Let x be the required waranty period, then
P(X < x) = P(z < (x - 12)/(8/12)) = 1 - 0.067 = 0.933
P(z < 12(x - 12)/8) = P(z < 1.498)
12(x - 12)/8 = 1.498
x - 12 = 8(1.498) / 12 = 0.9987
x = 12 - 0.9987 = 11
Therefore, they should waranty for 11 years so that no more than 6.7% fail within that time.
cost of production = %13
Let the price be p, then
revenue less price of failed iron = p - 0.067(13) = p - 0.871
Profit = p - 0.871 - 13 = 5
p - 13.871 = 5
p = 5 + 13.871 = 18.871
Therefore, the should charge $18.87 per waffle iron.
5 liter bucket with the 3 liter bucket twice, and then use the 3 liter bucket and the 4 liter bucket twice.
600 g
Explanation:
Since 1 kilogram =1000 grams
Therefore 3 grams= 3000 grams
Now divide it with 5 partners
3000 divided by 5=600 grams
Each person will get 600 grams of gold dust
Answer:
y = 3
Step-by-step explanation:
We need to find the slope. We do so by choosing any two points and dividing the change in the y-coordinates (their difference) by the change in the x-coordinates (their difference). Let's just choose (1, 3) and (0, 3). The slope is: . So, the slope is 0.
We want to write a line in slope-intercept form, which is: y = mx + b, where m is the slope and b is the y-intercept (where the line crosses the y-axis). Here, the slope m = 0. Looking at the graph, we see that the y-intercept is (0, 3), so b = 3. Then, our line is: y = 0x + 3 ⇒ y = 3.
Another note is that this is a horizontal line. One thing to remember is that all horizontal lines have slopes of 0, so their function is simply y = k, where k is a constant through which the line cuts through.
