Answer:
A. $18
B. $200
C. 
Step-by-step explanation:
Function:

<u>Parts A and B:</u>
The price that generates the maximum profit is ate vertex of parabola. Find the coordinates of the vertex:

The price that generates the maximum profit is $18
The maximum profit is $200
<u>Part C:</u>
The company breaks even when the profit is positive. From the graph of the function you can see that the graph of the function is over p-axis for all
, so the positive profit is for 
In p=16 and p=20, the profit is 0 and when p<16 and p>20, there will be a loss.
Answer:
731 miles
Step-by-step explanation:
To solve this, we can set up a proportion.
Let's name the number of miles he travels in 17 hours x for now.
8/344=17/x
Simplify 8/344
2/86=17/x
Cross multiply
86*17=2*x
2x=1462
Divide both sides by 2.
x=731
He would travel 731 miles in 17 hours.
Answer:
(a) and (e) are not valid.
Step-by-step explanation:
a) The number of traials is not fixed. In fact, the random variable counts the total number of trials.
b) This is true, the result of each trial is independent of the others.
c) This is also true. The outcomes are failure and success.
d) This is true as well, all trials are identically distributed.
e) Since (a) is not valid, this cant be true.
Answer:
$280 dollars
Step-by-step explanation:
When they were leaving

When they returned home, they brought 196 Euros.

They brought back $280 dollars to the United States.
The rejection region is give by

where the test statistics is given by

i.e.

Thus,

Using the statistical table, the level of the test is 0.04.