Answer:
See below
Step-by-step explanation:
Alex finally understands how Bob was trying to trick him into winning the bet because of how he puts in the condition for probability being less than 10%. Whichever way the outcome of the coin toss turns out to be, it will be in Bob's favor and Alex will lose the bet. If the coin is flipped 3 times, the probability of having heads exactly twice is
Answer:
a) P(x)=14x-224,000 and b) P(21,000)=70,000.
Step-by-step explanation:
a.) Use the formulas shown to write the company's profit function, P, from producing and selling x radios.
The company's profit is given by its revenue minus the production cost. Then, the profit function P(x) will be given by
b.) Find the company's profit if 21,000 radios are produced and sold
To obtain the company's profit we just need to substitute the value given (x=21,000) in the formula 1). Therefore,
.
Answer:
Step-by-step explanation:Here's link to the answly/3fcEdSxer:
bit.