Answer: depending on the size of the room and what kind of bus
Step-by-step explanation:
Answer:
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Answer:
y=mx+b
Step-by-step explanation:
Step-by-step explanation:
last week there were
62 + 60 + 2 = 124 customers.
that means that the fraction of the customers, who paid by credit card, was
2/124 = 1/62
in situations like that, when we use history data and try to predict future behavior, we use that past experience and extrapolate to a predicted result.
we simply say that we expect the same fraction, 1/62, if customers to use credit cards.
for the absolute number of predicted credit card customers we multiply the predicted number of customers by the expected fraction
1000 × 1/62 = 500/31 = 16.12903226... ≈ 16
so, he expects 16 credit card customers.
Answer:
Price of widget to break even= $37.9
Step-by-step explanation:
We are told that the equation representing the amount of profit, y, made by the company, in relation to the selling price of each widget, x is;
y = -8x² + 348x - 1705
Now, the company will break even when it has made no profit. That is when, y = 0
Thus;
0 = -8x² + 348x - 1705
Rearranging,
8x² - 348x + 1705 = 0
Using quadratic formula ;
x = [-b ± √(b² - 4ac)]/2a
x = [-8 ± √(-348² - 4•1•1705)]/(2 x 8)
x = $5.63 or $37.87
We'll use $37.87 because it is the highest price for which no profit is made, and higher price means that we could sell least number of products to earn a certain amount of money.
We are told to approximate to nearest cent. Thus,
Price of widget = $37.87 ≈ $37.9
