Given:
The function is:
To find:
The inverse of the given function, then draw the graphs of function and its inverse.
Solution:
We have,
Step 1: Substitute .
Step 2: Interchange x and y.
Step 3: Isolate variable y.
Step 4: Substitute .
Therefore, the inverse of the given function is and the graphs of these functions are shown below.
Answer: See the graph attached.
Step-by-step explanation:
1. To solve this exercise you must plot the points given in the table of the problem, which are shown below:
(-4,1), (0,2), (3,3)
2. You must plot the first value of each ordered pair on the x-axis.
3. You must plot the second value of each ordered pair on the y-axis.
4. Therefore, when you plot them, you obtain the graph shown attached.
Answer:
The sales level that has only a 3% chance of being exceeded next year is $3.67 million.
Step-by-step explanation:
When the distribution is normal, we use the z-score formula.
In a set with mean and standard deviation
, the zscore of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this question, we have that:
In millions of dollars,
Determine the sales level that has only a 3% chance of being exceeded next year.
This is the 100 - 3 = 97th percentile, which is X when Z has a pvalue of 0.97. So X when Z = 1.88.
The sales level that has only a 3% chance of being exceeded next year is $3.67 million.