The slope within two sets of points is calculated using the slope equation
The slope of a line or points is the rate of change of the line.
This in other words means that, the vertical change per unit horizontal change
Assume that the points are given as:
(x1, y1) and (x2, y2)
The slope (m) of the points is:
Hence, the equation of two sets of points is
Read more about slopes at:
#SPJ1
Answer:
a
The average cost is
b
The standard deviation of cost is
Step-by-step explanation:
From the question we are told that
The cost of replacing the two component is C = 50 + 2 X + 4 Y
The variance of X is mathematically represented as
V(X) =
Substituting values
The variance of Y is mathematically represented as
V(Y) =
Substituting values
The average of replacing the two component is
substituting value
The variance of replacing the two component is
Note: The variance of constant is zero
and X and Y are independent
=>
substituting values
=>
=>
=>
The standard deviation is
substituting values