HELP PLEASE!!! i will give brainly! +10 points
2 answers:
You might be interested in
Using the profit concept, it is found that the break-even point is of 61.6 units.
- Profit is given by revenue subtracted by cost.
- The break-even point is when the revenue is the same as the cost, which means that the profit is zero.
In this problem:
- Variable cost per unit x of $217, fixed cost of $5,420, thus, the cost equation is given by:
Selling price per unit of $305, thus, the revenue equation is given by:
The break-even point is the <u>value of x</u> for which:
Then
The break-even point is of 61.6 units.
A similar problem is given at brainly.com/question/4001746
Answer:
The margin of error of his experiment is of 0.1074.
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the z-score that has a p-value of .
The margin of error is of:
30 M & M's from a bag, and 3 of them are green.
This means that
Standard 95% confidence level
So , z is the value of Z that has a p-value of
, so
.
Margin of error:
The margin of error of his experiment is of 0.1074.