2. A local t-shirt company sold 2000 t-shirts two weeks ago when they charged $10 for each shirt. The following week they sold 1120 t-shirts when they raised the price to $19 per shirt. Assuming that this rate of change continues find the following: a. Find a linear function S(p) that models the number of shirts sold as a function of the price p. b. Explain the meaning of the slope In terms of the problem. c. Predict the number of shirts the store would sell if they charged $25 for each shirt. d. If the store would like to maintain a weekly sales level of 1450 shirts how much should they charge per shirt?

Answers

Answer 1

9514 1404 393

Answer:

  a) S(p) = -97.78p +2977.78

  b) about 98 fewer shirts per week will be sold for each $1 increase in price

  c) 533 shirts per week

  d) $15.63

Step-by-step explanation:

a) You are given two ordered pairs: (p, s) = (10, 2000) and (19, 1120). The two-point form of the equation for a line can be used.

  y = (y2 -y1)/(x2 -x1)(x -x1) +y1

  s = (1120 -2000)/(19 -10)(p -10) +2000

  s = -97.78(p -10) +2000

  S(p) = -97.78p +2977.78

__

b) The slope is shirts/dollar, meaning about 98 fewer shirts will be sold for each dollar increase in price.

__

c) S(25) ≈ 533

At a price of $25, the store would sell about 533 shirts per week.

__

d) 1450 = S(p) = -97.78p +2977.78

  -1527.78 = -97.78p

  15.625 = p ≈ 15.63

The store should charge $15.63 per shirt to maintain sales of 1450 shirts per week.


Related Questions

please answer quickly

noah has $14 more then his brother jared. jared has $51. how much money does noah have?

Answers

Answer:

$65

Step-by-step explanation:

$51 + $14

$65

Answer:

$65

Step-by-step explanation:

14+51=61

Find slope of (2,3) and (-5,6).

Answers

Answer:

Slope is 3/-7

Step-by-step explanation:

[tex]slope = \frac{6 - 3}{ - 5 - 2} = \frac{3}{ - 7} [/tex]

A company offers a flood insurance policy that costs a homeowner $200 per year, and the company will make a payout of $100,000 to the homeowner if they have a flood in that year. The company set this price based on the probability of a flood in the area being 0.001. The table below displays the probability distribution of X=X= the company's profit from one of these policies.

No flood Flood
X=profit $200 -$99,800
P(X) 0.999 0.001

Given that μX​=$100, calculate σX​.
You may round your answer to the nearest dollar.

Answers

Answer:

σX​ = 3161

Step-by-step explanation:

The standard deviation is the square root of the multiplication of each probability multiplied by the squared difference between the values and the mean.

In this question:

[tex]\sigma X = \sqrt{0.999*(200-100)^2 + 0.001*(-99800-100)^2} = 3160.7[/tex]

Rounding to the nearest dollar, σX​ = 3161



Sin Of = f (m + You
3​

Answers

Answer:

what do you mean by your question I didn't understand it

3.5.1 Why do banks charge transaction fees?​

Answers

To make a profit and pay operating expenses, banks typically charge for the services they provide. When a bank lends you money, it charges interest on the loan. Even fee-free checking and savings accounts have some fees.
i miss brown hair color all the way better and internet is a little more expensive for me to do that one ☝️ w.

Concerns about climate change and CO2 reduction have initiated the commercial production of blends of biodiesel (e.g., from renewable sources) and petrodiesel (from fossil fuel). Random samples of 32 blended fuels are tested in a lab to ascertain the bio/total carbon ratio. (a) If the true mean is .9370 with a standard deviation of 0.0090, within what interval will 99 percent of the sample means fall

Answers

Answer:

99% of the sample means will fall between 0.93288 and 0.94112.

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

The true mean is .9370 with a standard deviation of 0.0090

This means that [tex]\mu = 0.9370, \sigma = 0.0090[/tex]

Sample of 32:

This means that [tex]n = 32, s = \frac{0.009}{32} = 0.0016[/tex]

Within what interval will 99 percent of the sample means fall?

Between the 50 - (99/2) = 0.5th percentile and the 50 + (99/2) = 99.5th percentile.

0.5th percentile:

X when Z has a pvalue of 0.005. So X when Z = -2.575.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]-2.575 = \frac{X - 0.9370}{0.0016}[/tex]

[tex]X - 0.9370 = -2.575*0.0016[/tex]

[tex]X = 0.93288[/tex]

99.5th percentile:

X when Z has a pvalue of 0.995. So X when Z = 2.575.

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]2.575 = \frac{X - 0.9370}{0.0016}[/tex]

[tex]X - 0.9370 = 2.575*0.0016[/tex]

[tex]X = 0.94112[/tex]

99% of the sample means will fall between 0.93288 and 0.94112.

A student bought a truck with a down payment of $4,000 and monthly payments of
$250 for four years. What was the total cost of the truck?

Answers

the answer is 5,000 because 250x4=1000+4000=5000

true or false: a well-designed sample survey, the sample percentage is very likely to equal the population percentage. explain.

Answers

Answer:

false

Step-by-step explanation:

There's going to be some variabilty between the sample and population percentages, cus the sample only contains part of of the population. Even if it is a well designed survey, it doesn't affect this, because no matter how good the sample is, there will always be variability between the two (unless the sample includes the whole population). I hope this helps :)

Xander had $24, he spent 3/4 of it how much money does he have left?

Answers

Answer:

6.25

Step-by-step explanation:

The correct answer is $6

Lin went hiking on five different weekends. The table shows the
elevation changes in feet for each of her five hikes. Fill in the
missing numbers
Initial Elevation
Elevation Change Final Elevation
hike
768
1
-96
672
hike
2
82
20
hike
62
3
- 100
hike
354
4
129
hike
-20
-40
-60
5
Explain what each of the numbers-20, -40, and -60 tells you about
hike 5. What does it mean for the numbers to be negative in this
situation?

Answers

Answer:

Hike 1 : 768, -96, 672

Hike 2: -62, 82, 20

Hike 3: 62, -100, -38

Hike 4: 354, -225, 129

Hike 5: -20, -40, -60

The -20 is at what surface level Lin began Hike 5 at. From there, they continued to go in this situation lower by - 40, and arrive at the surface region of -60.

Negative numbers in the present circumstance mean under 0. (Underneath surface region)


1. Observa el siguiente conjunto de enteros (-1,0, 1)

A. ¿Cuál de las propiedades de los números reales son verdaderas
para el conjunto?

Answers

Answer:

no hablo espanol papas fritas papas fritas papas fritas papas fritas papas fritas papas fritas papas fritas papas fritas

Step-by-step explanation:

a college employs 15 stewards. what is the average monthly wage of the stewards if the college pays 226.20 naira in wages each months​

Answers

What are the options

Solve 7k ÷ 3 = 21.
The solution is k=?

Answers

Answer:

k=9

..............................

A rectangle has vertices at P (16,16), Q(16,-16), R(-16,-16) and S(-16,16). The origin is the center of dilation and the rule of a dilation is (x,y)→(1/4x, 1/4y) What is P' of the dilated image, PQ’R’S’?

Answers

Answer:

(4, 4)

Step-by-step explanation:

So you're trying to find what P' is, and P' would be the dilation of P. This means that you apply the rule (x, y) --> (1/4x, 1/4y) with the coordinate point (16, 16). This would be:

(16, 16) --> (1/4 * 16, 1/4 * 16) = (4, 4)

4x10^3 times what number is equal to 16x10^5

Answers

Answer:

4 × 10²

Step-by-step explanation:

16 x 10^5 ÷ 4 x 10³ = 4 × 10²

4 * 10² is the number when multiplied to 4 * 10³ gives 16 * 10⁵

What is division exponent theorem ?

To divide exponents (or powers) with the same base, subtract the exponents.

Division is the opposite of multiplication, so it makes sense that because you add exponents when multiplying numbers with the same base, you subtract the exponents when dividing numbers with the same base.

The given expression is

4 * 10³ multplies with   ____ =   16 * 10⁵

We have to solve this ,

Let the number be x

4 * 10³ multplies with   __x__ =   16 * 10⁵

x = (16 * 10⁵ )/(4 * 10³)

x= ( 4²  * 10⁵ )/(4 * 10³)

Therefore the numerator and denominator has the same base so

[tex]\rm 4^{2-1} \times 10^{5-3}\\\\\\4^{1} \times 10^{2}\\\\\\4\times 10^{2}[/tex]is the number that when multiplied to   4 * 10³  gives  16 * 10⁵

To know more about Exponent Theorem

https://brainly.com/question/6532227

#SPJ2

Trapezoid ABCD has an area of 525 cm squared. If height AB = 21 cm and BC = 37 cm, what is the measure of AD?​

Answers

Answer:

AD = 13

Step-by-step explanation:

Area of trapezoid ABCD

[tex] = \frac{1}{2} (AB + AD) \times AB \\ \\ 525= \frac{1}{2} (37+ AD) \times21\\ \\ 525 \times 2= (37+ AD) \times21 \\ \\ 1050 = 21 \times 37 + 21AD \\ \\ 1050 = 777+ 21AD \\ \\ 21AD = 1050 - 777 \\ \\ 21AD = 273 \\ \\ AD = \frac{273}{21} \\ \\ AD = 13[/tex]

please help me on this question. I forgot how to do it​

Answers

Answer:

141

Step-by-step explanation:

Area of triangle = 24

Area of Trapezoid= 117

117+24

141

The Centers for Disease Control reported the percentage of people 18 years of age and older who smoke (CDC website, December 14, 2014). Suppose that a study designed to collect new data on smokers and nonsmokers uses a preliminary estimate of the proportion who smoke of .30. a. How large a sample should be taken to estimate the proportion of smokers in the population with a margin of error of .02 (to the nearest whole number)

Answers

Answer:

A sample of 2017 people should be taken.

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of [tex]\pi[/tex], and a confidence level of [tex]1-\alpha[/tex], we have the following confidence interval of proportions.

[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

In which

z is the zscore that has a pvalue of [tex]1 - \frac{\alpha}{2}[/tex].

The margin of error is:

[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

Suppose a 95% confidence level:

So [tex]\alpha = 0.05[/tex], z is the value of Z that has a pvalue of [tex]1 - \frac{0.05}{2} = 0.975[/tex], so [tex]Z = 1.96[/tex].

Preliminary estimate of the proportion who smoke of .30.

This means that [tex]\pi = 0.3[/tex]

a. How large a sample should be taken to estimate the proportion of smokers in the population with a margin of error of .02 (to the nearest whole number)

This is n for which M = 0.02. So

[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

[tex]0.02 = 1.96\sqrt{\frac{0.3*0.7}{n}}[/tex]

[tex]0.02\sqrt{n} = 1.96\sqrt{0.3*0.7}[/tex]

[tex]\sqrt{n} = \frac{1.96\sqrt{0.3*0.7}}{0.02}[/tex]

[tex](\sqrt{n})^2 = (\frac{1.96\sqrt{0.3*0.7}}{0.02})^2[/tex]

[tex]n = 2016.84[/tex]

To the nearest whole number, 2017.

A sample of 2017 people should be taken.

The following figure is made of a square and a rectangle.
4 cm
4 cm
7
10 cm
What is the perimeter of the figure?
cm

Answers

the answer is your mom . i took the test last week

5th grade math. Correct answer will be marked brainliest

Answers

Answer:

3,5

Step-by-step explanation:

Answer it. -10 x -2 =

Answers

The answer to -10 x -2 is 20

Answer: 20

Step-by-step explanation: it is 20 because 2 negative numbers multiplied by each other will always be positive

Please answer I’ll give Brainly

Answers

Answer:

62.5%

Step-by-step explanation:

There are a total of 8 people on the data plot.

5 of them got 15 questions or more correct, meaning 5/8 people got 15 or more questions correct.

5/8 = 5 ÷ 8

5 ÷ 8 = 0.625

0.625 = 62.5%

Kai can wrap 42 gifts in 3 hours. Answer the following questions, assuming that Kai can continue wrapping gifts at that same rate. How many gifts can Kai wrap in 24 hours? _______________ How many hours would it take him to wrap 126 gifts? _______________ How many gifts does Kai wrap per hour? _______________

Answers

Answer:

1. 336

2. 9

3. 14

Step-by-step explanation:

He wraps 42 gifts/3hours

24 hours is 8 "3 hours"

42 hours per 3 gifts * 8 "3 hours" = 336 gifts

126 gifts is 3 "42 gifts"

3 hours per 42 gifts * 3 "42 gifts" = 9 hours

He wraps 42 gifts/3hours

divide these values by 3 and you get  14 gifts/one hour

14 gifts every one hour

question is above in the picture​

Answers

Answer:

Known

Step-by-step explanation:

I hope this helps :)

Answer:

Known. The other answers are absurd.

Step-by-step explanation:

In geometry, often times you must have at least one angle to problem solve and find the rest. So having a known angle to build off of is important. Vertical Angles and Supplementary Angles are examples of things that require a known angle to find the rest. Why?

Say you only know one angle and the other is congruent to that angle, but across from it...Due to the theory of vertical angles, you now know the other side has to be the same/congruent. For supplementary angles, say you're dealing with a shape like the one I've attached. Once you have a or b, you can determine c. You have to know at least one of those angles to determine it's other unknown angles.

Will give brainlest, find the area

Answers

The answer would be 42

Select the correct answer. What is the fractional form of 0.02 ? A. 2/99 B. 1/11 C. 2/100 D. 1/12

Answers

Answer:

C) 2/100

Step-by-step explanation:

0.02 = 2/100

Answer:

It Is C

Step-by-step explanation:

Select all the expressions that equal 4-12.

Answers

Where is the options?

Select ALL the correct answers.

A pitcher for a professional baseball team allows runs in the first nine games he starts this season. Let A be the set of the number of

runs allowed by the pitcher in his first nine starts.

A = {1, 4, 2, 2, 3, 1, 1, 2, 1}

In the tenth game he starts, he allows 9 runs. Let B represent the set of the number of runs allowed in all ten games he has started.

Select the true statements.

The median of Bis 1 run more than the median of A.

The interquartile range of B is greater than the interquartile range of A.

The interquartile range of A is 1 less than the interquartile range of B.

The median of A is the same as the median of B.

Including the runs allowed in the tenth game does not cause the spread of the data to

change

Answers

Answer:

The median of A is the same as the median of B.

The interquartile range of B is greater than the interquartile range of A.

Step-by-step explanation:

Given that:

A = number of runs allowed in first 9 games

A = {1, 4, 2, 2, 3, 1, 1, 2, 1}

Rearranging A : 1, 1, 1, 1, 2, 2, 2, 3, 4

Median A = 1/2(n + 1) th term

Median A = 1/2(10) = 5th term = 2

Q1 of A = 1/4(10) = 2.5th term = (1 + 1)/ 2 = 1

Q3 of A = 3/4(10) = 7.5th term = (2+3)/2 = 2.5

Interquartile range = Q3 - Q1 = 2.5 - 1 = 1.5

Number of runs allowed in 10th game = 9

B = {1, 4, 2, 2, 3, 1, 1, 2, 1, 9}

Rearranging B = 1, 1, 1, 1, 2, 2, 2, 3, 4, 9

Median A = 1/2(n + 1) th term

Median A = 1/2(11) = 5.5th term = (2+2)/2 = 2

Q1 of A = 1/4(11) = 2.75th tetm = (1 + 1)/ 2 = 1

Q3 of A = 3/4(11) = 8.25th term = (3+4)/2 = 3.5

Interquartile range = Q3 - Q1 = 3.5 - 1 = 2.5

Median A = 2 ; median B = 2

IQR B = 2.5 ; IQR A = 1.5 ; IQR B > IQR A

??????????????????????

Answers

Answer:

A = 254.34

Step-by-step explanation:

Area of a circle formula:

A = πr²

r = d/2 = 9

A = 3.14(9²)

A = 3.14(81)

A = 254.34

Answer:

254.34

Step-by-step explanation:

Good luck!

What is the area of a rectangle with a length of 7 feet and a width of 3 ¾ feet?

Answers

26.25 (7x3.75=26.25)

Answer:

105/4 ft^2

Step-by-step explanation:

Multiply length and width: 7*15/4 = 105/4 ft^2

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