For this case we have the following expression:
Rewriting the expression we have:
We apply distributive property to the terms of parentheses:
Answer:
Question: A Football Team Charges $30 Per Ticket And Averages 20,000 People Per Game. Each Person Spends An Average Of $8 On Concessions. For Every Drop Of $1 In Price, The Attendance Rises By 800 People. What Ticket Price Should The Team Charge To Maximize Total Revenue? Calculate The TR Max.
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A football team charges $30 per ticket and averages 20,000 people per game. Each person spends an average of $8 on concessions. For every drop of $1 in price, the attendance rises by 800 people. What ticket price should the team charge to maximize total revenue? Calculate the TR max.
$50
Because it accurately depicts the distribution of values for many natural occurrences, it is the most significant probability distribution in statistics.
The most significant probability distribution in statistics for independent, random variables is the normal distribution, sometimes referred to as the Gaussian distribution. In statistical reports, its well-known bell-shaped curve is generally recognized.
The majority of the observations are centered around the middle peak of the normal distribution, which is a continuous probability distribution that is symmetrical around its mean. The probabilities for values that are farther from the mean taper off equally in both directions. Extreme values in the distribution's two tails are likewise rare. Not all symmetrical distributions are normal, even though the normal distribution is symmetrical. The Student's t, Cauchy, and logistic distributions, for instance, are all symmetric.
The normal distribution defines how a variable's values are distributed, just like any probability distribution does. Because it accurately depicts the distribution of values for many natural occurrences, it is the most significant probability distribution in statistics. Normal distributions are widely used to describe characteristics that are the sum of numerous distinct processes. For instance, the normal distribution is observed for heights, blood pressure, measurement error, and IQ scores.
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Answer:
2,000
4,000
7,000
put points on (2, 2,000) - (4, 4,000) - and (7, 7,000)
Step-by-step explanation:
