Answer:
4.10
Step-by-step explanation:
1.08 * 3.8 = 4.104
but money is 2dp so...
4.10
Answer:
a. prescriptive analytics.
Step-by-step explanation:
Using prescriptive analyst sports franchises dynamically adjust ticket prices throughout the season to Not yet reflect the relative attractiveness and potential demand for each game.
Prescriptive analytics is indeed the third level of business analytics. Most administrative reports – such as revenue, advertising, processes, and finances – use post-mortem analysis of this kind
Answer:
16
Step-by-step explanation:
128/8= 16
38- b/c they are supplementary so 180-142=38
Answer:
The expected price paid by the next customer to buy a freezer is $466
Step-by-step explanation:
From the information given we know the probability mass function (pmf) of random variable X.
<em>Point a:</em>
- The Expected value or the mean value of X with set of possible values D, denoted by <em>E(X)</em> or <em>μ </em>is
Therefore
- If the random variable X has a set of possible values D and a probability mass function, then the expected value of any function h(X), denoted by <em>E[h(X)]</em> is computed by
So and
- The variance of X, denoted by V(X), is
Therefore
<em>Point b:</em>
We know that the price of a freezer having capacity X is 60X − 650, to find the expected price paid by the next customer to buy a freezer you need to:
From the rules of expected value this proposition is true:
We have a = 60, b = -650, and <em>E(X)</em> = 18.6. Therefore
The expected price paid by the next customer is