Solution
- The line segment CD is written as follows:
We conclude that the profit if the company produces 10 units is 1,040 dollars.
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How to find the profit?</h3>
The profit is defined as the difference between the revenue and the costs.
In this case, we know that the revenue and costs are defined by:
R(x) = 200x - 5x^2
C(x) = 360 + 6x
Then the profit equation is:
P(x) = R(x) - C(x).
P(x) = 200x - 5x^2 - (360 + 6x)
P(x) = -5x^2 + 194x - 360
Now we want to find the profit when x = 10, then we will get:
p(10) = -5*10^2 + 194*10 - 360 = 1,040
We conclude that the profit if the company produces 10 units is 1,040 dollars.
If you want to learn more about profit:
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Answer:
98% Confidence interval: (4.144 ,4.498)
Step-by-step explanation:
We are given the following in the question:
4.751, 4.373, 4.177, 4.676, 4.425, 4.228, 4.125, 4.251, 3.951, 4.192, 4.291, 4.414
Formula:
where
are data points,
is the mean and n is the number of observations.
Sum of squares of differences = 0.5602
98% Confidence interval:
Putting the values, we get,
Answer:
2 I guess tell me if it's right