Question 2
16
The demand function for a company is given by q = f(p) = 3000 - 125p,
with...
Mathematics, 17.06.2021 01:20, cardsqueen
Question 2
16
The demand function for a company is given by q = f(p) = 3000 - 125p,
with p the price in thousands of rands and q the quantity of items.
Use the First derivative test and a number line to find the quantity that maximises revenue
Answers: 3
Mathematics, 21.06.2019 20:50, brea2006
An automobile assembly line operation has a scheduled mean completion time, μ, of 12 minutes. the standard deviation of completion times is 1.6 minutes. it is claimed that, under new management, the mean completion time has decreased. to test this claim, a random sample of 33 completion times under new management was taken. the sample had a mean of 11.2 minutes. assume that the population is normally distributed. can we support, at the 0.05 level of significance, the claim that the mean completion time has decreased under new management? assume that the standard deviation of completion times has not changed.
Answers: 3
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