What is the center of (x + 1)2 + (y - 3)2 = 9?
1 answer:
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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.
Answer:
X ~ B(n, p)
Given: X ~ B(2, 5/17)
⇒ n = 2
⇒ p = 5/17
Binomial distribution formula:
As n = 2, calculate P(X = 0), P(X = 1) and P(X = 2):
**Probability Distribution Table attached**
