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Alisiya [41]
3 years ago
11

A news vendor sells newspapers and tries to maximize profits. The number of papers sold each day is a random variable. However,

analysis of the past month's data shows the distribution of daily demand in Table 16. A paper costs the vendor 20C. The vendor sells the paper for 30C. Any unsold papers are returned to the publisher for a credit of IOC. Any unsatisfied demand is estimated to cost IOC in goodwill and lost profit. If the policy is to order a quantity equal to the preceding day's demand, determine the average daily profit of the news vendor by simulating this system. Assume that the demand for day 0 is equal to 32. Demand per day Probability30 .0531 .1532 .2233 .3834 .1435 .06
Mathematics
1 answer:
SOVA2 [1]3 years ago
4 0
Let me think this through again and I will come back to you! 2.22 graph
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Plezzzzzwzzzzzzzz help
strojnjashka [21]

Answer:

3 - a

Step-by-step explanation:

Given that when you add two numbers together the result is 3.

The greater of the number is given as a.

Let "x" represent that lesser number.

Thus:

a + x = 3

To make x the subject of the formula. Subtract a from both x.

a + x - a = 3 - a

x = 3 - a

Therefore, the expression that represents the lesser number, x, is:

3 - a

8 0
3 years ago
The distribution of blood cholesterol level in the
qaws [65]

Answer: A. Mean of sampling means =\mu=168\ Mg/dl

Standard deviation of sampling means =2.86\ mg/dl

B. The probability that your sample has mean less than  165 is 0.1492 .

Given : The distribution of blood cholesterol level in the

population of young men aged 20 to 34 years is close to normal with

mean \mu= 168 Mg/dl and standard deviation \sigma= 35 mg/dl.

Sample size : n= 150

Let \overline{x} sample mean values.

A. The mean and the  standard deviation of the distribution of the sampling means would be :

Mean of sampling means =\mu=168\ Mg/dl

Standard deviation of sampling means = \dfrac{\sigma}{\sqrt{n}}=\dfrac{35}{\sqrt{150}}

=\dfrac{35}{12.2474487}\\\\=2.85773803649\approx2.86\ mg/dl

The probability that your sample has mean less than  165 would be

P(\overline{x}

Hence , the probability that your sample has mean less than  165 is 0.1492 .

7 0
3 years ago
On selling 250 cascades, a man had an equal gain to the selling price of 25 cascades. Find his gain percent
Jet001 [13]

Answer:

11.11%

Step-by-step explanation:

The selling price is 250

The cost price is 250-25

= 225

Therefore the gain can be calculated as follows

=250-225x/225x×100

1/9 ×100

= 0.1111×100

= 11.11%

Hence the gain is 11.11%

6 0
3 years ago
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nasty-shy [4]

Answer:

8.75

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
If f(x) = 7x-6, which of the following is the inverse of f(x)?
Harman [31]

Answer:

f^{-1}(x) = \frac{x+6}{7}

Step-by-step explanation:

Let y = f(x) and rearrange making x the subject, that is

y = 7x - 6 ( add 6 to both sides )

y + 6 = 7x ( divide both sides by 7 )

x = \frac{y+6}{7}

Change y back into terms of x, hence

f^{-1}(x) = \frac{x+6}{7}

8 0
3 years ago
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