The answer would be 13.3333333 or just 13.33
Answer:
Yes, the company can expect a profit in the long term
Step-by-step explanation:
In this question, we are to project if a company is expected to make a profit or loss given the information in the question.
Let’s use the scenario of 50 gadgets produced.
1 is expected to be faulty, while 49 is thus expected to work perfectly.
Now, on this 49 sold, there is an expectancy of $3 profit. Hence, this means that for a batch of 50 gadgets produced, the amount of expected profit will be 49 * 3 = $147
The amount that would be used to repair the faulty unit is $80. If we subtract this from the total expected profit, we have $147-$80 = $67
Hence, per 50 gadgets sold, a total of $67 in profit is to be expected
This means profit is expected in the long tey
Answer: Population
In statistics, a population is the entire group of people you want to determine some fact about (eg: average height). A sample is a subset of the population that should ideally represent the population.
Answer:
C(t) = $28,000(0.811)^t (Answer A)
Step-by-step explanation:
The value of the car is decreasing. Thus, by the end of the first year of ownership, the car will have the value $28,000(1 -0.189)^1, where the "-0.189" represents DECAY instead of GROWTH.
Please use " ^ " to indicate exponentiation.
Then the desired formula is C(t) = $28,000(0.811)^t (Answer A)
