Answer:
Mean=50
Step-by-step explanation:
The mean of a probability distribution is a <u>measure of central tendency</u>,and gives information about how the possible values of x are distributed.
The vertical axis measures the probability of finding a specific value of x in the sample. The probability of finding a value near the mean is high (that is why the value of the function that is depicted in the vertical axis, increases as we get closer to the mean=50): this is because the mean is that value of x around which higher probability of occurrence is associated.
Answer:
1/5.
Step-by-step explanation:
20%
20/100
20/20 / 100/20
= 1/5
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Hope this helps!
Answer:
I love Skittles
what's your favorite color?
Answer:
$7,562.5
Step-by-step explanation:
Given the function of the profit earned expressed as;
<em>f(p) =-40p^2+1100p</em>
To maximize the profit, df(p)/dp must be sero
df(p)/dp = -80p + 1100 = 0
-80p + 1100 = 0
-80p = - 1100
p = 1100/80
p = 13.75
Substitute p = 13.75 into the function
f(13.75) =-40(13.75)^2+1100(13.75)
f(13.75) = -7,562.5+15,125
f(13.75) = 7,562.5
Hence the symphony should charge $7,562.5 to maximize the profit.
