Let x be the required waranty period, then
P(X < x) = P(z < (x - 12)/(8/12)) = 1 - 0.067 = 0.933
P(z < 12(x - 12)/8) = P(z < 1.498)
12(x - 12)/8 = 1.498
x - 12 = 8(1.498) / 12 = 0.9987
x = 12 - 0.9987 = 11
Therefore, they should waranty for 11 years so that no more than 6.7% fail within that time.
cost of production = %13
Let the price be p, then
revenue less price of failed iron = p - 0.067(13) = p - 0.871
Profit = p - 0.871 - 13 = 5
p - 13.871 = 5
p = 5 + 13.871 = 18.871
Therefore, the should charge $18.87 per waffle iron.
Answer:
60
Step-by-step explanation:
half of 30 is 15
and 15 is 1 quarter of 60
Answer:
14 - x = age of years ago.
Step-by-step explanation:
Hello.
-7h + 2(-4h + 5) > -4h + 1 + 10 ; solve for h
Our first step is to get rid of all the parenthesis. We can do this by simplifying everything out.
-7h - 8h + 10 > -4h + 11
Add like terms.
-15h + 10 > -4h + 11
Now, we must isolate our variables. We do this by moving all variables to one side and moving our other numbers to the other.
Subtract 10 from both sides. Then, add 4h to both sides.
-15h + 4h > 11 - 10
Simplify.
-h > 1
Divide both sides by -1.
However, keep in mind that when dividing with a negative, you must change the sign. Therefore, > turns into <
-h ÷ -1 < 1 ÷ -1
h < -1
Negative twelve time T plus two