How many possibly outcomes of flipping a coin four times?
2 answers:
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ANSWER
The company must produce and sell more than 700 radios to have a profit.
EXPLANATION
The revenue function is
and the cost function is
The company will break even when total revenue is equal to the total cost.
This implies that,
We group similar terms to get,
This simplifies to,
Divide both sides by 8 to get,
The company breaks even by producing and selling 700 radios.
The company must produce and sell more than 700 radios to have a profit.
The company must produce and sell more than 700 radios to have a profit.
EXPLANATION
The revenue function is
and the cost function is
The company will break even when total revenue is equal to the total cost.
This implies that,
We group similar terms to get,
This simplifies to,
Divide both sides by 8 to get,
The company breaks even by producing and selling 700 radios.
The company must produce and sell more than 700 radios to have a profit.
Answer:
0.2684 is the probability that the temperature reading is between 0.50 and 1.75.
Step-by-step explanation:
We are given the following information in the question:
Mean, μ = 0 degrees
Standard Deviation, σ = 1 degrees
We are given that the distribution of thermometer readings is a bell shaped distribution that is a normal distribution.
Formula:
P(Between 0.50 degrees and 1.75 degrees)
0.2684 is the probability that the temperature reading is between 0.50 and 1.75.