Mathematics, 15.04.2020 15:27, lindsayb2000
A scalper is considering buying tickets for a particular game. The price of the tickets is $75, and the scalper will sell them at $150. However, if she can't sell them at $150, she won't sell them at all. Given that the demand for tickets is a binomial random variable with parameters n = 10 and p = 1/2, how many tickets should she buy in order to maximize her expected profit?
Answers: 1
Mathematics, 21.06.2019 12:30, Annsanchez5526
Which equation can be simplified to find the inverse of y = 2x2?
Answers: 1
Mathematics, 21.06.2019 19:30, jrassicworld4ever
Need now max recorded the heights of 500 male humans. he found that the heights were normally distributed around a mean of 177 centimeters. which statements about max’s data must be true? a) the median of max’s data is 250 b) more than half of the data points max recorded were 177 centimeters. c) a data point chosen at random is as likely to be above the mean as it is to be below the mean. d) every height within three standard deviations of the mean is equally likely to be chosen if a data point is selected at random.
Answers: 1
Mathematics, 21.06.2019 22:30, noathequeen
James wants to promote his band on the internet. site a offers website hosting for $4.95 per month with a $49.95 startup fee. site b offers website hosting for $9.95 per month with no startup fee. for how many months would james need to keep the website for site a to be a better choice than site b?
Answers: 1
A scalper is considering buying tickets for a particular game. The price of the tickets is $75, and...
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