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UNO [17]
3 years ago
15

Express the revenue equation in terms of price given the demand function.

Mathematics
1 answer:
statuscvo [17]3 years ago
4 0

Answer:

Step-by-step explanation:

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6895 round to nearest thousand​
garik1379 [7]

Answer:

7000

Step-by-step explanation:

8 0
3 years ago
In the field of quality​ control, the science of statistics is often used to determine if a process is​ "out of​ control." Suppo
Usimov [2.4K]

Answer:

a) P=0.0225

b) P=0.057375

Step-by-step explanation:

From exercise we have that  15​% of items produced are defective, we conclude that  probabiity:

P=15/100

P=0.15

a)  We calculate the probabiity  that two items are​ defective:

P= 0.15 · 0.15

P=0.0225

b)  We calculate the probabiity  that  two  of  three items are​ defective:

P={3}_C_{2} · 0.85 · 0.15 · 0.15

P=\frac{3!}{2!(3-2)!} · 0.019125

P=3 · 0.019125

P=0.057375

6 0
3 years ago
Suppose that two teams play a series of games that ends when one of them has won ???? games. Also suppose that each game played
Musya8 [376]

Answer:

(a) E(X) = -2p² + 2p + 2; d²/dp² E(X) at p = 1/2 is less than 0

(b) 6p⁴ - 12p³ + 3p² + 3p + 3; d²/dp² E(X) at p = 1/2 is less than 0

Step-by-step explanation:

(a) when i = 2, the expected number of played games will be:

E(X) = 2[p² + (1-p)²] + 3[2p² (1-p) + 2p(1-p)²] = 2[p²+1-2p+p²] + 3[2p²-2p³+2p(1-2p+p²)] = 2[2p²-2p+1] + 3[2p² - 2p³+2p-4p²+2p³] =  4p²-4p+2-6p²+6p = -2p²+2p+2.

If p = 1/2, then:

d²/dp² E(X) = d/dp (-4p + 2) = -4 which is less than 0. Therefore, the E(X) is maximized.

(b) when i = 3;

E(X) = 3[p³ + (1-p)³] + 4[3p³(1-p) + 3p(1-p)³] + 5[6p³(1-p)² + 6p²(1-p)³]

Simplification and rearrangement lead to:

E(X) = 6p⁴-12p³+3p²+3p+3

if p = 1/2, then:

d²/dp² E(X) at p = 1/2 = d/dp (24p³-36p²+6p+3) = 72p²-72p+6 = 72(1/2)² - 72(1/2) +6 = 18 - 36 +8 = -10

Therefore, E(X) is maximized.

6 0
3 years ago
Which expression is equivalent to 4(3+5)-3.94?
Anna007 [38]

Answer:

4(3 + 5) - 3.94 \\ 4 \times 8 - 3.94 \\ 32 - 3.94 \\  = 28.06

3 0
2 years ago
Pre-Cal Help?!?! Solve e^x^2-9=1
andrey2020 [161]
E^x^2 - 9 = 1
e^x^2 = 1 + 9 = 10
Ln e^x^2 = Ln 10
x^2 = Ln 10
x = sqrt (Ln 10) = 1.517
x = 1.517
5 0
3 years ago
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