Suppose that an appliance maker determines that in order to sell q appliances, the price per appli- ance must be p = 280 ? 0.4q The appliance maker has also determined the total cost to produce q appliances is C(q) = 5000 + 0.6q2 (a) What is the revenue function R(q)? (b) What is the prot function P(q)? (c) What is the maximum prot? (d) How many items must be produced and sold to yield the maximum prot? (e) What price per appliance must be charged to maximize pro

Q: Consider the following total revenue function for a hammer. R- 48x – 0.01x2 (a) The sale of how many…

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A: Here we have R(x) = −0.06x2+90x C(x) = 0.04x2+45x +2960

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Q: 22. Find the maximum or the minimum value of f(x)=-2x² –10x+5. SLO 11

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Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.