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The revenue in thousands of dollars from producing x units of an item is modeled by R(x) = 10x - 0.001X2. Find the average rate of change in revenue as x changes from 1002 to 1008. Find the marginal revenue at x = 3000
Statistics and Probability, Statistics
Compounding and Period: As you increase the length of time involved, what happens to future values? What happens to present values? The present value of annuity will increase as well as the future value when you increase ...
An insurance company will pay Dave $220,000 (the market value of the house) should his house be destroyed by fire during the year. In return, Dave pays the insurance company $1280 that year (called the "premium") for tha ...
Given a normally distributed random variable, X, with mean (μ) and standard deviation (σ) shown on the right, calculate P(a μ =15 s = 2 a =16 b =20 Given a normally distributed random variable, X, with mean (μ) and stand ...
If the coefficient of determination is 0.233, what percentage of the data about the regression line is explained? How do I go about solving this?
A random sample of 86 eighth grade? students' scores on a national mathematics assessment test has a mean score of 292. This test result prompts a state school administrator to declare that the mean score for the? state' ...
A student recieves the grades shown below, with an A worth 4 points, a B worth 3 points, a C worth 2 points, and a D worth 1 point. What is the students grade point average? A in 1 four - credit classes C in 1 three - cr ...
A spinner is divided into five equal sectors labeled 1 through 5. What is the probability of getting at most two prime numbers in three spins?
Two plots at Rothamsted Experimental Station were studied for production of wheat straw. For a random sample of years, the annual wheat straw production (in pounds) from one plot was as follows. 6.12 7.03 5.77 6.96 7.31 ...
We toss n coins, and each toss shows heads with probability p, independently of each of the others. Each coin which shows heads is tossed again. What is the distribution function of the number of heads resulting from the ...
1) Suppose you purchase a 10-year bond with 6.4%annual coupons. You hold the bond for four years, and sell it immediately after receiving the fourth coupon. If the bond's yield to maturity was 5.4% when you purchased and ...
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