Annie's Apartments is looking to maximize their revenue this year. Annie noticed that when rent was set at $300 that 100 of her units were occupied, but that when she raised her rent to $350 only 90 of her units were occupied. Assuming a linear relation between rent prices and number of units occupied, what price should Annie charge to maximize her revenue from Annie's Apartments? (You must show work that has you finding the revenue function as well as a critical value on that function.)

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A: Basic concept of discrete probability distribution are used

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A: Yes your work is correct. Well done.

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A: Given that: The table ,

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A: According to the given information in this question We need to answer part d

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Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.