Do to your answer choices above in the picture according to the information stated in the graph your answer would be (3) do to the actual meter of the time in seconds of which the graph shows.
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Answer:
p(4 successes) ≈ 7.7%
Step-by-step explanation:
p(k successes in n trials) = C(n,k)·p^k·(1-p)^(n-k)
You have n=5, k=4, p=0.4, so the probability is ...
p(4 successes) = C(5,4)·(0.4)^4·(1 -0.4)^1 = 5·0.4^4·0.6 = 0.0768
p(4 successes) ≈ 7.7%
Answer:
y = -x -2
Step-by-step explanation:
Whatever is adding with 0 its that number its like mulitipulcation with 1 because whatever is times by one like 25x1= 25
Answer:
Demand is inelastic at p = 9 and therefore revenue will increase with
an increase in price.
Step-by-step explanation:
Given a demand function that gives <em>q</em> in terms of <em>p</em>, the elasticity of demand is

- If E < 1, we say demand is inelastic. In this case, raising prices increases revenue.
- If E > 1, we say demand is elastic. In this case, raising prices decreases revenue.
- If E = 1, we say demand is unitary.
We have the following demand equation
; p = 9
Applying the above definition of elasticity of demand we get:

where
- p = 9
- q =



Substituting the values


Demand is inelastic at p = 9 and therefore revenue will increase with an increase in price.