Answer:

Step-by-step explanation:
The equation of the function in exponential form is

The function is determined using points (0,1) and (1,3), so their coordinates satisfy the eduation. Substitute them:
![1=a\cdot b^0\Rightarrow a=1\ \ [b^0=1]\\ \\3=a\cdot b^1\Rightarrow 1\cdot b=3,\ b=3](https://tex.z-dn.net/?f=1%3Da%5Ccdot%20b%5E0%5CRightarrow%20a%3D1%5C%20%5C%20%5Bb%5E0%3D1%5D%5C%5C%20%5C%5C3%3Da%5Ccdot%20b%5E1%5CRightarrow%201%5Ccdot%20b%3D3%2C%5C%20b%3D3)
Thus, the equation of the function is

Answer:
standard error of the mean = 1.6960
Step-by-step explanation:
Given -
Mean
= 53 minutes
Standard deviation ( s ) = 53.9 minutes
n = 1010
standard error of the mean =
=
= 
= 1.6960
Answer:
Price of widget to break even= $37.9
Step-by-step explanation:
We are told that the equation representing the amount of profit, y, made by the company, in relation to the selling price of each widget, x is;
y = -8x² + 348x - 1705
Now, the company will break even when it has made no profit. That is when, y = 0
Thus;
0 = -8x² + 348x - 1705
Rearranging,
8x² - 348x + 1705 = 0
Using quadratic formula ;
x = [-b ± √(b² - 4ac)]/2a
x = [-8 ± √(-348² - 4•1•1705)]/(2 x 8)
x = $5.63 or $37.87
We'll use $37.87 because it is the highest price for which no profit is made, and higher price means that we could sell least number of products to earn a certain amount of money.
We are told to approximate to nearest cent. Thus,
Price of widget = $37.87 ≈ $37.9
Answer:
The line is
.
Step-by-step explanation:
Given:
Point and slope (0,0) and 2/3.
Now, to determine the line.
Here the point is:

And the slope is:

Now, putting the formula and substituting the value from above to determine the line:



Therefore, the line is
.