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ExtremeBDS [4]
3 years ago
13

Jingle Corporation produces toy footballs. Each football sells for $9.95 with a variable unit cost of $7.10. Assuming a fixed co

st of $11,400 what is Jingle's breakeven point?
Mathematics
1 answer:
AlekseyPX3 years ago
8 0
They basically make a profit of $2.85. Because $9.95 - $7.10 = $2.85.

To break even you would have to sell 4000 footballs. Because 11,400 / 2.85 = 4000. 
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Snezhnost [94]
Let X denote the random variable for the weight of a swan. Then each swan in the sample of 36 selected by the farmer can be assigned a weight denoted by X_1,\ldots,X_{36}, each independently and identically distributed with distribution X_i\sim\mathcal N(26,7.2).

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Recall that if X\sim\mathcal N(\mu,\sigma), then the sampling distribution \overline X=\displaystyle\sum_{i=1}^n\frac{X_i}n\sim\mathcal N\left(\mu,\dfrac\sigma{\sqrt n}\right) with n being the size of the sample.

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and the probability is equivalent to

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