Answer:
I guess that we have the linear equation:
y = 32*x
Where y is the profit, and x is the number of games sold.
Then the first step may be doing a table.
Give x different values, then find the value of y.
if x = 0
y = 32*0 = 0
if x = 1, y = 32*1 = 32
if x = 2, y = 2*32 = 64
Then the points:
(0,0) (1,32) and (2, 64) belong to this line, now we need to conect them with a straigth line and its ready.
The graph will be:
Answer:
The expected price paid by the next customer to buy a freezer is $466
Step-by-step explanation:
From the information given we know the probability mass function (pmf) of random variable X.
<em>Point a:</em>
Therefore
So and
Therefore
<em>Point b:</em>
We know that the price of a freezer having capacity X is 60X − 650, to find the expected price paid by the next customer to buy a freezer you need to:
From the rules of expected value this proposition is true:
We have a = 60, b = -650, and <em>E(X)</em> = 18.6. Therefore
The expected price paid by the next customer is