Answer:
this one is simple, you want to find what poits are on the line, so fibd what poits are on the line
First, order up the numbers into order:
2, 3, 3, 5, 6, 8
Next, cut off the ones on each side to get the median.
2, 3, 3, 5, 6, 8
2, 3, 3, 5, 6, 8
Now with this, add the two middle numbers and divide by 2 to find the avg. of them:
3+5 = 8
8/2 = <u><em>4 is the Median</em></u>
Next, split up the number list into the lower section and the higher section, now knowing the Median:
2, 3, 3 Lower
5, 6, 8 Higher
Then, find the Median of each of these sections.
2, 3, 3 <em><u>Lower Quartile is 3</u></em>
5, 6, 8 <em><u>Higher Quartile is 6</u></em>
Hope that helps.
Answer: At x = 2200 level of production, it will get maximum revenue.
Step-by-step explanation:
Since we have given that
p = 55-0.0125x
and Revenue function is given by
We will take the first derivative of it.
Now,we will find the critical points :
and R''(x)=-0.025<0, so it will get maximum revenue.
Hence, At x = 2200 level of production, it will get maximum revenue.
