Revenue=quantity x price= (-2p+1000) (p)= -2p^2+1000p
The maximum revenue will occur when the first derivative is zero so when 2(-2p)+1000=0;p=250
Which generates 125,000 in revenue
Try prices of 245 and 255 and you will see they both are less than 250 thereby proving the max revenue is 250
First: 13 x 8 = 104
Second: 8/2 = 4
Third: 104 + 4 = 108
Your answer is 108
B I think that is the answer. If its not please let me know.
I believe it would be C not 100% sure but hope this helped! :)
Answer:
(B) The standard normal variable Z counts the number of standard deviations that the value of the normal random variable X is away from its mean
Step-by-step explanation:
Problems of normally distributed samples are solved using the z-score formula.
In a set with mean
and standard deviation
, the zscore of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
Positive z-score: Above the mean
Negative z-score: Below the mean
All variables are continuous.
X can be positive or negative, just like Z
So the correct answer is:
(B) The standard normal variable Z counts the number of standard deviations that the value of the normal random variable X is away from its mean