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scoundrel [369]
2 years ago
5

A box has 200 socks, 20 are blue and the rest are red. A person draws socks at random from the box, hoping to find a pair of blu

e socks. (a) Suppose that m socks are taken without replacement. Let Y be the random variable that counts the number of blue socks in the sample of m. What is the pmf of Y
Mathematics
1 answer:
Sonbull [250]2 years ago
3 0

Ummm i don't know what the pmf would be but the probability of grabbing a blue sock would be 10 out of 100...

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Answer:

a. C(x) = 24,000 + 100x

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Step-by-step explanation:

a. Cost function is C(x) = FC + pcost * x

C(x) = 24,000 + 100x

Where  

FC=Fixed cost  = 24,000

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b.Revenue function

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So,  FC + pcost * x=Px * x

24,000 + 100x=200x

Isolating x

24,000 =200x- 100x

100x=24000

x=24,000/100

x=240

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3 years ago
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Read 2 more answers
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