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adell [148]
3 years ago
11

Hey! A step by step explanation on this would be great! Thanks! (25 Points)

Mathematics
1 answer:
kicyunya [14]3 years ago
6 0

Step-by-step explanation:

We find the stationary point of (20 + 2x)(1200 - 60x),

where x is the unit rate of increase/decrease.

d/dx [(20 + 2x)(1200 - 60x)]

= d/dx (-120x² + 1200x + 24000)

= -240x + 1200.

When d/dx [(20 + 2x)(1200 - 60x)] = 0,

We have -240x + 1200 = 0. => x = 5.

Price per shirt that maximise revenue

= $20 + $2x = $20 + $2(5) = $30.

Maximum revenue

= (20 + 2(5))(1200 - 60(5))

= $30 * 900 = $27,000.

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A college student is taking two courses. The probability she passes the first course is 0.73. The probability she passes the sec
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c) 0.02

d) 0.59

e) 0.57

f) 0.5616

Step-by-step explanation:

To answer this problem, a Venn diagram should be useful. The diagram with the information of Event 1 and Event 2 is shown below (I already added the information for the intersection but we're going to see how to get that information in the b) part of the problem)

Let's call A the event that she passes the first course, then P(A)=.73

Let's call B the event that she passes the second course, then P(B)=.66

Then P(A∪B) is the probability that she passes the first or the second course (at least one of them) is the given probability. P(A∪B)=.98

b) Is the event she passes one course independent of the event that she passes the other course?

Two events are independent when P(A∩B) = P(A) * P(B)

So far, we don't know P(A∩B), but we do know that for all events, the next formula is true:

P(A∪B) = P(A) + P(B) - P(A∩B)

We are going to solve for P (A∩B)

.98 = .73 + .66 - P(A∩B)

P(A∩B) =.73 + .66 - .98

P(A∩B) = .41

Now we will see if the formula for independent events is true

P(A∩B) = P(A) x P(B)

.41 = .73 x .66

.41 ≠.4818

Therefore, these two events are not independent.

c) The probability she does not pass either course, is 1 - the probability that she passes either one of the courses (P(A∪B) = .98)

1 - P(A∪B) = 1 - .98 = .02

d) The probability she doesn't pass both courses is 1 - the probability that she passes both of the courses P(A∩B)

1 - P(A∩B) = 1 -.41 = .59

e) The probability she passes exactly one course would be the probability that she passes either course minus the probability that she passes both courses.

P(A∪B) - P(A∩B) = .98 - .41 = .57

f) Given that she passes the first course, the probability she passes the second would be a conditional probability P(B|A)

P(B|A) = P(A∩B) / P(A)

P(B|A) = .41 / .73 = .5616

4 0
4 years ago
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