Jerome recently moved to a new city and bought a home. The assessment rate is 51%. The property tax rate is $53.26 per $1000. Wh
1 answer:
You might be interested in
Answer:
The maximum variance is 250.
Step-by-step explanation:
Consider the provided function.
Differentiate the above function as shown:
The double derivative of the provided function is:
To find maximum variance set first derivative equal to 0.
The double derivative of the function at is less than 0.
Therefore, is a point of maximum.
Thus the maximum variance is:
Hence, the maximum variance is 250.