Answer:
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Step-by-step explanation:
Answer:
the required probability is 0.09
Option a) 0.09 is the correct Answer.
Step-by-step explanation:
Given that;
mean μ = 7
x = 4
the probability of exactly 4 bridge construction projects taking place at one time in this state = ?
Using the Poisson probability formula;
P( X=x ) = ( e^-μ × u^x) / x!
we substitute
P(X = 4) = (e⁻⁷ × 7⁴) / 4!
= 2.1894 / 24
= 0.0875 ≈ 0.09
Therefore the required probability is 0.09
Option a) 0.09 is the correct Answer.
The profit function is the difference between the cost and revenue functions
The profit function is 
<h3>How to calculate the profit function</h3>
The functions are given as:
- Cost function: C(x) =0.6x + 15000
- Revenue function: R(x) =1.25x
The profit function is then calculated as:

So, we have:

Evaluate the differences

Hence, the profit function is 
Read more about profit functions at:
brainly.com/question/10009899
16x^2 -1 = 0
16x^2 = 1
x^2 = 1/16
x= 1/4