N= Number of visitors and $P = price $R = Revenue
<span>N = 50,000 - (P-15)*2500 </span>
<span>R = N*P = 50,000P -2,500P^2 + 15*2500P Answer (1) </span>
<span>R = 87,500P -2,500P^2 </span>
<span>dR/dP = 87,500 - 5000P = 0 for max </span>
<span>P = $17.50 for max revenue
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Yes your answer is correct
Answer:
<u>The standard deviation of the uniform distribution is:</u>
<u>U(3, 12)</u>
- σ = (12−3)/√12 = 9/√12 = 2.5981
<u>U(80, 250)</u>
- σ = (250−80)/√12 = 170/√12 = 49.0748
<u>U(4, 93)</u>
- σ = (93−4)/√12 = 89/√12 = 25.6921
The Commutative Property of Addition
Answer:
1.4
Step-by-step explanation:
This is because the 4 is in the hundreds place but the 0 is in the hundreds in the second one.
(Decimals are backwards from whole numbers.)