So here's the solution to the problem:
Calculate the average sell:
1,700 * $25 = $42,500 (revenue)
And if the Opera House wants to increase their revenue:
The price of a ticket will be:
$25 - x (where x is the number of 1-dollar decreases)
The number of tickets in total:
1,700 + 200x
Therefore the equation is:
(1,700 +200x) * ( 25 - x ) = 55,000
We can also solve this equation, but the solutions are not whole numbers.
x 1 = 5.89 and x 2 =10.6
For x = 6 (6 times 1 - dollar decreases):
( 1,700 + 200 * 6 ) * ( 25 - 6 ) = ( 1,700 + 1,200 ) * 18
=2,900 *19 = 55,100 (we will yield the revenue over $55,000)
Answer:
a) The probability that this whole shipment will be accepted is 30%.
b) Many of the shipments with this rate of defective aspirin tablets will be rejected.
Step-by-step explanation:
We have a shipment of 3000 aspirin tablets, with a 5% rate of defects.
We select a sample of size 48 and test for defectives.
If more than one aspirin is defective, the batch is rejected.
The amount of defective aspirin tablets X can be modeled as a binomial distribution random variable, with p=0.55 and n=48
We have to calculate the probabilities that X is equal or less than 1: P(X≤1).
Answer:
x = 1/6
Step-by-step explanation:
3x + 4 = 9x + 3
3x + 1 = 9x
1 = 6x
1/6 = x
Answer:
x = 5/33 or 0.151515151
Step-by-step explanation:
7(-6x-2) = 8(3x-4)
step 1: simplify the equation.
-42x - 14 = 24x - 4
step 2: isolate the variable (using the balance method).
-42x - 14 + 14 = 24x - 4 + 14
-42x = 24x + 10
-42x - 24x = 24x - 24x + 10
-66x = 10
step 3: solve for x.
x = 10 ÷ -66
x = 5/33
