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melamori03 [73]
3 years ago
8

Explain why a quadratic function is a reasonable model for revenue. choose the correct answer below.

Mathematics
1 answer:
Andrei [34K]3 years ago
5 0
Revenue = Sales Volume (x) times Price. Price depends on volume sold: the more you are willing to sell per week, the lower your average price will have to be to get them all sold. 

<span>eg, if there are a fixed number of buyers with a variety of incomes, then you might be able to sell the first 10 per month for £30 each through the up-market High Street jeweller. If you want to sell an extra 10 per month you might have to reduce the price to £15 and sell them through Asda/WalMart. And to move another 10 per month you may have to sell them from a street stall at £5 each! </span>
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Answer:

B. (-9/2, -11/2)

Step-by-step explanation:

-12+3 / 2 = -9/2

-3+-8 / 2 = -11/2

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35

Step-by-step explanation:

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2 years ago
Mr. Molesky observes a group of monkeys for 24 hours to learn about their behavior. He records how long they slept (in hours), h
Vlad1618 [11]

Answer:

Explained below.

Step-by-step explanation:

The complete question is:

Mr. Molesky observes a group of monkeys for 24 hours to learn about their behavior. He records how long they slept (in hours), how many bananas they ate, gender, age (in years), and the specific breed of monkey.

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Solution:

(a)

The term "individuals", in statistics, implies or denotes the objects or people included in a statistical study.

In this case it is provided that Mr. Molesky observes a group of monkeys for 24 hours to learn about their behavior.

So, the "individuals" in this data set are the monkeys.

(b)

Categorical variables belong to a certain category or label values. Such as gender of a person, state from which a person is from, color of the marble and so on.

Quantitative variables are those variables that assume numerical values and represent some sort of measurement. Such as height, weight, annual income of the people working at the same place and so on.

In this case the variables are:

Number of bananas the monkeys ate - Quantitative variable

Gender - Categorical variable

Age (in years) -  Quantitative variable

Specific breed of monkey - Categorical variable

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