Answer: $2 or $9
<u>Step-by-step explanation:</u>
Revenue (R) = $1800 , x = 1100 - 100p
R = xp
1800 = (1100 - 100p)p <em>substituted x with 1100 - 100p</em>
1800 = 1100p - 100p² <em>distributed p into 1100 - 100p</em>
100p² - 1100p + 1800 = 0 <em>added 100p² & subtracted 1100p</em> on both sides
p² - 11p + 18 = 0 <em>divided both sides by 100</em>
(p - 2) (p - 9) = 0 <em>factored quadratic equation</em>
p = 2 p = 9 <em>applied Zero Product Property to solve for p</em>
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Answer:
10
Step-by-step explanation:

First you raise the expressions in the parentheses to their powers. Then multiply the two expressions together. You get to see multiplying exponents (raising a power to a power) and adding exponents (multiplying same bases).
Answer:
We know that n = 50 and p =0.78.
We need to check the conditions in order to use the normal approximation.
Since both conditions are satisfied we can use the normal approximation and the distribution for the proportion is given by:

With the following parameters:


Step-by-step explanation:
Previous concepts
The binomial distribution is a "DISCRETE probability distribution that summarizes the probability that a value will take one of two independent values under a given set of parameters. The assumptions for the binomial distribution are that there is only one outcome for each trial, each trial has the same probability of success, and each trial is mutually exclusive, or independent of each other".
Solution to the problem
We know that n = 50 and p =0.78.
We need to check the conditions in order to use the normal approximation.
Since both conditions are satisfied we can use the normal approximation and the distribution for the proportion is given by:

With the following parameters:

