The outlier would be shown as a dot so the answer is B. 45
The interquartile range is 28 - 18 = 10
A simple rule is that points more than 1.5xIRQ above or below the medians is an outlier and is shown as a point.
28 + 1.5x10 = 43. 45 is above this value.
Answer:
358710
Step-by-step explanation:
X=31, the other post justifies, I just wanted to make it more accessible for if someone just needs the answer :)
Answer:
Mortgage option (3) would be best suited for them.
Step-by-step explanation:
Mortgage option (1) and (2) are more or less the same since, since even if Damarco and Tanya down payments $34,000 (20% of the purchase price), they need to pay the interest for 30 years for both of the cases and even if he pays about $750 monthly (as for option (1)) or about $ 9000 annually (as for option (2)) both may actually be more or less the same amount since, the annual rate of interest in (2) may increase from the initial rate of 3.5% (but it is very unlikely to increase to over 5%) and option (1) has an annual fixed rate of interest of 4.25%.
Now, in the option (3) the interest is to be paid for 8 years and the annual rate of interest is also relatively low (only 4%) and if they pay about $18,000 annually with a down-payment of $ 34,000 and repay the rest of the amount at the end of 8 years,(which would be less than $ 35,000) they can easily clear their mortgage. Hence, for option (3) they would need to pay lowest total amount and for lowest time to clear the mortgage among the three options. Hence, this would be best suited option for them.
Answer:
The cost function is 
.
The revenue function is 
.
The profit function is 
.
Step-by-step explanation:
We have the following definitions:
The cost function is a mathematical formula that gives the total cost to produce a certain number of units. It consists of variable costs and fixed costs and is given by
If 
units are sold and the price per unit is 
, then the total revenue is
and 
is called the revenue function.
If units are sold, then the total profit is
and 
is called the profit function.
Applying the above definitions we get that:
We know that the company has fixed monthly costs of $130,000 and production costs on its product of $32 per unit.
Therefore,
The cost function is .
We know that the company sells its product for $66 per unit.
Therefore,
The revenue function is .
The profit function is
