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DIA [1.3K]
2 years ago
13

A population consists of the following five values: 1, 3, 4, 4, and 6. List all samples of size 2 from left to right without rep

lacement, and compute the mean of each sample. (Round your mean value to 1 decimal place.)
Mathematics
1 answer:
aniked [119]2 years ago
8 0

Answer:

The sample of sizes 2 and their mean are given below.

Step-by-step explanation:

The population consist of  5 values, S = {1, 3, 4, 4, 6}.

The number of samples of size 2 (without replacement) that can be formed from these 5 values is:

{5\choose 2}=\frac{5!}{2!(5-2)!} =10

Th formula to compute the mean is:

\bar x=\frac{1}{n}\sum x_{i}

List the 10 samples and their mean as follows:

<u>Sample</u>                       <u>Mean</u>

(1, 3)                    \bar x=\frac{1}{2}[1+3]=\frac{4}{2}=2.0

(1, 4)                    \bar x=\frac{1}{2}[1+4]=\frac{5}{2}=2.5

(1, 4)                    \bar x=\frac{1}{2}[1+4]=\frac{5}{2}=2.5

(1, 6)                    \bar x=\frac{1}{2}[1+6]=\frac{7}{2}=3.5

(3, 4)                   \bar x=\frac{1}{2}[3+4]=\frac{7}{2}=3.5

(3, 4)                   \bar x=\frac{1}{2}[3+4]=\frac{7}{2}=3.5

(3, 6)                   \bar x=\frac{1}{2}[3+6]=\frac{9}{2}=4.5

(4, 4)                   \bar x=\frac{1}{2}[4+4]=\frac{8}{2}=4.0

(4, 6)                   \bar x=\frac{1}{2}[4+6]=\frac{10}{2}=5.0

(4, 6)                   \bar x=\frac{1}{2}[4+6]=\frac{10}{2}=5.0

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x=\frac{-b\pm\sqrt{b^2-4ac}}{2a}

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a=1, b=-12 and c=59

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Answer:

Step-by-step explanation:

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R(x) = x{700 − 0.01x ln(x)}

R(x) = 700x - x(0.01x ln(x))

R(x) = 700x - 0.01x²lnx

Hence the revenue function R(x) is expressed as R(x) = 700x - 0.01x²lnx

Marginal revenue function is derived by finding the derivative of the revenue function R(x). On differentiating;

d{R(x)}/dx = 700 - 0.01{x²(1/x)+2xlnx} (note that product rule was used to differentiate the function in parenthesis).

d{R(x)}/dx = 700 - 0.01{x+2xlnx}

Open the parenthesis

d{R(x)}/dx = 700 - 0.01x-0.02xlnx

Hence the marginal revenue function R'(x) is expressed as 700 - 0.01x-0.02xlnx.

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Given R(x) = 700x - 0.01x²lnx

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