Answer: a) c(x) = 0.124x + 1.1, b) 13 units
Step-by-step explanation: Revenue function = R(x) = 0.21x
Profit function = p(x) = 0.086 - 1.1
Cost function = c(x) =?
A)
Recall that profit = total revenue - total cost
Hence, total cost = total revenue - profit
c(x) = 0.21x - (0.086x - 1.1)
c(x) = 0.21x - 0.086x + 1.1
c(x) = 0.124x + 1.1
B)
Break even point is the point where total revenue equals total cost
R(x) = c(x)
0.21x = 0.124x + 1.1
0.21x - 0.124x = 1.1
0.086x = 1.1
x = 1.1/0.086
x = 12.79 which is approximately 13 units
Answer:
2.4×10^6
Step-by-step explanation:
Put the numbers where the variables are and do the arithmetic. You can enter the numbers in scientific notation into your (scientific) calculator and have it show you the result in the same format.
r = (3.8×10^5)^2/(5.9×10^4) . . . . . denominator parentheses are required
Please note that in the above expression, parentheses are required around the denominator number. This is because it is a product of two numbers. In your pocket calculator or spreadsheet, you can enter that value as a single number (not a product). Parentheses are not required when you can do that.
r = (3.8²/5.9)×10^(5·2-4) ≈ 2.4×10^6
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The "exact" value is a repeating decimal with a long repeat. We have rounded to 2 significant digits here because the input numbers have that number of significant digits.
½ × 2 = 1
½ × 3 = 3/2
½ × 4 = 2
½ × 5 = 5/2
Answer:
0.992
Step-by-step explanation:
do you not have a calculator
Answer: (2.54,6.86)
Step-by-step explanation:
Given : A random sample of 10 parking meters in a beach community showed the following incomes for a day.
We assume the incomes are normally distributed.
Mean income : 
Standard deviation : 


The confidence interval for the population mean (for sample size <30) is given by :-

Given significance level : 
Critical value : 
We assume that the population is normally distributed.
Now, the 95% confidence interval for the true mean will be :-

Hence, 95% confidence interval for the true mean= (2.54,6.86)