A construction company has an expenditure rate of E(x)equalse Superscript 0.11 x dollars per day on a particular paving job and
an income rate of I(x)equals116.8 minus e Superscript 0.11 x dollars per day on the same job, where x is the number of days from the start of the job. The company's profit on that job will equal total income less total expenditures. Profit will be maximized if the job ends at the optimum time, which is the point where the two curves meet. (a) Find the optimum number of days for the job to last. (b) Find the total income for the optimum number of days. (c) Find the total expenditures for the optimum number of days. (d) Find the maximum profit for the job.
1 answer:
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Answer:
13k
Step-by-step explanation:
Given:
Finding the equivalent expression.
We know the rule of addition is that adding two positive integers will give positive result or sum.
Now, lets find the equivalent expression of .
∴
Hence, the required equivalent expression is 13k.
Answer:
A sample size of 345 is needed so that the confidence interval will have a margin of error of 0.07
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the zscore that has a pvalue of .
The margin of error of the interval is given by:
In this problem, we have that:
99.5% confidence level
So , z is the value of Z that has a pvalue of
, so
.
Using this estimate, what sample size is needed so that the confidence interval will have a margin of error of 0.07?
This is n when M = 0.07. So
A sample size of 345 is needed so that the confidence interval will have a margin of error of 0.07