Hello, your cost function will be 12,320+(x*396). Your revenue function will be (452x) and the profit function will be (452x)-12,320+(x*396). I hope this helps, have a good day.

6 0

2 years ago

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Jane is playing a game in which he spins a spinner with 6 equal-sized slices numbered 1 through 6. The spinner stops on a number

sleet_krkn [62]

Answer:

The expected value of playing the game is $0.75.

Step-by-step explanation:

The expected value of a random variable is the weighted average of the random variable.

The formula to compute the expected value of a random variable X is:

$E(X)=\sum x\cdot P(X=x)$

The random variable X in this case can be defined as the amount won in playing the game.

The probability distribution of X is as follows:

Number on spinner: 1 2 3 4 5 6

Amount earned (X): $1 $4 $7 $10 -$8.75 -$8.75

Probability: 1/6 1/6 1/6 1/6 1/6 1/6

Compute the expected value of X as follows:

$E(X)=\sum x\cdot P(X=x)$

$=(1\times \frac{1}{6})+(4\times \frac{1}{6})+(7\times \frac{1}{6})+(10\times \frac{1}{6})+(-8.75\times \frac{1}{6})+(-8.75\times \frac{1}{6})$

$=\frac{1}{6}+\frac{4}{6}+\frac{7}{6}+\frac{10}{6}-\frac{8.75}{6}-\frac{8.75}{6}$

$=\frac{1+4+7+10-8.75-8.75}{6}$

$=0.75$

Thus, the expected value of playing the game is $0.75.

5 0

3 years ago

Housing prices in a certain neighborhood average at $90.05 per square foot. If one house in this neighborhood is 1055 square fee

Gwar [14]

$90.05•1055=95,002.75

so the answer would be B. 95,000

3 0

2 years ago

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What is 680.4•453.6???

Schach [20]

Answer:

308629.44

Step-by-step explanation:

6 0

2 years ago

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