Answer:
The correct answer is B.
Step-by-step explanation:
d) The company’s cost of manufacturing a single 2-inch binder is $0.55. What is the total expected profit (in dollars) that the company will make, per customer, during the promotion?
It should be noted that the mean and the standard deviation of the data given in will be 4.26 and 1.1011 respectively.
From the complete information, the mean will be calculated as:
= (0.02 × 1) + (0.09 × 2) + (0.12 × 3) + (0.15 × 4) + (0.62 × 5)
E(X) = 4.26
The standard deviation will be calculated thus:
E(X²) = (0.02 × 1²) + (0.09 × 2²) + (0.12 × 3²) + (0.15 × 4²) + (0.62 × 5²)
E(X²) = 19.36
The standard deviation will then be the difference between the square root of 19.36 and 4.26². This will be 1.1011.
The expected profit of the company will be:
= 0.75 × E(X)
= 0.75 × 4.26
= $3.20
The mean of the total number of binders purchased will be:
= 4.26 + 2.74 = 7
The standard deviation will be 1.6658.
Lastly, the total expected profit will be:
= 0.75E(X) + 1.45E(Y)
= 0.75(4.26) + 1.45(2.74)
= 3.195 + 3.973
= 71.68
Learn more about standard deviation on:
(4, 19) and (2, 11)
Answer:
General Formulas and Concepts:
Pre-Algebra
Algebra I
Step-by-step explanation:
Step 1: Define
(4, 19)
(2, 11)
Step 2: Find slope m
Answer:
triangle ZJ=20°
Step-by-step explanation:
I think correct it
Answer:
14
Step-by-step explanation:
13.7 ---------------14
Answer:
The student can proceed with the calculation of the confidence interval for the difference in population proportions. This is because, from the data she has, 3/4 of the Business students admitted to cheating while 1/2 of the Nursing students admitted to cheating also.
This is above the average number of students in her given sample size which is valid for extrapolation to the College Majors being investigated.
Step-by-step explanation:
Answer:
x=1/4 or x=-1
Step-by-step explanation:
x−
1
x
+3x+3=0
4x2+3x−1
x
=0
Step 1: Multiply both sides by x.
4x2+3x−1=0
(4x−1)(x+1)=0(Factor left side of equation)
4x−1=0 or x+1=0(Set factors equal to 0)
x=
1
4
or x=−1
Check answers. (Plug them in to make sure they work.)
x=
1
4
(Works in original equation)
x=−1(Works in original equation)
Answer:
x=
1
4
or x=−1
Answer:
80° because 50° 60° 70° and 80°