Matched Problem 7 Repeat example 7 for N ( x ) = 4 x 3 − 0.25 x 4 + 500 0 ≤ x ≤ 12 Maximum Rate of Change Currently, a discount appliance store is selling 200 large-screen TVs monthly. If the store invests $ x thousand in an advertising campaign, the ad company estimates that monthly sales will be given by N ( x ) = 3 x 3 − 0.25 x 4 + 200 0 ≤ x ≤ 9 When is the rate of change of sales increasing and when is it decreasing? What is the point of diminishing returns and the maximum rate of change of sales? Graph N and N ′ on the same coordinate system .
Matched Problem 7 Repeat example 7 for N ( x ) = 4 x 3 − 0.25 x 4 + 500 0 ≤ x ≤ 12 Maximum Rate of Change Currently, a discount appliance store is selling 200 large-screen TVs monthly. If the store invests $ x thousand in an advertising campaign, the ad company estimates that monthly sales will be given by N ( x ) = 3 x 3 − 0.25 x 4 + 200 0 ≤ x ≤ 9 When is the rate of change of sales increasing and when is it decreasing? What is the point of diminishing returns and the maximum rate of change of sales? Graph N and N ′ on the same coordinate system .
Solution Summary: The author illustrates how to find the intervals, where the rate of change of function is increasing and decreasing, also the diminishing returns and the maximum value.
Maximum Rate of Change Currently, a discount appliance store is selling 200 large-screen TVs monthly. If the store invests $x thousand in an advertising campaign, the ad company estimates that monthly sales will be given by
N
(
x
)
=
3
x
3
−
0.25
x
4
+
200
0
≤
x
≤
9
When is the rate of change of sales increasing and when is it decreasing? What is the point of diminishing returns and the maximum rate of change of sales? Graph N and N′ on the same coordinate system.
System that uses coordinates to uniquely determine the position of points. The most common coordinate system is the Cartesian system, where points are given by distance along a horizontal x-axis and vertical y-axis from the origin. A polar coordinate system locates a point by its direction relative to a reference direction and its distance from a given point. In three dimensions, it leads to cylindrical and spherical coordinates.
During busy political seasons, many opinion polls are conducted. In apresidential race, how do you think the participants in polls are generally selected?Discuss any issues regarding simple random, stratified, systematic, cluster, andconvenience sampling in these polls. What about other types of polls, besides political?
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Chapter 4 Solutions
Calculus for Business, Economics, Life Sciences, and Social Sciences (14th Edition)
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Discrete Distributions: Binomial, Poisson and Hypergeometric | Statistics for Data Science; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=lHhyy4JMigg;License: Standard Youtube License