Please help soooooo lost and dont know what to doooooooo!!!!!!!!!!
1 answer:
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Answer:
~
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Step-by-step explanation:
From the question we are told that:
Price of 20TVs per week
Marginal price-demand function
Generally the The Marginal price function is mathematically given by
Therefore the equation when the demand is 20 TVs per week at $150 per TV
Giving
Therefore the Price when the demand is 100 TVs per week
Answer:
a) 4.387
b) Yes, because np & npq are greater than 10.
c) = 0.017
Step-by-step explanation:
Give data:
p = 0.69
n = 90
a) a
E(X) = np = 62.1
= 4.387
b)
np = 62.1
q = 1 - p = 1 - 0.69 = 0.31
npq = 19.251
Yes, because np & npq are greater than 10.
c.
[continuity correction]
= P(Z> 2.14 )
= 1 - P(Z<2.14)
= 1 - 0.983 (using table)
= 0.017