Answer:
The number of miles at which a car rented from either company cost the same amount is <u>50 miles</u>.
Step-by-step explanation:
Let x represents the number of miles at which a car rented from either company cost the same amount. Therefore, we can have the following equation:
RC = 25 + 0.14x ....................... (1)
BC = 23 + 0.18x ...................... (2)
Where;
RC = Total cost of Rent-Me Rent-A-Car
BC = Total cost of Better Deal Rental Car
The the cost of the two companies equal where RC = BC. Therefore, we equate equations (1) and (2) and solve for x as follows:
25 + 0.14x = 23 + 0.18x
25 - 23 = 0.18x - 0.14x
2 = 0.04x
x = 2 / 0.04
x = 50
Therefore, the number of miles at which a car rented from either company cost the same amount is <u>50 miles</u>.
<u>Note:</u>
This can be confirmed for equations (1) and (2) individually by substituting for x = 50 as follows:
For equation (1):
RC = 25 + 0.14(50)
RC = 25 + 7
RC = 32
For equation (2):
BC = 23 + 0.18(50)
BC = 23 + 9
BC = 32
Therefore, RC = BC = 32 confirms the answer.
Answer:
Step-by-step explanation:
It is two types of function.
- Exponential Growth: If function increase as value of x increase.
In this case, a>0 and b>1
- Exponential decay: If function decrease as value of x increase.
In this case, a>0 and 0<b<1
We need to choose exponential growth function.
Here a=0.75>0 and b=5>1
Therefore, This function is exponential growth.
Answer:
-5/4x +6 < 12
Step-by-step explanation:
Answer:
substitute x=1/2 in the equation then it will be
We need to find out how many adults must the brand manager survey in order to be 90% confident that his estimate is within five percentage points of the true population percentage.
From the given data we know that our confidence level is 90%. From Standard Normal Table we know that the critical level at 90% confidence level is 1.645. In other words, .
We also know that E=5% or E=0.05
Also, since, is not given, we will assume that =0.5. This is because, the formula that we use will have in the expression and that will be maximum only when =0.5. (For any other value of , we will get a value less than 0.25. For example if, is 0.4, then and thus, .).
We will now use the formula
We will now substitute all the data that we have and we will get
which can approximated to n=271.
So, the brand manager needs a sample size of 271