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3 years ago

The cost C (in dollars) for the care and maintenance of a horse and carriage is C=15x+2000 where x is the number of rides.

Mathematics

1 answer:

MissTica3 years ago

6 0

Answer: 100 rides are needed to break even.

Step-by-step explanation:

We have given the cost function

C(x)=15x+2000 where x is the number of rides.

And rides cost 35$

⇒ revenue function would be 35 times x

i.e.R(x)=35 x , where x is the number of rides.

Break even point of a firm occurs when at a certain point x the total cost equals to the total revenue.

i.e. at break even point

total revenue=total cost

⇒35x=15x+2000

⇒35-15x=2000[subtract 15x from both sides]

⇒20x=2000 [simplify]

⇒x=2000/20[dividing both sides with 20]

⇒x=100

∴ 100 rides are needed to break even.

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miskamm [114]

Answer:

The conditions for use of the normal model to represent the distribution of sample proportion are not met. He should increase the sample size until the conditions are met.

If the test is done anyway, the null hypothesis failed to be rejected.

The conclusion is taht there is not enough evidence to support the claim that the percentage is lower in this district.

Step-by-step explanation:

The conditions for use of the normal model to represent the distribution of sample proportion are not met, as the affirmative responses are less than 10.

$np=80*0.1=8$

If the test of hypothesis is done as if the conditiones were met, we know that the claim is that the percentage is lower in this district.

Then, the null and alternative hypothesis are:

$H_0: \pi=0.173\\\\H_a:\pi$

The significance level is 0.05.

The sample has a size n=80.

The sample proportion is p=0.1.

The standard error of the proportion is:

$\sigma_p=\sqrt{\dfrac{\pi(1-\pi)}{n}}=\sqrt{\dfrac{0.173*0.827}{80}}\\\\\\ \sigma_p=\sqrt{0.001788}=0.042$

Then, we can calculate the z-statistic as:

$z=\dfrac{p-\pi+0.5/n}{\sigma_p}=\dfrac{0.1-0.173+0.5/80}{0.042}=\dfrac{-0.067}{0.042}=-1.578$

This test is a left-tailed test, so the P-value for this test is calculated as:

$P-value=P(z$

As the P-value (0.057) is greater than the significance level (0.05), the effect is not significant.

The null hypothesis failed to be rejected.

There is not enough evidence to support the claim that the percentage is lower in this district.

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3 years ago

I need help just answer no explanation please

dimulka [17.4K]

B . sorry if i’m wrong

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3 years ago

3 (x-k)/w = 4 solve for x

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Step-by-step explanation:

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