The profits of mr cash’s company is represented by the equation p(t)=-3t^2+18t-4, where p(t) is the amount of profit in hundreds
of thousands of dollars and t is the number of years of operation. he realizes his company is on the down turn and wishes to sell before he ends up in debt. In what year of operation does Mr. Cash’s business show maximum profit? What is the maximum profit? What time will it be too late to sell business? show work
There are about 110,000 days in 300 years, so the expected number of failures is about 10/11 ≈ 1.
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This assumes the launch conditions are identical for each of the launches, or that whatever variation there might be has no effect on the probability. These are bad assumptions.
