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Makovka662 [10]
3 years ago
8

8.) Plot its cost function

Mathematics
2 answers:
Taya2010 [7]3 years ago
8 0

here is the cost fn added to the plot


ss7ja [257]3 years ago
5 0
The attached shows the two plots. The break-even points are near
  x = 21
  x = 256

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erik [133]

Answer:

P(X

And we can find this probability using the normal standard table or excel:

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Step-by-step explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".  

Solution to the problem

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X \sim N(298,3)  

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P(X

And the best way to solve this problem is using the normal standard distribution and the z score given by:

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If we apply this formula to our probability we got this:

P(X

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4 0
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Dennis_Churaev [7]

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