Answer:
Step-by-step explanation:
The standard deviation is the square root of the variance, and the variance is found by using the mean. So we will do that first. I will use the population variance as opposed to the sample variance since our set of numbers is small.
The mean: 8 + 12 + 15 + 17 + 18 = 70 and divide that by 5 to get
and use this to find the variance in the formula:
it is a bit difficult to enter that formula in correctly, but here's how it works mathematically:
Squaring this ensures us that we don't end up with zero, which would be useless.
so
which means that the standard deviation is
s = 3.633
(If you do it with n-1 = 4 in the denominator of the variance, you get a standard deviation of 4.062)
Answer:
(a)Revenue function,
Marginal Revenue function, R'(x)=580-2x
(b)Fixed cost =900
.
Marginal Cost Function=300+50x
(c)Profit,
(d)x=4
Step-by-step explanation:
<u>Part A
</u>
Price Function
The revenue function
The marginal revenue function
<u>Part B
</u>
<u>(Fixed Cost)</u>
The total cost function of the company is given by
We expand the expression
Therefore, the fixed cost is 900
.
<u>
Marginal Cost Function</u>
If
Marginal Cost Function,
<u>Part C
</u>
<u>Profit Function
</u>
Profit=Revenue -Total cost
<u>
Part D
</u>
To maximize profit, we find the derivative of the profit function, equate it to zero and solve for x.
The number of cakes that maximizes profit is 4.
Answer:
A 99% confidence interval will be wider than a 95% confidence interval
Step-by-step explanation:
From the question we are told that
The 95% confidence interval for for the mean foot length for students at the college is found to be 21.709 to 25.091 cm
Generally the width of a confidence interval is dependent on the margin of error.
Generally the margin of error is mathematically represented as
From the above equation we see that
Here is the critical value of the half of the level of significance and this value increase as the confidence level increase
Now if a 99% confidence level is used , it then means that the value of
will increase, this in turn will increase the margin of error and in turn this will increase the width of the confidence interval
Hence a 99% confidence interval will be wider than a 95% confidence interval
Answer:
Step-by-step explanation:
The coordinates of QS are:
The ratio is represented as:
Required
Find the coordinates of R
The coordinates of R is calculated by:
Substitute values for m, n, x's and y's
<em>None of the options is correct</em>