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lianna [129]
1 year ago
10

Find a linear equation to model this real-world application:

Mathematics
1 answer:
SSSSS [86.1K]1 year ago
3 0

The linear equation to model the company's monthly expenses is y = 2.5x + 3650

<em><u>Solution:</u></em>

Let "x" be the units produced in a month

It costs ABC electronics company $2.50 per unit to produce a part used in a popular brand of desktop computers.

Cost per unit = $ 2.50

The company has monthly operating expenses of $350 for utilities and $3300 for salaries

We have to write the linear equation

The linear equation to model the company's monthly expenses in the form of:

y = mx + b

Cost per unit = $ 2.50

Monthly Expenses = $ 350 for utilities and $ 3300 for salaries

Let "y" be the total monthly expenses per month

Then,

Total expenses = Cost per unit(number of units) + Monthly Expenses

y = 2.50(x) + 350 + 3300\\\\y = 2.5x + 3650

Thus the linear equation to model the company's monthly expenses is y = 2.5x + 3650

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5 0
2 years ago
The U.S. Bureau of Labor Statistics reports that 11.3% of U.S. workers belong to unions (BLS website, January 2014). Suppose a s
andrezito [222]

Answer:

a) Null hypothesis:p \leq 0.113  

Alternative hypothesis:p > 0.113  

b) z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}} (1)  

Replacing we got:

z=\frac{0.13 -0.113}{\sqrt{\frac{0.113(1-0.113)}{400}}}=1.074  

The p value for this case would be given by:

p_v =P(z>1.074)=0.141  

c) For this case we see that the p value is higher than the significance level of 0.05 so then we have enough evidence to FAIL to reject the null hypothesis and we can't conclude that the true proportion workers belonged to unions is significantly higher than 11.3%

Step-by-step explanation:

Information given

n=400 represent the random sample taken

X=52 represent the  workers belonged to unions

\hat p=\frac{52}{400}=0.13 estimated proportion of workers belonged to unions

p_o=0.113 is the value that we want to test

\alpha=0.05 represent the significance level

Confidence=95% or 0.95

z would represent the statistic

p_v represent the p value

Part a

We want to test if the true proportion of interest is higher than 0.113 so then the system of hypothesis are.:  

Null hypothesis:p \leq 0.113  

Alternative hypothesis:p > 0.113  

Part b

The statistic is given by:

z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}} (1)  

Replacing we got:

z=\frac{0.13 -0.113}{\sqrt{\frac{0.113(1-0.113)}{400}}}=1.074  

The p value for this case would be given by:

p_v =P(z>1.074)=0.141  

Part c

For this case we see that the p value is higher than the significance level of 0.05 so then we have enough evidence to FAIL to reject the null hypothesis and we can't conclude that the true proportion workers belonged to unions is significantly higher than 11.3%

8 0
2 years ago
Matt makes $80 a month mowing lawns. His friend James also mows lawns, but he makes x dollars less per month than Matt does. Jam
Ad libitum [116K]

Answer:

he makes $12 less.

Step-by-step explanation:

$80X12=960 - Matts income for the year

960-816=144 -How much less James makes than Matt per year

144/12=12 - How much less James makes than Mat per month

leave 5 stars and a thanks if it was helpful.

3 0
1 year ago
Read 2 more answers
Suppose the firm in this example considers a second product that has a unit profit of $5 and requires 2 hours of production time
user100 [1]

The question is incomplete, here is the complete question

Recall the production model from Section 1.3:

Max 10x

s.t. 5x ≤ 40

x ≥ 0

Suppose the firm in this example considers a second product that has a unit profit of $5 and requires 2 hours for each unit produced. Assume total production capacity remains 40 units. Use y as the number of units of product 2 produced. . Show the mathematical model when both products are considered simultaneously.

Answer:

Max Profit: 10x + 5y

5x + 2y ≤ 40

x ≥ 0, y ≥ 0

Explanation:

x= number of units of product 1 produced

y = number of units of product 2 produced

Since the first product, x, has a unit profit of $10 and Max1 is 10x

Second product, y, has a unit profit of $5, Max2 = 5y

The maximum profit when both products are considered simultaneously is 10x + 5y

Max Profit = 10x + 5y

Time required for each unit of x is 5hours

Therefore, time required for x units is 5x hours

Time required for each unit of y is 2hours  

Therefore, time required for y units is 2y hours

Time required for the simultaneous production of both products is 5x + 2y

Since production capacity remains 40 units, 5x+2y ≤40

NB: The values of x and y cannot be negative  

5 0
1 year ago
The baker pays $0.80 per pound for sugar and $1.25 per pound for butter. Write an expression that shows how much the baker will
alekssr [168]
X is sugar
y is butter
z is total money

$0.80x + $1.25y = z

the total money spent if the Baker bought 6 pounds of butter and 20 pounds of sugar would be $23.50.
5 0
2 years ago
Read 2 more answers
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