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Concept explainers
Revenue. Revenues from sales of a soft drink over a 2-year period are given approximately by
where R(t) is revenue (in millions of dollars) for a month of sales t months after February 1.
(A) What is the rate of change of revenue t months after February 1?
(B) What is the rate of change of revenue 1 month after February 1? 6 months after February 1? 11 months after February 1?
(C) Find all
(D) Find the absolute maximum and minimum for 0
(E) Repeat part (C), using a graphing calculator.
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Chapter 8 Solutions
FIN 108 ISU LOOSE >IP<
- Upland Co.'s inventory records showed the following data accounted for in a perpetual inventory system. Unit Date June 1 Units Cost Inventory (beg.) 700 $8.00 June 3 Purchases 1,400 8.40 June 7 Sales (at $16 per unit) 980 952 9.00 June 20 Purchases June 22 Sales (at $16 per unit) 1,540 What is (a) ending inventory on June 30, and (b) cost of goods sold for June, using the FIFO inventory method? •Note: Do not use negative signs with any of your answers. •Note: List the inventory units in chronological order based on their purchase date with beginning inventory, if any, listed first.arrow_forwardanswer problem 1a, 1b, 1c, 1d, and 1e and show work/ explain how you got the answerarrow_forward2. After an earthquake, each building in a community can be classified based on the ground shaking it experienced (Low level of shaking SL; Moderate level of shaking Sм; High level of shaking SH) and the damage it experienced (No damage DN; Moderate damage Dм; Severe damage Ds). a. Write the sample space of possible building classifications for a given building. b. Define the event that a building experiences at least some damage. C. Define the event that a building experiences at least moderate shaking but no damage.arrow_forward
- Figure B is a scaled copy of Figure A what is the scale factor from Figure A to Figure Barrow_forwardExplain how solve 4x + 3 = 7 using the change of base formula logy: logy. Include the solution for x in your answer. Round your answer to the nearest thousandth. log barrow_forwardSarah is attempting to find the height of a tree by using a mirror. By the laws of physics she knows that the angle of incidence is congruent to the angle of reflection (these are marked in red on the diagram). Explain why the two triangles are similar and if she knows her height and the distance from the mirror to her feet and also the distance from the mirror to the tree how could she calculate the height of the tree?arrow_forward
- Let Y be a continuous RV with PDF otherwise Find the CDF, Fry), of Y . Find an expression for pth, p € (0, 1), quantile of the distribution. Find E(Y) and V(Y). Find E(-2Y + 1) and V(-3Y - 2). Find E(Y3).arrow_forwardProvethat a) prove that for any irrational numbers there exists? asequence of rational numbers Xn converg to S. b) let S: RR be a sunctions-t. f(x)=(x-1) arc tan (x), xe Q 3(x-1) 1+x² x&Q Show that lim f(x)= 0 14x C) For any set A define the set -A=yarrow_forwardLet X be a continuous RV with CDF Find P(X < 0), P(-1 < X < 1) and P(0.5 < X). Based on your answers to the above questions, what is the median of the distribu-tion? Why Find the PDF, fx (x), of X.arrow_forwardNo chatgpt pls will upvote Already got wrong chatgpt answer Plzarrow_forwardQ2: Find the interval and radius of convergence for the following series: Σ n=1 (-1)η-1 xn narrow_forwardA survey of 581 citizens found that 313 of them favor a new bill introduced by the city. We want to find a 95% confidence interval for the true proportion of the population who favor the bill. What is the lower limit of the interval? Enter the result as a decimal rounded to 3 decimal digits. Your Answer:arrow_forwardarrow_back_iosSEE MORE QUESTIONSarrow_forward_ios
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