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VikaD [51]
3 years ago
14

The marketing research department of a computer company used a large city to test market the​ firm's new laptop. The department

found the relationship between price p​ (dollars per​ unit) and the demand x​ (units per​ week) was given approximately by the following equation.
p= 1275 = 0.17x^2 0 < x < 80

So, weekly revenue can be approximated by the following equation.

R(x)= rp = 1275x- 0.17x^3 0 < x <80

Required:
a. Find the local extrema for the revenue function. What is/are the local maximum/a?
b. On which intervals is the graph of the revenue function concave upward?
c. On which intervals is the graph of the revenue function concave downward?
Mathematics
1 answer:
Anika [276]3 years ago
6 0

Answer:

a. Local maximum = 50 units per week.

b. The graph is never concave upward.

c. (0, 80)

Step-by-step explanation:

a. The revenue function is:

R(x) = 1275x-0.17x^3

The derivate of the revenue function for which R'(x) = 0 gives us the local extrema:

R'(x) =0= 1275-0.51x^2\\x=\sqrt{2,500}\\x=50

The second derivate of the revenue function determines if x =50 is local maximum or minimum:

R''(x) = -1.02x\\R''(50) = -1.02*50=-51\\

Since the second derivate yields a negative value, x = 50 units per week is a local maximum.

b. Since there are no local minimums in the range of 0 < x < 80, the graph is never concave upward.

c. Since there is only one local maximum  in the range of 0 < x < 80, the graph is concave downward from x>0 to x<80 or (0, 80)

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Answer:

Nadal won but it is the only major he hasn't won at least twice with 13 at Roland Harris four at the U.S

4 0
3 years ago
there ar 2.54 centimeters in 1 inch. how many cantimeter are in 1 foot? in 1 yard explain you reasoning
VARVARA [1.3K]
There are 30.48 centimeters in a foot
7 0
4 years ago
Blood type AB is the rarest blood type, occurring in only 4% of the population in the United States. In Australia, only 1.5% of
Naddik [55]

Answer:

There is a 27.62% probability that exactly 2 of the U.S. residents have blood type AB.

Step-by-step explanation:

For each U.S. resident, there are only two outcomes possible. Either they have blood type AB, or they do not. This means that we can solve this problem using binomial probability distribution concepts.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

P(X = x) = C_{n,x}.\pi^{x}.(1-\pi)^{n-x}

In which C_{n,x} is the number of different combinatios of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

And \pi is the probability of X happening.

In this problem, we have that:

50 U.S residents are sampled, so n = 50

4% of the U.S population has blood type AB, so p = 0.04.

What is the probability that exactly 2 of the U.S. residents have blood type AB?

This is P(X = 2). So:

P(X = x) = C_{n,x}.\pi^{x}.(1-\pi)^{n-x}

P(X = 2) = C_{50,2}.(0.04)^{2}.(0.96)^{48} = 0.2762

There is a 27.62% probability that exactly 2 of the U.S. residents have blood type AB.

5 0
3 years ago
Graph y=6x−7<br> Identify the x-intercept.
valina [46]

9514 1404 393

Answer:

  x-intercept: 7/6

Step-by-step explanation:

The x-intercept is found by solving for x when y=0.

  0 = 6x -7

  7 = 6x . . . . . add 7 to both sides of the equation

  7/6 = x . . . . divide both sides by 6

The x-intercept is 7/6 = 1 1/6 ≈ 1.167.

__

The y-intercept is the constant in the given equation: -7. The slope of 6 tells you the line rises 6 units for 1 unit to the right. So, the point (1, -1) is another point on the graph. The line through those two points, (0, -7) and (1, -1), will intersect the x-axis at x=7/6.

6 0
3 years ago
If 90 percent of automobiles in Orange County have both headlights working, what is the probability that in a sample of eight au
Marta_Voda [28]

Answer:

P(X \geq 7) = P(X=7) +P(X=8)

And we can find the individual probabilities using the probability mass function

P(X=7)=(8C7)(0.9)^7 (1-0.9)^{8-7}=0.3826  

P(X=8)=(8C8)(0.9)^8 (1-0.9)^{8-8}=0.4305  

And replacing we got:

P(X \geq 7) = P(X=7) +P(X=8)=0.3826 +0.4305=0.8131

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

Let X the random variable of interest "number of automobiles with both headligths working", on this case we now that:  

X \sim Binom(n=8, p=0.9)  

The probability mass function for the Binomial distribution is given as:  

P(X)=(nCx)(p)^x (1-p)^{n-x}  

Where (nCx) means combinatory and it's given by this formula:  

nCx=\frac{n!}{(n-x)! x!}  

And for this case we want to find this probability:

P(X \geq 7) = P(X=7) +P(X=8)

And we can find the individual probabilities using the probability mass function

P(X=7)=(8C7)(0.9)^7 (1-0.9)^{8-7}=0.3826  

P(X=8)=(8C8)(0.9)^8 (1-0.9)^{8-8}=0.4305  

And replacing we got:

P(X \geq 7) = P(X=7) +P(X=8)=0.3826 +0.4305=0.8131

7 0
3 years ago
Read 2 more answers
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