Concept explainers
Probability of Gasoline Sales A certain gas station sells
If the tank contains 1.6 thousand gallons at the beginning of the week, find the probability that the gas station will have enough gas for its customers throughout the week.
How much gas must be in the tank at the beginning of the week to have a probability of
Compute the density function for
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Calculus & Its Applications
- Heart Disease In a certain country, the number of deaths due to heart disease decreased from 235 in one year to 221 in the next year. What percentage decrease in deaths due to heart disease does this represent?arrow_forwardAn electric company charges 10 per month plus 20 for each kilowatt-hour kwh of electricity used. a. Find a function that gives the total cost C of x kwh of electricity. b. Find the total cost of using 775 kwh. c. Find a function that gives the mean cost kwh C, when using x kwh. d. Find the mean cost per kwh when 775 kwh are used. Round to the nearest hundredth. e. Find the mean cost per kwh when 3200 kwh are used. Round to the nearest hundredth.arrow_forwardContinued This is a continuation of Exercise 13. As we saw earlier, the stock turnover rate of an item is the number of times that the average inventory of the item needs to be replaced as a result of sales in a given time period. Suppose that a hardware store sells 80 shovels each year. a. Suppose that the hardware store maintains an average inventory of 5 shovels. What is the annual stock turnover rate for the shovels? How is this related to the yearly number of orders to the wholesaler needed to restock inventory? b. What would he the annual stock turnover rate if the store maintained an average inventory of 20 shovels? c. Write a formula expressing the annual stock turnover rate as a function of the average inventory of shovels, identify the function and the variable, and state the units.arrow_forward
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