Can someone explain this pleaae
2 answers:
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Answer:
The closest to the maximum profit is
Step-by-step explanation:
From the question we are told that
The mean is
The standard deviation is
The percentage of profit is 20%
Generally the closest to the maximum annual profit at a store where the executives conducted an audit is mathematically evaluated as follows
=>
From the z-table the z-score for 0.20 is
So
=>
Answer:
loss is $66 or profit is -66
Step-by-step explanation:
The company's annual profit (in millions of dollars) as a function of the app's price (in dollars) is modeled by
x represents the app price
Given app price is 0 dollars, so we plug in 0 for x and find out the profit
P(0)= -66
It means when app price = 0 dollars then the there is a loss because profit is negative.