Answer:
$28.
Step-by-step explanation:
p(x) = -2(x - 9)^2 + 100
If the prices (x) = 15 dollars we work out the profit by substituting x = 15 in the above formula:
p(15) = -2(15 - 9)^2 + 100
= -2 * 6^2 + 100
= $28.
Answer:
The best option for him would be a real interest rate of 5%.
Step-by-step explanation:
The nominal interest rate is the one that represents the percentage of increase of the money that is in a certain investment, without discounting the depreciation due to inflation or the payment of taxes.
On the other hand, the real interest rate is the one that represents the real increase in the money invested, after discounting inflation and any taxes to be paid.
Therefore, the best option for Oscar would be to invest his $ 4,000 in a savings account with a real interest rate of 5% per year.
<u><em>Answers:</em></u>
(2,1)
(1,3)
<u><em>Explanation:</em></u>
Assume that the number of hot dogs is x and the number of water bottles is y.
<u>We are given that:</u>
1- cost of hot dog is $4
2- cost of water is $2
3- total profit was less than $12
<u>This means that:</u>
4x + 2y < 12
<u>We will check the options that satisfy the above inequality:</u>
<u>Option 1: (-1,5):</u>
This option is rejected as we cannot sell -1 hot dog
<u>Option 2: (0,6):</u>
4x + 2y = 4(0) + 2(6) = 12
12 is not less than 12
This option is incorrect
<u>Option 3: (2,1):</u>
4x + 2y = 4(2) + 2(1) = 8 + 2 = 10
10 is less than 12
This option is correct
<u>Option 4: (1,1.5):</u>
This option is incorrect as we cannot sell 1.5 bottle of water
<u>Option 5: (1,3):</u>
4x + 2y = 4(1) + 2(3) = 4 + 6 = 10
10 is less than 12
This option is correct
<u>Option 6: (2,2):</u>
4x + 2y = 4(2) + 2(2) = 8 + 4 = 12
12 is not less than 12
This option is incorrect
Hope this helps :)
Answer:

Step-by-step explanation:
From the given information;
the probability of getting returned p = 0.1
If eight rings are sold today, what is the probability that fewer than three will be returned;
According to binomial distribution
Binomial distribution is the probability of success or failure of an outcome of an experiment under observation which is usually repeated several trials. Binomial experiments are random experiment with fixed number of repeated experiment. If we cannot predict before head, the outcome of an experiment , the experiment is called a random experiment.
So , using binomial distribution to determine the probability that fewer than three will be returned;
i.e

