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alex41 [277]
2 years ago
8

A carpool service has 2,000 daily riders. A one-way ticket costs $5.00. The service estimates that for each $1.00 increase to th

e one-way fare, 100 passengers will find other means of transportation. Let x represent the number of $1.00 increases in ticket price.
Choose the inequality to represent the values of x that would allow the carpool service to have revenue of at least $12,000. Then, use the inequality to select all the correct statements.

-100x^2 + 1,500x + 10,000 >/= 12,000
100x^2 - 1,500x - 10,000 >/= 12,000
The price of a one-way ticket that will maximize revenue is $12.50.
The price of a one-way ticket that will maximize revenue is $7.50.
The maximum profit the company can make is $4,125.00.
100x^2 + 1,500x - 10,000 = 12,000
The maximum profit the company can make is $15,625.00.
Mathematics
1 answer:
DanielleElmas [232]2 years ago
6 0

Answer:

(2000 - 100x)(5 + x)》12000

10000 - 500x + 2000x - 100x²》12000

-100x² + 1500x + 10000》12000

x for max profit:

-200x + 1500 = 0

x = 7.5

Price = 5 + 7.5 = 12.5

Max profit:

(2000 - 100(7.5))(5 + 7.5)

= 1250 × 12.5

= $15625

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QUESTION THREE (30 MARKS) 3.1 The mass of a standard loaf of white bread is, by law meant to be 700g with a population standard
kiruha [24]

Using the normal distribution and the central limit theorem, it is found that  there is a 0.0284 = 2.84% probability of finding a sample mean mass of 695g or below.

----------------------------------

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the z-score of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean \mu and standard deviation \sigma, the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean \mu and standard deviation s = \frac{\sigma}{\sqrt{n}}.

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

----------------------------------

  • Mean of 700g means that \mu = 700
  • Standard deviation of 21g means that \sigma = 21
  • Sample of 64, thus n = 64
  • <u>For the sampling distribution of the sample mean</u>, the standard deviation is of s = \frac{21}{\sqrt{64}} = \frac{21}{8} = 2.625

The probability of finding a sample mean mass of 695g or below is the p-value of Z when X = 695, thus:

Z = \frac{X - \mu}{\sigma}

By the Central Limit Theorem

Z = \frac{X - \mu}{s}

Z = \frac{695 - 700}{2.625}

Z = -1.905

Z = -1.905 has a p-value of 0.0284.

0.0284 = 2.84% probability of finding a sample mean mass of 695g or below.

A similar problem is given at brainly.com/question/22934264

7 0
2 years ago
. A system may become infected by some spyware through the internet or e-mail. Seventy percent of the time the spyware arrives v
dem82 [27]

Answer:

This spyware is detected 66% of the time.

Step-by-step explanation:

We have these following percentages:

70% of the time, the spyware arrives via the internet, and in this case, is detected 60% of the time.

30% of the time, the spyware arrives via e-mail, and in this case, is detected 80% of the time.

What percentage of times is this spyware detected

Sum of 60% of 70%(arrived via spyware, detecte) and 80% of 30%(arrive via e-mail, detected). So

0.6*0.7 + 0.8*0.3 = 0.42 + 0.24 = 0.66

This spyware is detected 66% of the time.

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Line segment YV of rectangle YVWX measures 24 units. What is the length of line segment YX? 8 units units 12 units units
motikmotik
I assume there is a missing piece of information here, either the area or the perimeter should be given.
I'll just tell you how to solve this type of problems and you can apply using the information in your question.

If YV is the width of the rectangle, then YX will be its length.

Now, if the area is known:
area of triangle = width x length = YV x YX
YX = area / 24

If the perimeter is known:
perimeter of rectangle = 2 (length + width)
perimeter = 2 (YV + YX)
YX = (perimeter / 2) - 24
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