Answer:
24,000,000 hours
Step-by-step explanation:
1,000,000 days x 24 hours = 24,000,000 hours
The inverse demand function of the given demand function is <u>p = 50 - q/2</u>.
A graph that depicts the relationship between a product's price and demand is called a demand curve. On a demand graph, the horizontal axis represents the amount desired, while the vertical axis represents the product's price.
The price is a function of the quantity required when there is an inverse demand curve. The inverse of a demand curve indicates that variations in the amount required cause changes in price levels. The formula for calculating the demand curve for a product yields the graph of an inverse demand curve.
Given demand function: q = 100 - 2p.
To find the inverse demand function, we find the inverse of the equation, by isolating p, to get:
q = 100 - 2p,
or, 2p = 100 - q,
or, p = 100/2 - q/2,
or, p = 50 - q/2.
Thus, the inverse demand function of the given demand function is <u>p = 50 - q/2</u>.
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Answer:
Lenne=10 Gilberto=10 Alana=7.50
Step-by-step explanation:
Answer:
We are 95% confident that the true proportion of TV audience is between 65.15% and 65.85%
Step-by-step explanation:
-From the given information, 
.
-We calculate the confidence interval using this value at 95% confidence level:
![CI=\hat p\pm z \sqrt{\frac{\hat p(1-\hat p)}{n}}\\\\\\=0.65\pm 1.96\times \sqrt{\frac{0.65\times 0.35}{12000}}\\\\\\=0.65\pm 0.0085\\\\\\=[0.6415,0.6585]](https://tex.z-dn.net/?f=CI%3D%5Chat%20p%5Cpm%20z%20%5Csqrt%7B%5Cfrac%7B%5Chat%20p%281-%5Chat%20p%29%7D%7Bn%7D%7D%5C%5C%5C%5C%5C%5C%3D0.65%5Cpm%201.96%5Ctimes%20%5Csqrt%7B%5Cfrac%7B0.65%5Ctimes%200.35%7D%7B12000%7D%7D%5C%5C%5C%5C%5C%5C%3D0.65%5Cpm%200.0085%5C%5C%5C%5C%5C%5C%3D%5B0.6415%2C0.6585%5D)
So, the 95% confidence interval is (0.6515,0.6585).
Hence, we are 95% confident that the true proportion of TV audience is between 65.15% and 65.85%.
Answer:
R = 73
S = 73
W = 138
Step-by-step explanation:
