Answer:
The standard deviation of that data set is 3.8
Step-by-step explanation:
The Empirical Rule states that, for a normally distributed random variable:
68% of the measures are within 1 standard deviation of the mean.
95% of the measures are within 2 standard deviation of the mean.
99.7% of the measures are within 3 standard deviations of the mean.
In this problem, we have that:
Mean = 55
95% of the data fall between 47.4 and 62.6. This means that 47.4 is 2 standard deviations below the mean and 62.6 is two standard deviations above the mean.
Using one of these points.
55 + 2sd = 62.6
2sd = 7.6
sd = 7.6/2
sd = 3.8
The standard deviation of that data set is 3.8
The total revenue that is gained from the sales of the cakes is determined by multiplying the number of cakes by the price. If we let x be the number of $1 that should be deducted from the price and y be the total revenue,
y = (25 - x)(100 + 5x)
Simplifying,
y = 2500 + 25x - 5x²
We get the value of x that will give us the maximum revenue by differentiating the equation and equating the differential to zero.
dy/dx = 0 = 25 - 10x
The value of x is 2.5.
The price of the cake should be 25 - 2.5 = 22.5.
Thus, the price of the cake that will give the maximum potential revenue is $22.5.
(0,346)(2,344.8)
slope = (344.8 - 346) / (2 - 0) = -1.2 / 2 = -0.6
y = mx + b
slope(m) = -0.6
use either of ur points (0,346)...x = 0 and y = 346
now we sub and find b, the y int
346 = -0.6(0) + b
346 = b
so ur equation is : y = -0.6x + 346
after 4 weeks....x = 4
y = -0.6(4) + 346
y = -2.4 + 346
y = 343.6 <=== after 4 weeks it will be 343.6
The answer is the first one
I hope that helped
