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Evergreen Fertilizer Company produces fertilizer. The company's fixed monthly cost is 25000 and its variable cost per pound of fertilizer is .15. Evergreen sells fertilizer for .40 per pound. Determine the monthly break-even volume for the company.
Statistics and Probability, Statistics
Question 1: Find the area between .-88 standard deviations below the mean and 2.35 standard deviations above the mean. '88=.3106 and 2.3=.4906 Both figures are added .3106+.4906= .8012 which is 80.12% Question 2: The are ...
Height in inches 69 67 69 71 70 72 Weight in lbs 164 161 189 192 184 198 a) Find the equation of the regression line with height as the explanatory variable and use the regression line to find the predicted ...
A researcher is planning to a silvicultural study using 3 different fertilizers on 3 adjacent plots. How many ways can the 3 plots be arranged if there are 18 fertilizers to choose from?
When Carolina's house burned down, she lost household items worth a total of $145,000. Her house was insured for $245,000, and her homeowner's policy provided coverage for personal belongings up to 70 percent of the insu ...
Consider the probability distribution shown below. x 0 1 2 P(x) 0.65 0.30 0.05 Compute the expected value of the distribution. Compute the standard deviation of the distribution. (Round your answer to four decimal places ...
Thirty-eight percent of consumers prefer to purchase electronics online. You randomly select 16 consumers. Find the probability that the number who prefer to purchase electronics online is at most 5.
A box contains 14 large marbles and 11 small marbles. Each marble is either green or white. 8 of the large marbles are green, and 5 of the small marbles are white. If a marble is randomly selected from the box, what is t ...
Elle Mae Industries has a cash balance of $59,000, accounts payable of $195,000; inventory of $235,000; accounts receivable of $295,000; notes payable of $219,000; and accrued wages and taxes of $49,000. How much net wor ...
In a sample of 150 hospital emergency admissions with a certain diagnosis, 128 listed vomiting as a presenting symptom. Do these data provide sufficient evidence to indicate, at the .01 level of significance, that the po ...
Question: In one law school class the entering students averaged 700 on the LSAT test with a standard de-viation of 40. Assuming the distribution of test scores was normal, what fraction of the class scored above 750? Th ...
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