What are the coordinates of the vertex of the table? Is it a minimum or a maximum?
1 answer:
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Answer:
$8.50
Step-by-step explanation:
I don't know what Alls are, but if Carlos insists, we can calculate how much he can spend on Alls with the expression:
($31.50) + r $40
This says the sum of what Carlos has already spent (hot dogs and hamburgers) plus the amount he spends on Alls (rolls?), r, must be equal to or less than the $40 he has allowed himself to spend.
($31.50) + r $40
r $40 - $31.50
r $8.50
Answer:
The probability that the shopkeeper's annual profit will not exceed $100,000 is 0.2090.
Step-by-step explanation:
According to the Central Limit Theorem if we have a population with mean <em>μ</em> and standard deviation <em>σ</em> and we select appropriately huge random samples (<em>n</em> ≥ 30) from the population with replacement, then the distribution of the sum of values of <em>X</em>, i.e ∑<em>X</em>, will be approximately normally distributed.
Then, the mean of the distribution of the sum of values of X is given by,
And the standard deviation of the distribution of the sum of values of X is given by,
The information provided is:
<em>μ</em> = $970
<em>σ</em> = $129
<em>n</em> = 102
Since the sample size is quite large, i.e. <em>n</em> = 102 > 30, the Central Limit Theorem can be used to approximate the distribution of the shopkeeper's annual profit.
Then,
Compute the probability that the shopkeeper's annual profit will not exceed $100,000 as follows:
*Use a <em>z</em>-table for the probability.
Thus, the probability that the shopkeeper's annual profit will not exceed $100,000 is 0.2090.