Answer:
Yes, the company can expect a profit in the long term
Step-by-step explanation:
In this question, we are to project if a company is expected to make a profit or loss given the information in the question.
Let’s use the scenario of 50 gadgets produced.
1 is expected to be faulty, while 49 is thus expected to work perfectly.
Now, on this 49 sold, there is an expectancy of $3 profit. Hence, this means that for a batch of 50 gadgets produced, the amount of expected profit will be 49 * 3 = $147
The amount that would be used to repair the faulty unit is $80. If we subtract this from the total expected profit, we have $147-$80 = $67
Hence, per 50 gadgets sold, a total of $67 in profit is to be expected
This means profit is expected in the long tey
Answer: standard deviation = 8
This is because mu = 75 is the mean, which is at the very exact center of this distribution. One space to the right is 83, which is 83-75 = 8 units away from the center. This distance is exactly one standard deviation. We can say "83 is one standard deviation larger than 75".
Or you could note the distance from 67 to 75 is also 8, because 75-67 = 8. Each tickmark represents stepping one standard deviation in distance.
Answer:
incorrect question
Step-by-step explanation:
that is what you have posted
Answer:
meh
Step-by-step explanation:
