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erik [133]
3 years ago
8

The table shows the annual profits (in thousands of dollars) of a county fair from 2013 to 2016. What must the 2017 profit be (i

n hundreds of dollars) to break even over the five-year period?

Mathematics
1 answer:
Snezhnost [94]3 years ago
7 0

Answer:

8 hundred dollars

Step-by-step explanation:

The break even value means zero profit or loss over the five years period. So if 2017 profit is x, then we get:

  • 2.5 + 1.4 - 3.3 - 1.4 + x = 0
  • x - 0.8 = 0
  • x = 0.8 thousands of dollars
  • x=  800 dollars

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Answer:

s^2 = \frac{\sum_{i=1}^n (X_i -\bar X)^2}{n-1}

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Step-by-step explanation:

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But we need to calculate the mean with the following formula:

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And replacing we got:

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3 years ago
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