Mathematics, 12.03.2020 05:29, kinslou6506
A woman in a highland village in the Andes knits sweaters and sells them for export. She also takes care of her family and helps farm the family land; therefore, the amount of time she can devote to knitting is random. The probability distribution of the number of sweaters she can produce per month is as follows:
a. What is the expected number of sweaters per month she manufactures?
b. What is the variance of the number of sweaters per month she manufactures?
c. The exporter pays $12 for each sweater. The woman pays $2 per sweater for yarn. She also pays $3 per month to send the sweaters to the exporter (this is the shipping cost regardless of the number of sweaters shipped). Give profit from knitting sweaters as a function of the number of sweaters knitted.
d. What are expected profits and the variance of profits?
Answers: 2
Mathematics, 21.06.2019 21:10, Marshmallow6989
Patty made a name tag in the shape of a parallelogram. reilly made a rectangular name tag with the same base and height. explain how the areas of the name tags compare.
Answers: 2
Mathematics, 21.06.2019 21:50, jak000067oyyfia
Which rule describes the composition of transformations that maps ajkl to aj"k"l"? ro. 900 o to, -2(x, y) to, -20 ro, 900(x, y) ro, 9000 t-2. o(x, y) t-2, 00 ro, 900(x, y)
Answers: 2
A woman in a highland village in the Andes knits sweaters and sells them for export. She also takes...
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