So its 45 for every visit so your x is the amount of visitsso 45x plus 25 each hour you could represent with a h so 25h
The question is asking you to write and solve an equation that includes 2 different sites (45*2) and how many hours itd take to achive 810 so 810 would be on the other side of your eqaul sign
X=8 would you like me to explain why?
Answer:
And if we solve for a we got
Step-by-step explanation:
Previous concepts
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".
Solution to the problem
Let X the random variable that represent the hourly rates of a population, and for this case we know the distribution for X is given by:
For this part we want to find a value a, such that we satisfy this condition:
(a)
(b)
Both conditions are equivalent on this case. We can use the z score again in order to find the value a.
As we can see on the figure attached the z value that satisfy the condition with 0.80 of the area on the left and 0.20 of the area on the right it's z=0.842. On this case P(Z<0.842)=0.8 and P(z>0.842)=0.20
If we use condition (b) from previous we have this:
But we know which value of z satisfy the previous equation so then we can do this:
And if we solve for a we got
Answer:
a) r(q) = 1000(q +1/q)
b) r'(q) = 1000(1 -1/q^2)
c) r'(10) = 990
Step-by-step explanation:
a) Revenue is the product of quantity and price:
r(q) = q·p(q) = q(1000(1 +1/q^2))
r(q) = 1000(q + 1/q)
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b) The derivative is ...
r'(q) = 1000(1 -1/q^2)
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c) The derivative evaluated for q=10 is ...
r'(10) = 1000(1 -1/10^2) = 1000(0.99)
r'(10) = 990
Answer:
confidence level is missing
Step-by-step explanation:
<em>1.confidence level </em>
The results can be given only in a predetermined confidence level
<em>2. point estimate</em>
The illustration states the estimate 26% of the professionals who interview job applicants said the biggest interview turnoff is that the applicant did not make an effort to learn about the job or the company.
<em>3.sample size</em>
Sample size is given as 1910 people
<em>4.confidence interval </em>
Confidence interval is given ±3 around the point of estimate