A tour operator has a bus that can accommodate 20 tourists. The operator knows that tourists may not show up, so he sells 21 tic
1 answer:
Answer:
The expected revenue of the tour operator is 985.
Step-by-step explanation:
There are two outcomes:
Either less than 21 tourists show up and the operator does not have to pay anything. Or 21 tourists show up and the operator has to repay 100.
Anyways, initially he gets the price of all the tickets sold. That is 21 each at 50, so .
Then, we need to find the probability that all of the 21 tourists show up. In this case, we have to subtract 100 from the revenue.
Each tourist has a 0.02 probability of not showing up. This means that each has a 1-0.02 = 0.98 probability of showing up. So the probability P that all 21 tourists show up is .
So, the expected revenue of the tour operator is
Rounded up, the expected revenue of the tour operator is 985.
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Answer:
- h ≥ 0
- C = 0; concentration eventually decays to nothing
- (0, 0) is the only intercept in the domain. It means the concentration in the bloodstream is zero at the time the drug is injected.
- 1.95 hours
Step-by-step explanation:
1. a. The domain of the function in the context of this problem is h ≥ 0. The maximum value of h will correspond to the time at which the concentration is considered to be negligible. If that time is when the concentration decays to 1% of its peak value, then perhaps the suitable domain is 0 ≤ h ≤ 180.
b. The equation of the vertical asymptote of this function is where the denominator of C(h) is zero, that is ...
h^3 +8 = 0
h = ∛(-8)
h = -2 . . . . the equation of the vertical asymptote
This is not a concern for a medical professional because it is outside the domain of the function.
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2. As h gets large the value of the function approaches 2/h, which is to say the horizontal asymptote is C = 0. It means the concentration of medication in the blood eventually decays to zero.
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3. C(0) = 0 is the only intercept in the domain of the function. (h, C(h)) = (0, 0)
In the context of this problem, it means the blood concentration of medication is zero at the time of the injection.
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4. About 1.95 hours after injection, a maximum concentration of the drug occur in the bloodstream. This value is easily found using a graphing calculator.
Taking the derivative of the function gives you ...
C'(h) = -2(h^4 +5h^3 -16h -20)/(h^3 +8)^2
This has two real zeros and two complex zeros. The positive real zero is near h = 1.94527, about 1.95.
That is, the concentration in the bloodstream reaches a maximum about 1.95 hours after injection into the muscle.
