Answer: Third option is correct.
Step-by-step explanation:
Since we have given that
Mean = 10
Sample size = 9
Standard deviation = 6
We need to find the upper and lower control limits.
so, Lower limit would be
Upper limit would be
Hence, Third option is correct.
Answer:
Option A) outside
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Answer: The correct option is first, the number of basketball hoops did the company previously produce to make the same profit is 1.3 million hoops.
Explanation:
Let the number of basketball hoops did the company previously produce to make the same profit be x.
Total Revenue = Price * Quantity
The total revenue in million dollars is,
The total cost in million dollars is,
Total Cost = One unit cost * Quantity
Profit = Total Revenue - Total Cost
The profit is 15 million.
The value of x is 1 and .
The production is always positive therefore the value of x either 1 or 1.3. Since 1 million is not available in the options therefore the the correct optin is 1.3 million hoops.
Answer:
Probability each player gets an ace, a $2 and a $3 = 0.0374
Step-by-step explanation:
The total number of ways to divide the card in triples among four players = 369600 ways
The total number of ways to share the cards such that no card is repeated in each triple = 13824 ways
Probability each player gets an ace, a $2 and a $3 = 13824/369600
Probability each player gets an ace a $2 and a $3 = 0.0374
Note: Further explanation is provided in the attachment.
