I am not sure, but I think you are talking about the least square method
Answer:
Convert to a decimal by dividing the numerator by the denominator.
4.43349753 just easy
Answer:
The maximum revenue is 16000 dollars (at p = 40)
Step-by-step explanation:
One way to find the maximum value is derivatives. The first derivative is used to find where the slope of function will be zero.
Given function is:
Taking derivative wrt p
Now putting R'(p) = 0
As p is is positive and the second derivative is -20, the function will have maximum value at p = 40
Putting p=40 in function
The maximum revenue is 16000 dollars (at p = 40)
The ratio of the difference of the two means to Sidney’s mean absolute deviation is; 4/3.28
<h3>How to find the Mean Absolute Deviation?</h3>
From the given table, we see that;
Mean grade of Sidney = 82
Mean grade of Phil = 78.
Mean absolute deviation of Sidney = 3.28
Mean absolute deviation of Phil = 3.96.
The difference between the two means of Sidney and Phil = 82 - 78 = 4.
Thus, the ratio of the difference of the two means to Sidney’s mean absolute deviation is; 4/3.28
Complete Question is;
The means and mean absolute deviations of Sidney’s and Phil’s grades are shown in the table below. Means and Mean Absolute Deviations of Sidney’s and Phil’s Grades Sidney Phil Mean 82 78 Mean Absolute Deviation 3.28 3.96 Which expression represents the ratio of the difference of the two means to Sidney’s mean absolute deviation?
Read more about Mean Absolute Deviation at; brainly.com/question/447169
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