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konstantin123 [22]
2 years ago
10

An arena receives $1,700 per event for 12 concerts. If the costs for this sponsorship total $14,000, what is the profit margin f

or the concert sponsorship?
Mathematics
1 answer:
miss Akunina [59]2 years ago
6 0

Answer:

total profit margin for all 12 concert is $6,400.

profit margin for all one concert is  $533.33

Step-by-step explanation:

Amount of money received for one event = $1700

Total no of concert = 12

Total money received for 12 event = Amount of money received for one event * Total no of concert

Total money received for 12 event  = $1700 *12 = $20,400

Total cost of sponsorship = $14,000

Profit margin is the difference money invested and money earned.

here total investment is $14,000

Total money earned is  $20,400

Therefore profit margin = money earned - total investment

= $20,400 -  $14,000 = $6,400

Therefore total profit margin for all 12 concert is $6,400.

However to calculate profit margin for one concert we can simply divide the total profit margin for all 12 concert by no of concert (i.e 12)

profit margin for one concert = total profit margin for all 12 concert/total no of concert  = $6,400/12 = $533.33

profit margin for all one concert is  $533.33

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Suppose triangle TIP and triangle TOP are isosceles triangles. Also suppose that TI=5, PI=7, and PO=11. What are all the possibl
taurus [48]
<h3>Two answers: 5, 7</h3>

====================================================

Explanation:

A drawing may be helpful to see what's going on. Check out the diagram below. This is one way of drawing out the two triangles. The locations of the points don't really matter, and neither does the the orientation of how you rotate things. What does matter is we have the right points connected to form the segments mentioned.

----------

For now, focus on triangle TIP only. In order to have this be isosceles, we must make TP = 5 or TP = 7.

If TP = 5, then it's the same length as TI.

If TP = 7, then it's the same length as PI.

In either case, we have exactly two sides the same length (the other side different) which is what it means for a triangle to be isosceles.

----------

Let's consider triangle TOP. For it to be isosceles, we must have two sides the same length. We already locked in TP to be either 5 or 7 in the previous section above. So there's no way that TP could be 11 units long to match up with PO = 11.

If TP = 5, then OT must also be 5 units long so that triangle TOP is isosceles.

If TP = 7, then OT = 7 for similar reasoning.

Either way, TP only has two choices on what it could be.

----------

In short, we basically just write the first two values given to us to get the two triangles to be isosceles. We can't use TP = 11 as it would make triangle TIP to be scalene (all sides are different lengths).

5 0
2 years ago
The height of an arrow shot upward can be given by the formula s = v0t - 16t2, where v0 is the initial velocity and t is time. H
Lina20 [59]

The arrow is at a height of 48 ft after approximately 0.55 seconds and after 5.45 seconds.

<em><u>Explanation</u></em>

The given formula is:   s=V_{0}t-16t^2

If the initial velocity is 96 ft/s , that means  V_{0}=96

For finding the time the arrow takes to reach a height of 48 ft, we will plug s= 48 into the above formula. So......

48=96t-16t^2\\ \\ 16t^2-96t+48=0\\ \\ 16(t^2-6t+3)=0\\ \\ t^2-6t+3=0\\ \\ t^2-6t =-3\\ \\ t^2-6t+9=-3+9\\ \\ (t-3)^2 = 6\\ \\ t-3= \pm \sqrt{6} \\ \\ t=3\pm \sqrt{6}\\ \\ t = 5.45 , 0.55

So, the arrow is at a height of 48 ft after approximately 0.55 seconds and after 5.45 seconds.

7 0
2 years ago
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The syntax for the IF statement is as follows:
=IF(condition, value if true, value if false)

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2 years ago
From Statistics and Data Analysis from Elementary to Intermediate by Tamhane and Dunlop, pg 265. A thermostat used in an electri
Leviafan [203]

Answer:

t=\frac{201.77-200}{\frac{2.41}{\sqrt{10}}}=2.32    

The degrees of freedom are given by:

df=n-1=10-1=9  

The p value for this case is given by:

p_v =2*P(t_{(9)}>2.32)=0.0455    

For this case since the p value is lower than the significance level we have enough evidence to reject the null hypothesis and we can conclude that the true mean is significantly different from 200 F.

Step-by-step explanation:

Information given

data: 202.2 203.4 200.5 202.5 206.3 198.0 203.7 200.8 201.3 199.0

We can calculate the sample mean and deviation with the following formulas:

\bar X= \frac{\sum_{i=1}^n X_i}{n}

\sigma=\sqrt{\frac{\sum_{i=1}^n (X_i -\bar X)^2}{n-1}}

\bar X=201.77 represent the sample mean    

s=2.41 represent the sample standard deviation    

n=10 sample size    

\mu_o =200 represent the value that we want to test    

\alpha=0.05 represent the significance level for the hypothesis test.    

t would represent the statistic

p_v represent the p value for the test

Hypothesis to test

We want to determine if the true mean is equal to 200, the system of hypothesis are :    

Null hypothesis:\mu = 200    

Alternative hypothesis:\mu = 200    

The statistic for this case is given by:

t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}} (1)    

The statistic is given by:

t=\frac{201.77-200}{\frac{2.41}{\sqrt{10}}}=2.32    

The degrees of freedom are given by:

df=n-1=10-1=9  

The p value for this case is given by:

p_v =2*P(t_{(9)}>2.32)=0.0455    

For this case since the p value is lower than the significance level we have enough evidence to reject the null hypothesis and we can conclude that the true mean is significantly different from 200 F.

4 0
2 years ago
A sample of 1714 cultures from individuals in Florida diagnosed with a strep infection was tested for resistance to the antibiot
Damm [24]

Answer:

a) p represent the real population proportion of people who showed partial or complete resistance to the antibiotic

b) \hat p=\frac{973}{1714}=0.568 represent the estimated proportion of people who showed partial or complete resistance to the antibiotic

c) We are confident (95%) that the true proportion of individuals in Florida diagnosed with a strep infection was tested for resistance to the antibiotic penicillin present partial or complete resistance to the antibiotic is between 54.5% to 59.1%.  

Step-by-step explanation:

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".

The margin of error is the range of values below and above the sample statistic in a confidence interval.

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

Part a

Description in words of the parameter p

p represent the real population proportion of people who showed partial or complete resistance to the antibiotic

\hat p represent the estimated proportion of people who showed partial or complete resistance to the antibiotic

n=1714 is the sample size required

z_{\alpha/2} represent the critical value for the margin of error

The population proportion have the following distribution  

p \sim N(p,\sqrt{\frac{p(1-p)}{n}})

Part b

Numerical estimate for p

In order to estimate a proportion we use this formula:

\hat p =\frac{X}{n} where X represent the number of people with a characteristic and n the total sample size selected.

\hat p=\frac{973}{1714}=0.568 represent the estimated proportion of people who showed partial or complete resistance to the antibiotic

Part c

The confidence interval for a proportion is given by this formula

\hat p \pm z_{\alpha/2} \sqrt{\frac{\hat p(1-\hat p)}{n}}

For the 95% confidence interval the value of \alpha=1-0.95=0.05 and \alpha/2=0.025, with that value we can find the quantile required for the interval in the normal standard distribution.

z_{\alpha/2}=1.96

And replacing into the confidence interval formula we got:

0.568 - 1.96 \sqrt{\frac{0.568(1-0.568)}{1714}}=0.545

0.568 + 1.96 \sqrt{\frac{0.56(1-0.56)}{1714}}=0.591

And the 95% confidence interval would be given (0.545;0.591).

We are confident that about 54.5% to 59.1% of individuals in Florida diagnosed with a strep infection was tested for resistance to the antibiotic penicillin present partial or complete resistance to the antibiotic.  

5 0
2 years ago
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