Answer:
63568 dollars
Step-by-step explanation:
Given that in your computer store you charge $1012 per computer sold. Your costs are given by the equation
where x is the number of computers sold.
Revenue = sales price *no of computers sold
= 1012x
Profit = Revenue - cost
=
Use derivative test to find maximum profit
Equate I derivative to 0
x= 128
i.e. if 128 computers are manufactured and sold profit wouldbemaximum
Profit maximum=
Answer:
False
Step-by-step explanation:
Let p1 be the population proportion for the first population
and p2 be the population proportion for the second population
Then
p1 = p2
p1 ≠ p2
Test statistic can be found usin the equation:
where
As |p1-p2| gets smaller, the value of the <em>test statistic</em> gets smaller. Thus the probability of its being extreme gets smaller. This means its p-value gets higher.
As the<em> p-value</em> gets higher, the null hypothesis is less likely be rejected.