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umka21 [38]
3 years ago
13

A company sells x units of an item each day at the rate of Rs. 50. The cost of manufacturing each unit of an item is Rs. 36.50 a

nd the dristributor demands a charge of Rs. 3.50 per unit. If the daily overhead charge is Rs. 2600, find the profit function. Also find the profit if 360 units of an item are produced and sold daily?​
Mathematics
1 answer:
diamong [38]3 years ago
6 0

Answer:

Y(x) = 10x - 2600

Profit= RS. 1000

Step-by-step explanation:

Amount sold per item=RS. 50.

Cost of manufacturing= RS. 36.5

Distributor charges= Rs 3.5

Daily over head charge= RS.2600

Profit function Y (x)

Y (x) =x(50) -36.5(x) -3.5(x)-2600

Y(x) = (50-36.5-3.5)x-2600

Y(x) = 10x - 2600

If x= 360

Profit Y = 10(360) - 2600

Profit Y = 3600-2600

Profit = 1000

Profit= RS. 1000

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Answer:

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A correlation coefficient of 0.4 implies a relatively weak positive association between two sets of data. There is a notable small increment in one data set as the other increases.

Section b)

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A correlation coefficient of -0.96 implies a strong negative association between two sets of data. An increase in the values of one data set amounts to a decrease in the values of the other data set by approximately the same magnitude.

Section c)

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A correlation coefficient of -0.02 implies a weak negative association between two sets of data. An increase in the values of one data set amounts to a negligible decrease in the values of the other data set.

Section d)

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A correlation coefficient of 1.0 implies a perfect positive association between two sets of data. An increase in the values of one data set amounts to an increase in the values of the other data set by exactly the same magnitude. A scatter plot would reveal that the line y =x fits the data well.

Section e)

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Step-by-step explanation:

Correlation coefficient measures the degree of association between two variables or data sets. Correlation coefficients can be positive or negative and may imply weak or strong association between two data sets.

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2 years ago
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Step-by-step explanation:

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