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3 years ago

14

According to your model, what price should you charge to maximize profit? Explain how you know this is the best price. (Hint: Re

member that x represents change in price from $22, not price.) (3 points: 1 point for price and 2 points for explanation)

1 answer:

nordsb [41]3 years ago

4 0

Answer:

<h2>$30 no decimal include in it so the answer is $30</h2>

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In your random sample of 25 Chips Ahoy bags, you find a mean of 985 chips per bag, with a standard deviation of 10 chips. Run a

stealth61 [152]

Answer:

The p -value is less than 0.001.

Step-by-step explanation:

Given information:

Sample size = 25 chips

Sample mean = 985

Sample standard deviation = 10

Let as assume that sample is distributed normally.

The formula for test statistic

$t=\frac{\overline{x}-\mu}{\frac{s}{\sqrt{n}}}$

where,

$\overline{x}$ is sample mean

μ is population mean.

s is sample standard deviation.

n is sample size.

The value of test statistic is

$t=\frac{985-1000}{\frac{10}{\sqrt{25}}}$

$t=\frac{985-1000}{\frac{10}{\sqrt{25}}}$

$t=-7.5$

The p-value is

$p=2\times p(t$

Therefore the p -value is less than 0.001.

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4 years ago

Write the equation in exponential form using the two points (0,1) and (1,3)

MakcuM [25]

Answer:

$y=3^x$

Step-by-step explanation:

The equation of the function in exponential form is

$y=a\cdot b^x$

The function is determined using points (0,1) and (1,3), so their coordinates satisfy the eduation. Substitute them:

$1=a\cdot b^0\Rightarrow a=1\ \ [b^0=1]\\ \\3=a\cdot b^1\Rightarrow 1\cdot b=3,\ b=3$

Thus, the equation of the function is

$y=3^x$

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3 years ago

2) Portia deposited $16,879.35 into a savings account paying 9.6% interest compounded annually for 3 years. How much money will

Monica [59]

Answer:

is 20,000

Step-by-step explanation:

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3 years ago

X2 - 12x + 32 = (x - 8)

LekaFEV [45]

Answer:
x=40/11 or 3 7/11

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2 years ago

Read 2 more answers

Prove that: u+v+w=0 = uxv = vxw = wxu

Misha Larkins [42]

Posting screenshot of my answer in the linked question in case it gets deleted.

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3 years ago