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vovikov84 [41]
2 years ago
11

A home-based sign company uses this function to model its monthly profit, where x is the price of each sign it sells. what is th

e company’s profit if it sells each sign for $20?
Mathematics
1 answer:
SpyIntel [72]2 years ago
4 0

<u>The </u><u>profit </u><u>made is </u><u>$4,460.</u>

What is a profit in business?

  • In its simplest form, it's the amount left after subtracting your total expenses from your total revenue.
  • The money remaining, your profits, can either be kept in the business and re-invested to finance future growth, or distributed as a draw or dividends to stakeholders.

The profit model, P(x) = -10x² + 498x - 1,500

Where, x = price per sign sold

If the price per sign sold is $20. Hence, x = $20

The profit made can be calculated thus :

Put x = 20 in the profit function :

P(20) = -10(20)² + 498(20) - 1,500

P(20) = - 10(400) + 9960 - 1500

P(20) = - 4000 + 9960 - 1500

P(20) = $4,460

The profit made is $4,460

Learn more about profit

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dmitriy555 [2]
Mode are repeating numbers in a sequence therefore 23 is your mode
8 0
3 years ago
Read 2 more answers
The reliability of a piece of equipment is frequently defined to be the probability, P, that the equipment performs its intended
Sergio [31]

Answer:

a. y=1

b. Mean= 0.5; variance=0.5

c. In the first instance, the probability that p > 0.95 would mean that we are looking for the area of the rectangle with a height of 1 between 0.95 and 1, which implies it has length 0.05.

Therefore, the area is length × height, which is 0.05 ×1 = 0.05.

Second case, the probability that p is less than 0.95 would then be one minus the probability that p is greater than 0.95, so 1 - 0.05 = 0.95

D. a horizontal line at 20 between 0.90 and 0.95, and will be zero outside of this range.

Step-by-step explanation:

With the use of probability distribution, the probability that the equipment performs has a uniform distribution with minimum 0 and maximum 1.

a) The graph of the probability distribution will be 0 outside of the range of 0 to 1, so therefore y = 0. Inside the interval from 0 to 1, it will be constant (which is a horizontal line) with height 1÷(1-0) = 1, therefore y = 1.

b) The mean of the uniform is (maximum+minimum)/2.

Therefore, (1+0)/2 = 1/2 or 0.5.

The variance of the uniform is

(maximum-minimum)^2/12,

so (1-0)^2/12 = 1/12.

c) Since the probability distribution is rectangular, you can find probabilities by recalling the area of a rectangle which is: area = length × breadth.

In the first instance, the probability that p > 0.95 would mean that we are looking for the area of the rectangle with a height of 1 between 0.95 and 1, which implies it has length 0.05.

Therefore, the area is length × breadth, which is 0.05 ×1 = 0.05.

In the second case, the probability that p is less than 0.95 would then be one minus the probability that p is greater than 0.95, so 1 - 0.05 = 0.95.

d) If it is known that p is between 0.90 and 0.95, without the value, then we would assume that p has a uniform distribution between 0.90 and 0.95 since p originally had a uniform distribution.

In this case,

f(p) =

1/(0.95-0.90) = 20, 0.90 < p < 0.95,

0, otherwise.

In a nutshell, this function will have a horizontal line at 20 between 0.90 and 0.95, and will be zero outside of this range.

6 0
3 years ago
If log2 5 = k, determine an expression for log32 5 in terms of k.
lukranit [14]

Answer:

log_3_2(5)=\frac{1}{5} k

Step-by-step explanation:

Let's start by using change of base property:

log_b(x)=\frac{log_a(x)}{log_a(b)}

So, for log_2(5)

log_2(5)=k=\frac{log(5)}{log(2)}\hspace{10}(1)

Now, using change of base for log_3_2(5)

log_3_2(5)=\frac{log(5)}{log(32)}

You can express 32 as:

2^5

Using reduction of power property:

log_z(x^y)=ylog_z(x)

log(32)=log(2^5)=5log(2)

Therefore:

log_3_2(5)=\frac{log(5)}{5*log(2)}=\frac{1}{5} \frac{log(5)}{log(2)}\hspace{10}(2)

As you can see the only difference between (1) and (2) is the coefficient \frac{1}{5} :

So:

\frac{log(5)}{log(2)} =k\\

log_3_2(5)=\frac{1}{5} \frac{log(5)}{log(2)} =\frac{1}{5} k

6 0
3 years ago
Decompose and use the distributive property to find the product of 5 × 7.3.
swat32

Answer:

36.5

Step-by-step explanation:

5(1+6.3)

6 0
3 years ago
Consider the exponential function f ( x ) = 13 , 500 ⋅ 0.89^x, which models the value of Mikayla's scooter, where x represents t
Elden [556K]

Answer: $8470

Step-by-step explanation:

To solve this, you can substitute 4 for x:

f(x) = 13500*.89^4\\f(x) = 13500*0.6274\\f(x) = 8470

Mikayla's scooter is worth around $8470 after 4 years.

It was originally worth 13,500 dollars and depreciated by 11% every year.

7 0
3 years ago
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