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Answer:
The change in the people attending per game is 14.7 times as great as the change in the number of lost games.
This mean every game is lost, 14.7 less people (as the slope is negative) attend the next game.
Step-by-step explanation:
To calculate the slope, we need to relate two points of the function.
The slope of the function
can be calculated as
We have the point (x=8, y=256) when it says 265 people attended the next game after the team lost 8 games.
The second point is (x=15, y=153) when it says 153 people attended the next game after the team lost 15 games.
We can write
Answer:
The fruit company’s expected returns are 10.8%
Step-by-step explanation:
The expected returns of the fruit company is given by
For the given case,
Returns in normal rainfall = x₁ = 20% = 0.20
Returns in drought = x₂ = -3% = -0.03
Probability of normal rainfall = P(x₁) = 60% = 0.60
Probability of drought = P(x₂) = 40% = 0.40
So, the expected value of returns is
Therefore, the fruit company’s expected returns are 10.8%