Movie Advertising The percentage of movie advertising as a share of newspapers’ total advertising revenue from 1995 to 2004 can be approximated by p ( t ) = { 0.07 t + 6.0 if t ≤ 4 − 0.3 t + 17.0 if t > 4 , Where t is time in years since 1995. a. Compute lim t → 4 − p ( t ) and lim t → 4 + p ( t ) , and interpret each answer. [ HINT: See Example 3.] b. Is the function f continuous at t = 4 ? What does the answer tell you about movie advertising expenditures?
Movie Advertising The percentage of movie advertising as a share of newspapers’ total advertising revenue from 1995 to 2004 can be approximated by p ( t ) = { 0.07 t + 6.0 if t ≤ 4 − 0.3 t + 17.0 if t > 4 , Where t is time in years since 1995. a. Compute lim t → 4 − p ( t ) and lim t → 4 + p ( t ) , and interpret each answer. [ HINT: See Example 3.] b. Is the function f continuous at t = 4 ? What does the answer tell you about movie advertising expenditures?
Solution Summary: The author calculates the percentage of movie advertising as a share of newspaper’s total advertising revenue during the period 1995-2004.
2. (5 points) Let f(x) =
=
-
-
- x² − 3x+7. Find the local minimum and maximum point(s)
of f(x), and write them in the form (a, b), specifying whether each point is a minimum
or maximum. Coordinates should be kept in fractions.
Additionally, provide in your answer if f(x) has an absolute minimum or maximum
over its entire domain with their corresponding values. Otherwise, state that there is no
absolute maximum or minimum. As a reminder, ∞ and -∞ are not considered absolute
maxima and minima respectively.
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