Answer:
Step-by-step explanation:
If the profit realized by the company is modelled by the equation
P (x) = −0.5x² + 120x + 2000, marginal profit occurs at dP/dx = 0
dP/dx = -x+120
P'(x) = -x+120
Company's marginal profit at the $100,000 advertising level will be expressed as;
P '(100) = -100+120
P'(100) = 20
Marginal profit at the $100,000 advertising level is $20,000
Company's marginal profit at the $140,000 advertising level will be expressed as;
P '(140) = -140+120
P'(140) = -20
Marginal profit at the $140,000 advertising level is $-20,000
<u>Based on the marginal profit at both advertising level, I will recommend the advertising expenditure when profit between $0 and $119 is made. At any marginal profit from $120 and above, it is not advisable for the company to advertise because they will fall into a negative marginal profit which is invariably a loss.</u>
Answer:
The 90% confidence interval for the mean nicotine content of this brand of cigarette is between 20.3 milligrams and 30.3 milligrams.
Step-by-step explanation:
We have the standard deviation for the sample, so we use the t-distribution to solve this question.
The first step to solve this problem is finding how many degrees of freedom, we have. This is the sample size subtracted by 1. So
df = 9 - 1 = 8
90% confidence interval
Now, we have to find a value of T, which is found looking at the t table, with 8 degrees of freedom(y-axis) and a confidence level of . So we have T = 1.8595
The margin of error is:
M = T*s = 1.8595*2.7 = 5
In which s is the standard deviation of the sample.
The lower end of the interval is the sample mean subtracted by M. So it is 25.3 - 5 = 20.3 milligrams
The upper end of the interval is the sample mean added to M. So it is 25.3 + 5 = 30.3 milligrams.
The 90% confidence interval for the mean nicotine content of this brand of cigarette is between 20.3 milligrams and 30.3 milligrams.
Probabilities are used to determine the chances of selecting a kind of donut from the box.
The probability that Warren eats a chocolate donut, and then a custard filled donut is 0.068
The given parameters are:
The total number of donuts in the box is:
The probability of eating a chocolate donut, and then a custard filled donut is calculated using:
So, we have:
Simplify
Multiply
Divide
Hence, the probability that Warren eats a chocolate donut, and then a custard filled donut is approximately 0.068
Read more about probabilities at:
brainly.com/question/9000575
Answer:
they would need 15 cases for 410 bag of chips
Step-by-step explanation:
410/7= about 15