Answer:
Yes, the company can expect a profit in the long term
Step-by-step explanation:
In this question, we are to project if a company is expected to make a profit or loss given the information in the question.
Let’s use the scenario of 50 gadgets produced.
1 is expected to be faulty, while 49 is thus expected to work perfectly.
Now, on this 49 sold, there is an expectancy of $3 profit. Hence, this means that for a batch of 50 gadgets produced, the amount of expected profit will be 49 * 3 = $147
The amount that would be used to repair the faulty unit is $80. If we subtract this from the total expected profit, we have $147-$80 = $67
Hence, per 50 gadgets sold, a total of $67 in profit is to be expected
This means profit is expected in the long tey
Answer:
The standard deviation of the sample mean is 
Step-by-step explanation:
From the question we are told that
The mean is 
The standard deviation is 
The sample size is 
Generally the standard deviation of the sample mean is mathematically represented as
substituting values
Answer:
2x+23
Step-by-step explanation:
