A company is considering the introduction of a new product. The market size for the product can be extremely high or low. If the marketsize is extremely high, sales can be high ($1800), medium ($1000), or low ($800). If the market size is low, sales can be high ($800),medium ($600), or low ($250).(a) Make a tree diagram showing all possibilities. Write the amount expected from each outcome.high market size, high sales$high market size, medium sales$high market size, low sales$low market size, high sales$low market size, medium sales$low market size, low sales$(b) Based on your tree diagram, what is the highest amount of money you can get?$Under what conditions can you get this highest amount?high market size, high saleshigh market size, medium saleshigh market size, low saleslow market size, high saleslow market size, medium saleslow market size, low sales(c) Based on your tree diagram, what is the lowest amount of money you can get?$Under what conditions can you get this lowest amount?high market size, high saleshigh market size, medium saleshigh market size, low saleslow market size, high saleslow market size, medium saleslow market size, low sales

a.ans can place the bet or not. There are two possibilities: market price is low or extremely high.…

Answered: A company is considering the…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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In the scenario that follows, a friend has given you some coins. The coins consist of nickels and dimes . a. Your friend gave you exactly $1.35 in coins. d. Draw a graph representing the region when the number of nickels and dimes is at least $1.35. Complete the table that lists some possibile combinations of coins that would result in 20- a 18 group of coins worth $1.35. 16 Number of Number of nickels, x dimes, y 14 1 12- 10 10 b. Write an equation that models your friend giving you exactly $1.35 in nickels and dimes. Use the +4 2 variables as defined in the table. 10 12 14 16 18 20 Clear All Draw: c. Suppose that instead of the scenario above, your friend gave you at least $1.35 in nickels and dimes. Write an inequality that models this situation. Express your answer using the general form of a linear inequality. 2.
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The following line graph shows the price of a stock over the previous two weeks. Use the graph to determine the number of days in which the price was between $50$⁢50 and $60$⁢60. Value of Stock for Two WeeksDay1234567891011121314Price (in Dollars)40506070
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G.140.
how to make a tree diagram for the following situation, 81% of students have transitioned to online classes, 36% of college students now take on line classes gained 5 pounds 15% of students who do not take online classes have gained more than 5 pounds in the last 6 months.
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The owner of a skating rink rents the rink for parties at $800 if 40 or fewer skaters attend, so that the cost per person is $20 if 40 attend. For each 5 skaters above 40, she reduces the price per skater by $0.50. (a) Construct a table that gives the revenue generated if 40, 50, and 60 skaters attend. No. of skaters Total Revenue 40 50 60 20 19 18 Price per Skater $800 $950 $ 1080 (b) Does the owner's revenue from the rental of the rink increase or decrease as the number of skaters increases from 40 to 60? lo The revenue increases. The revenue decreases. (c) Write the equation that describes the revenue for parties with x groups of five skaters more than 40 skaters. R(x) = (20-0.5x) (40+5x) (d) Find the number of skaters that will maximize the revenue. skaters (e) Find the maximum revenue. $ (f) When the revenue is at the maximum possible, what price is paid per skater? $
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