5+13/18=can y’all please help me this is hard
2 answers:
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Answer:
The demand equation is: D=-4p+23
Step-by-step explanation:
To get started, we should keep in mind that the market price (p=3) occurs when supply equals demand ,therefore when p=3
S=2(3)+5=11
Thus, when p=3 D=11 and, according to the problem when p=1 D=19.
We already know two points on the demand curve. Great!
The demand equation is linear, so it has form D=bp+c.
The variable b is the slope of the demand linear equation . It can be computed through the formula
. equation 1
Substituting the two points (3,11) and (1,19) on equation 1.
b=-4
Now we can find the value of intercept of the demand equation c trough point-slope form y-y1=b(x-x1).
We can use any of the points. Let's take (3,11) and write in point-slope :
y-11=-4(x-3)
y=-4x+11+12
y=-4x+23
Rewrite the linear equation according our variables D and p
D=-4P+23
Finally we found the demand equation !
Answer: The complete question is found in the attachment
Step-by-step explanation:
Law of large numbers: The probability of occurrence of an event becomes closer to the theoretical probability as the number of trials increases
P(an ace) = 1/6
= 0.1667
= 16.67%
a) In 600 rolls, the value will be close to 16.67. compared to 60 rolls
Greater than 20% interval doesn't include 16.67%. So, for more than 20% ace, 60 rolls is better.
b) More than 15% interval includes 16.67. So, it is better to roll 600 times
c) The interval between 15% and 20% include 16.67% and hence, 600 rolls is better
d) Larger number of trials is better to get exactly 16
So, 600 rolls is better
