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3 years ago

Why is it important to know the relationships between categorical variables?

1 answer:

8 0

Answer: it is important to know the relationships between both to make sure you will use the correct way to use each and to explain a problem.

Step-by-step explanation:

A pie chart or bar graph might be used to display the distribution of a categorical variable while a boxplot or histogram might be used to picture the distribution of a measurement variable.

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The green family went out for dinner at their favorite restaurant. the cost of their food came to $52.00. they must also pay 6%

riadik2000 [5.3K]

$52 × .06 = 3.12
52 + 3.12 = 55.12
55.12 × 0.15 = 8.27
55.12 + 8.27 = 63.39

7 0

3 years ago

QUESTION 3 [10 MARKS] A bakery finds that the price they can sell cakes is given by the function p = 580 − 10x where x is the nu

Harman [31]

Answer:

(a)Revenue function, $R(x)=580x-x^2$

Marginal Revenue function, R'(x)=580-2x

(b)Fixed cost =900 .

Marginal Cost Function=300+50x

(c)Profit, $P(x)=-35x^2+280x-900$

(d)x=4

Step-by-step explanation:

Part A

Price Function $= 580 - 10x$

The revenue function

$R(x)=x\cdot (580-10x)\\R(x)=580x-x^2$

The marginal revenue function

$\dfrac{dR}{dx}= \dfrac{d}{dx}(R(x))=\dfrac{d}{dx}(580x-x^2)=580-2x\\R'(x)=580-2x$

Part B

(Fixed Cost)

The total cost function of the company is given by $c=(30+5x)^2$

We expand the expression

$(30+5x)^2=(30+5x)(30+5x)=900+300x+25x^2$

Therefore, the fixed cost is 900 .

Marginal Cost Function

If $c=900+300x+25x^2$

Marginal Cost Function, $\frac{dc}{dx}= (900+300x+25x^2)'=300+50x$

Part C

Profit Function

Profit=Revenue -Total cost

$580x-10x^2-(900+300x+25x^2)\\580x-10x^2-900-300x-25x^2\\$Profit,P(x)=-35x^2+280x-900$

Part D

To maximize profit, we find the derivative of the profit function, equate it to zero and solve for x.

$P(x)=-35x^2+280x-900\\P'(x)=-70x+280\\-70x+280=0\\-70x=-280\\$Divide both sides by -70\\x=4$

The number of cakes that maximizes profit is 4.

6 0

3 years ago

Find the sum of each set of numbers, as well as the size n of each set of numbers (n = number of numbers in the set). Use these

guapka [62]

We have to add numbers without a calculator.

1) 25, 35, 19, 31

We can group them by the last digit, so they are easy to add:

25 + 35 = 20 + 30 + 5 +5 = 50 + 10 = 60

19 + 31 = 10 + 30 + 9 +1 = 40 + 10 = 50

Then, 60 + 50 = 110

numbers in the set n = 4

Sum = 110

2) 101, 73, 49, 27, 24, 36

We can group them again by the last digit (adding 10, like the previous example).

We can substract the last digit from one number and add it to the other one. The result will be the same, but they will become easier to add.

101 + 49 = 100+50 = 150

73 + 27 = 70 + 30 = 100

24 + 36 = 20 + 40 = 60

150 + 100 + 60 = 250 + 60 = 310

numbers in the set n = 6

Sum = 310

3) 25, 25, 25, 30, 30, 30, 32, 32, 32

In this case we have 3 times the same numbers, so we can add the three different numbers and then multiply the total by 3.

We can use the properties of the multiplication to simplify the product (we will use the distributive property)

25 + 30 + 32 = 27 + 30 + 30 = 87

87 * 3 = 80*3 + 7*3 = 240 + 21 = 261

numbers in the set n = 9

Sum = 261

8 0

1 year ago

In a standard normal distribution, what z value corresponds to 17% of the data between the mean and the z value?

hjlf

You're looking for a value $z$ such that

$\mathbb P(0$

Because the distribution is symmetric, the value of $z$ in either case will be the same.

Now, because the distribution is continuous, you have that

$0.17=\mathbb P(0$

The mean for the standard normal distribution is $0$ , and because the distribution is symmetric about its mean, it follows that $\mathbb P(Z$ .

$0.17=\mathbb P(Z$

You can consult a $z$ score table to find the corresponding score for this probability. It turns out to be $z\approx0.4399$ .

4 0

3 years ago

Which questions are statistical questions?

Yanka [14]

Answer:

Which questions are statistical questions?

what is the number of students what is the height of each in my class?

how many servings of fruit did eat each day this month?

what is my height?

what is the highest temprature

of each month this year?

how many students from each school in this city love football?

Step-by-step explanation:

Need to include numerical values

8 0

3 years ago