Answer:
The maximum annual variable cost he can have to reach his projection is $1,940
Step-by-step explanation:
Given;
Number of miles drive per year N = 10,000 miles
Total annual Fixed cost F = $3,460
cost per mile(rate) r = $0.54 or less
Total cost = fixed cost + variable cost
Total cost = cost per mile × number of miles
Total cost = r × N = $0.54 × 10,000 = $5,400
Let V represent the total variable cost per year;
F + V ≤ r × N
Substituting the values;
3,460 + V ≤ 5,400
V ≤ 5,400 - 3,460
V ≤ 1,940
The maximum annual variable cost he can have to reach his projection is $1,940
Answer:
0.731 < p < 0.775
Step-by-step explanation:
We have a sample proportion of 753/1000 = 0.753
We need to construct a 90% confidence interval for the population proportion. Since n > 30, we use the corresponding z-value of 1.645.
See attached photo for the formulas and construction of the confidence interval.
Answer: quit
Step-by-step explanation:
Answer:
Average rate of change: 0
Interpretation: No increment in yield from year 5 to year 15.
Step-by-step explanation:
The function that models the yield is:



The average rate of change of f(x) from x=a to x=b is given by the formula;

The average rate of change from year 5 to year 15 is:



Interpretation: There has not been any increment in yield from year 5 to year 15.