The mean of the answer is 20.5 because you add all of the number together and divide by 6 because there's 6 numbers.
I'm sorry, but I don't know how to do the standard deviation...
Hope this helped!
Answer:
the answer is $40.5
Step-by-step explanation:
the basic formula of finding our interest is I = PxRxT
P (principal) = 675
R (rate) = 10% (we have to turn it into a decimal which is 0.010)
T (time) = 6 years
so :
I = 675 x 0.010 x 6
I = 40.5
Answer: a) c(x) = 0.124x + 1.1, b) 13 units
Step-by-step explanation: Revenue function = R(x) = 0.21x
Profit function = p(x) = 0.086 - 1.1
Cost function = c(x) =?
A)
Recall that profit = total revenue - total cost
Hence, total cost = total revenue - profit
c(x) = 0.21x - (0.086x - 1.1)
c(x) = 0.21x - 0.086x + 1.1
c(x) = 0.124x + 1.1
B)
Break even point is the point where total revenue equals total cost
R(x) = c(x)
0.21x = 0.124x + 1.1
0.21x - 0.124x = 1.1
0.086x = 1.1
x = 1.1/0.086
x = 12.79 which is approximately 13 units
