40$+60$=100$ spent

120$sold

90$ payed

70$ refund

120 (sold) -90 (payed) =30+70 (refund) =100$ (profit)

Step-by-step explanation:

You spent 100$

And you sold and got 120 but you payed 90$ from 120$ money left is 30$

Then they refunded you (pay back the money (give you the money ))

So the money that your left with is 30$ and the refund money is 70$

So add the money that your left with is gives you 100$

A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $12 the average attendance has been 25000. When the price dropped to $9, the average attendance rose to 29000. Assume that attendance is linearly related to ticket price.

Required:
a. Find the demand function p(x), where x is the number of the spectators.
b. How should ticket prices be set to maximize revenue?

Answers

Answer:

We need to assume that the relationship is linear.

a) Remember that a linear relation is written as:

y = a*x + b

then we will have:

p(x) = a*x + b

where a is the slope and b is the y-intercept.

If we know that the line passes through the points (a, b) and (c, d), then the slope can be written as:

y = (d - b)/(c - a)

In this case, we know that:

if the ticket has a price of $12, the average attendance is 25,000

Then we can define this with the point:

(25,000 , $12)

We also know that when the price is $9, the attendance is 29,000

This can be represented with the point:

(29,000, $9)

Then we can find the slope as:

a = ($9 - $12)/(29,000 - 25,000) = -$3/4,000 = -$0.00075

Then the equation is something like:

y = (-$0.00075)*x + b

to find the value of b we can use one of the known points.

For example, the point (25,000 , $12) means that when x = 25,000, the price is $12

then:

$12 = (-$0.00075)*25,000 + b

$12 = -$18.75 + b

$12 + $18.75 = b

$30.75 = b

Then the equation is:

p(x) = (-$0.00075)*x + $30.75

b) We want to find the ticket price such that it maximizes the revenue.

The revenue will be equal to the price per ticket, p(x) times the total attendance, x.

Then the revenue can be written as:

r(x) = x*p(x) = x*( (-$0.00075)*x + $30.75 )

r(x) =  (-$0.00075)*x^2 + $30.75*x

So we want to find the maximum revenue.

Notice that this is a quadratic equation with a negative leading coefficient, thus the maximum will be at the vertex.

Remember that for an equation like:

y = a*x^2 + bx + c

the x-value of the vertex is:

x = -b/2a

Then in our case, the x-value will be:

x = -$30.75/(2*(-$0.00075)) = 20,500

Then the revenue is maximized for x = 20,500

And the price for this x-vale is given by:

p( 20,500) =  (-$0.00075)*20,500 + $30.75 = $15.375

which should be rounded to $15.38

How long will it take for money to double if it is invested at 7% compounded monthly?

Answers

Use the rule of 72 for the monthly compound:
About 10.3 years

From a club of 24 people, in how many ways can a group of four members be selected to attend a conference?

Answers

Answer:

255,024

Step-by-step explanation:

24 x 23 x 22 x 21

24 options for the first member

23 options for the second member

22 options for the third member

21 options for the last member

PLEASE HELP ME !!!!
How many solutions does the system of equations below have?
y = x - 3
3y-3x = -9
A. Exactly 1 solution
B. At least 1 solution
C. More than 1 solution
D. No solution

Answers

9514 1404 393

Answer:

  C. More than 1 solution

Step-by-step explanation:

Divide the second equation by 3.

  y -x = -3

Add x.

  y = x -3

This matches the first equation exactly, meaning that any solution to the first equation is also a solution to the second equation. There are an infinite number of possibilities. There is "More than 1 solution."

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