Revenue. (a) Using the price-demand function p x = 2000 − 60 x 1 ≤ x ≤ 25 from Problem 86 , write the company’s revenue function and indicate its domain. (b) Complete Table 11 , computing revenues to the nearest thousand dollars. (c) Plot the points from part (B) and sketch a graph of the revenue function using these points. Choose thousands for the units on the horizontal and vertical axes.
Revenue. (a) Using the price-demand function p x = 2000 − 60 x 1 ≤ x ≤ 25 from Problem 86 , write the company’s revenue function and indicate its domain. (b) Complete Table 11 , computing revenues to the nearest thousand dollars. (c) Plot the points from part (B) and sketch a graph of the revenue function using these points. Choose thousands for the units on the horizontal and vertical axes.
Solution Summary: The author calculates the revenue function and its domain, if the price demand function is p(x)=2000-60x,1le x
from Problem
86
, write the company’s revenue function and indicate its domain.
(b) Complete Table
11
, computing revenues to the nearest thousand dollars.
(c) Plot the points from part (B) and sketch a graph of the revenue function using these points. Choose thousands for the units on the horizontal and vertical axes.
Consider a sample with data values of 27, 25, 20, 15, 30, 34, 28, and 25. Compute the range, interquartile range, variance, and standard deviation (to a maximum of 2 decimals, if decimals are necessary).
Range
Interquartile range
Variance
Standard deviation
Could you explain this using the formula I attached and polar coorindates
1: Stanley Smothers receives tips from customers as a standard component of his weekly pay. He was paid $5.10/hour by his employer and received $305 in tips during the
most recent 41-hour workweek.
Gross Pay = $
2: Arnold Weiner receives tips from customers as a standard component of his weekly pay. He was paid $4.40/hour by his employer and received $188 in tips during the
most recent 47-hour workweek.
Gross Pay = $
3: Katherine Shaw receives tips from customers as a standard component of her weekly pay. She was paid $2.20/hour by her employer and received $553 in tips during the
most recent 56-hour workweek.
Gross Pay = $
4: Tracey Houseman receives tips from customers as a standard component of her weekly pay. She was paid $3.90/hour by her employer and received $472 in tips during
the most recent 45-hour workweek.
Gross Pay = $
Chapter 2 Solutions
Finite Mathematics for Business, Economics, Life Sciences, and Social Sciences (14th Edition)
University Calculus: Early Transcendentals (4th Edition)
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