On a game show, a contestant randomly chooses a chip from a bag that contains numbers and strikes. The theoretical probability o
2 answers:
Answer:
the number of chips in the bag is 40
Step-by-step explanation:
On a game show, a contestant randomly chooses a chip from a bag that contains numbers and strikes. The theoretical probability of choosing a strike is 1/5.
Let x be the number of chips in the bag
the bag contains 8 strikes
the probability of choosing a strike from 8 strikes is 8/x
given probability of choosing a strike is 1/5
cross multiply it
x= 40
So, the number of chips in the bag is 40
You might be interested in
Point-slope form: y-y1 = m(x-x1)
Standard form: ax + by = c
Slope-intercept form: y = mx+b
Start by finding the slope. We know it is negative since the line is decreasing. The slope is -4/3.
To create point-slope form, we need to get one point from the graph. Let's use (3,0).
To create slope-intercept form, we need the slope and the y-intercept. The y-intercept is the point where our equation crosses the y-axis. For this equation, it is 4.
To get standard form, solve the equation in terms of C.
Point-slope form: y = -4/3(x-3)
Slope-intercept form: y = -4/3x + 4
Standard form: 4/3x + y = 4
Answer:
(a) P(x) = 300 x - 3600
(b) P(340) = $ 98400
(c) At least 12 items must be sold to avoid losing money.
Step-by-step explanation:
Part (a):
The Profit function is the difference between the revenue function (R(x)) and the Cost (C(x)) function:
P(x) = R(x) - C(x)
P(x) = 384 x - [84 x + 3600]
P(x) = 384 x - 84 x - 3600
P(x) = 300 x - 3600
Part (b):
The profit on 340 items is:
P(340) = 300 (340) - 3600
P(340) = 102000 - 3600
P(340) = $ 98400
Part (c):
To avoid losing money, the profit P(x) has to be larger or equal than zero. That is:
P(x) 0
300 x -3600 0
300 x 3600
x 3600/300
x 12
So at least 12 items must be sold to avoid losing money.