The tax rate used to calculate a person's payable tax in South Africa is not a fixed rate, but rather a combination of different rates that apply to different income brackets
As of the 2021/2022 tax year, the tax rates for individuals in South Africa are as follows:
For taxable income up to R216,200: 18% of taxable income
For taxable income between R216,201 and R337,800: R38,916 plus 26% of taxable income above R216,200
For taxable income between R337,801 and R467,500: R70,532 plus 31% of taxable income above R337,800
For taxable income between R467,501 and R613,600: R110,739 plus 36% of taxable income above R467,500
For taxable income between R613,601 and R782,200: R163,335 plus 39% of taxable income above R613,600
For taxable income above R782,200: R229,089 plus 41% of taxable income above R782,200
Based on the above tax rates, if a person's annual taxable income is R450,090, their payable tax would be calculated as follows:
18% of the first R216,200 = R38,916
26% of the amount above R216,200 up to R337,800 = R26,890
31% of the amount above R337,800 up to R450,090 = R34,754
Total payable tax = R38,916 + R26,890 + R34,754 = R100,560
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f of x is equals to 3 - 2 x and g of x is equals to X Minus x square + 1 where x is an element of I have set of numbers find the inverse of G and the value for X for which f of G is equals to g of f
According to the given information, the value(s) of x for which[tex]$f(G(x)) = g(f(x))$[/tex] is x = 1 or x = -2/3.
What is the slope?The slope of a line is a measure of its steepness. Mathematically, the slope is calculated as "rise over run" (change in y divided by change in x).
According to the given information:[tex]To find the inverse of $G(x)$:Replace $G(x)$ with $y$: $y = x - x^2 + 1$Solve for $x$: $x^2 - x + (1 - y) = 0$Apply the quadratic formula: $x = \frac{1 \pm \sqrt{1 - 4(1)(1-y)}}{2} = \frac{1 \pm \sqrt{-3 + 4y}}{2}$The inverse of $G(x)$ is therefore: $G^{-1}(x) = \frac{1 \pm \sqrt{-3 + 4x}}{2}$To find the value of $x$ for which $f(G(x)) = g(f(x))$:Start with $f(G(x))$: $f(G(x)) = f(x^2 - x + 2)$[/tex]
[tex]Replace $f(x)$ with $3 - 2x$: $f(G(x)) = 3 - 2(x^2 - x + 2) = -2x^2 + 2x - 3$Replace $G(x)$ with $y$: $y = x^2 - x + 2$Replace $g(y)$ with $y - x^2 + 1$: $g(y) = y - x^2 + 1$Set $f(G(x))$ equal to $g(f(x))$ and solve for $x$:$-2x^2 + 2x - 3 = (3 - 2x) - x^2 + 1$Simplify and solve for $x$: $x = 1$ or $x = -\frac{2}{3}$[/tex]
Therefore, according to the given information, the value(s) of x for which [tex]$f(G(x)) = g(f(x))$[/tex]is x = 1 or x = -2/3.
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A small company has five employees. Let X denote the number of employees absent during a
given week. Suppose the pmf of X is as follows:
X 0 1 2 3 4 5
___________________________________________________
P(x) 0.12 0.15 0.20 0.25 0.19 0.09
Find the probability of the following events.
a) Exactly 3 employees are absent during a given week.
b) At least 3 employees are absent during a given week.
c) At most 3 employees are absent during a given week.
d) At most 2 employees are absent during a given week.
e) Between 2 and 4 employees inclusive are absent during a given week.
f) Strictly between 2 and 4 employees are absent during a given week.
g) More than 3 employees are not absent during a given week.
The probability that exactly 3 employees are absent during a given week is 0.25.
The probability that at least 3 employees are absent during a given week is 0.19 + 0.09 + 0.25 = 0.53.
The probability that at most 3 employees are absent during a given week is P(X ≤ 3) = 0.12 + 0.15 + 0.20 + 0.25 = 0.72.
The probability that at most 2 employees are absent during a given week is P(X ≤ 2) = 0.12 + 0.15 + 0.20 = 0.47.
The probability that between 2 and 4 employees inclusive are absent during a given week is P(2 ≤ X ≤ 4) = 0.20 + 0.25 + 0.19 = 0.64.
The probability that strictly between 2 and 4 employees are absent during a given week is P(2 < X < 4) = 0.25 + 0.19 = 0.44.
The probability that more than 3 employees are not absent during a given week is P(X ≤ 3) = 0.12 + 0.15 + 0.20 = 0.47, and the probability that more than 3 employees are absent during a given week is P(X > 3) = 0.19 + 0.09 = 0.28. The probability that more than 3 employees are not absent is the complement of the probability that more than 3 employees are absent. Therefore, the probability that more than 3 employees are not absent during a given week is 1 - 0.28 = 0.72.
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Write your answer using decimals.Use 3.14 for pi.
The area of the composite figure is the sum of the whole area of each shape. Therefore, the area of the figure is 151.585 ft².
How to find the area of a composite figure?The figure above is a composite figure. A composite figure is a shape that has two or more shapes in it.
Therefore, the composite figure can be divided into two rectangles and a quarter circle.
Hence, the area of the composite figure is the sum of the whole individuals area of the shapes.
Hence, the area of the composite figure is the sum of the area of the two rectangle and area of the quarter circle.
area of the composite figure = area of rectangle + area of rectangle + area of quarter circle
area of the composite figure = 5 × 8 + 8 × 6 + 1 / 4 × π × 9²
area of the composite figure = 40 + 48 + 81π / 4
area of the composite figure = 88 + 254.34 / 4
area of the composite figure = 88 + 63.585
area of the composite figure = 151.585 ft²
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Question 10
Which equation represents the line parallel to the line whose equation is 4x+2) = 14 and
passing through the point (2, 2)?
03²=-2x+6
0y=-2x
Oy-x+1
2 pts
Oy-x
Answer:
First choice, y = -2x+6
Step-by-step explanation:
Convert the original equation to slope-intercept form, where y = mx + b.
We are looking for a parallel line so keep x, y, and the slope. turn the 7 into an intercept variable. Plug in (2,2) for (x,y). Solve for b. b = 6. Rewrite the equation with the same slope and the new y-intercept.
y = -2x + 6
the graph shows that you are traveling at a constant rate three of the statements are true, which is not
Step-by-step explanation:
Find unit rate :
90 miles in 1.5 hrs
90 /1.5 = 60 miles/hr
that is one mile per minute 20 miles takes 20 minutes
120 miles takes 120 minutes = 2 hours
Giving Brainliest!!!
Answer:
216 cubic cm
Step-by-step explanation:
Answer:
3174.538707cm³
Step-by-step explanation:
SurfaceArea of Cube=S²
volume of cube=S³
SA=216cm²
S=
[tex] \sqrt{216} [/tex]
S=
[tex]6 \sqrt{6} [/tex]
Volume of cube =S³
V=
[tex](6 \sqrt{6} )^{3} [/tex]
: . V= 3174.538707cm³
simplify: -√72
5-6√/2
0 -36√/2
6√√/2
06√/12
Answer: 6√√/2
Step-by-step explanation: just did it
Answer:
Step-by-step explanation:
[tex]-\sqrt{72}=-\sqrt{2*6*6}=-6\sqrt{2}[/tex]
Consider the random variable X such that X ∼ B(7, p), p < 0. 5, and P(X = 4) = 0. 9724. Find P(X = 2)
The probability of X = 2 can be found using the binomial probability formula, with p ≈ 0.119 obtained by solving for p using the equation P(X = 4) = 0.9724. The resulting probability is approximately 0.193.
We can use the binomial probability formula to find P(X = 2):
P(X = 2) = (7 choose 2) * p² * (1-p)⁽⁷⁻²⁾
We know that P(X = 4) = (7 choose 4) * p⁴ * (1-p)⁽⁷⁻⁴⁾ = 0.9724
Solving for p in this equation, we get p ≈ 0.119
Substituting this value of p in the formula for P(X = 2), we get:
P(X = 2) = (7 choose 2) * 0.119² * 0.881⁽⁷⁻²⁾ ≈ 0.193
Therefore, the probability that X = 2 is approximately 0.193.
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Select all the expressions that equal 6^{-10}6 −10.
a. 6^{-5} \times 6^{2}6 −5 ×6 2
b. (\frac{1}{6^{2}})^{5}( 6 21 ) 5
c. (6^{-5})^{2}(6 −5 )2
d. \frac{6^{-3}}{6^7}676−3
e. \frac{6^{5} \times 6^{-3}}{6^{-8}}6−865 ×6 −3
Any given expressions in the οptions that simplifies tο -9.9999 are equal tο [tex]6^{-10}\times6 -10[/tex] ( since the expressiοns in the οptiοns are nοt clear, mentiοning the value)
What is Expressiοn?An expressiοn in math is a sentence with a minimum οf twο numbers/variables and at least οne math οperatiοn in it.
An expressiοn that includes variables, cοnstants, and algebraic οperatiοns is knοwn as an algebraic expressiοn in mathematics (additiοn, subtractiοn, etc.). Terms cοmbine tο fοrm expressiοns.
Given expressiοn :
[tex]6^{-10}\times6 -10[/tex]
This simplifies tο -9.9999
Any given expressiοns in the options that simplifies to -9.9999 are equal to [tex]6^{-10}\times6 -10[/tex] ( since the expressions in the οptions are not clear, mentiοning the value)
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Alexis is on her senior soccoer team. She makes 73% of her foul shots, leading her team to 15 wins in 17 games for the reason. If Alexis took 86 foul shots during the season, how many shots did she make
Alexis made 63 foul shots during the season.
If Alexis made 73% of her foul shots, then she made 0.73 * 86 = 62.78 foul shots during the season.
However, since foul shots must be whole numbers, Alexis would have made either 62 or 63 shots.
We know that Alexis and her team won 15 out of 17 games during the season. This means that Alexis made foul shots in each of these 15 games, for a total of 15 * 2 = 30 foul shots.
If Alexis made a total of 62 foul shots during the season, she would have had to make an additional 32 foul shots in the two games they lost (17 games - 15 games they won = 2 games they lost). That would mean she made 16 foul shots in each of the two games they lost, which is unlikely.
Therefore, Alexis must have made 63 foul shots during the season, leaving only 23 foul shots missed (86 total foul shots - 63 made foul shots).
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An investor has an account with stock from two different companies. Last year, his stock in Company A was worth $2000 and his stock in Company B was worth $4240. The stock in Company A has increased 1% since last year and the stock in Company B has increased 5%. What was the total percentage increase in the investor's stock account? Round your answer to the nearest tenth (if necessary).
The total percentage increase in the investor's stock account is 3.7%.
What is the percentage increase?
Percentage increase refers to the amount by which a value or quantity has grown or increased, expressed as a percentage of its original value. It is calculated by dividing the difference between the new value and the original value by the original value, and then multiplying by 100 to express the result as a percentage. The formula for calculating percentage increase is:
Percentage increase = [(New value - Original value) / Original value] x 100%
To find the total percentage increase in the investor's stock account, we need to first calculate the new value of each stock and then add them together.
For Company A:
The stock has increased by 1%, which means its new value is 1% higher than $2000.
The increase in value is 0.01 * $2000 = $20.
The new value of the stock in Company A is $2000 + $20 = $2020.
For Company B:
The stock has increased by 5%, which means its new value is 5% higher than $4240.
The increase in value is 0.05 * $4240 = $212.
The new value of the stock in Company B is $4240 + $212 = $4452.
Now, we can find the total value of the investor's stock account by adding the new values of both stocks:
$2020 + $4452 = $6472
To find the percentage increase, we need to compare the total new value to the original total value:
The original total value was $2000 + $4240 = $6240
The total percentage increase is [(New total value - Original total value) / Original total value] x 100%
Plugging in the numbers: [(6472 - 6240) / 6240] x 100% = 3.7%
Therefore, the total percentage increase in the investor's stock account is 3.7%.
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Determine whether given the coordinates of the vertices. Explain.
P(0,3), Q(0,-1), R(-2,-1), S(1,2), T(1,-2) U(-1,-2)
Question 10 options:
No; Two sides of triangle PQR and angle PQR are not the same measure as the corresponding sides and angle of triangle STU.
Yes; Each side of triangle PQR is the same length as the corresponding side of triangle STU.
Yes; Both triangles have an obtuse angle.
No; Each side of triangle PQR is not the same length as the corresponding side of triangle STU
The correct option is No; Two sides of triangle PQR and angle PQR are not the same measure as the corresponding sides and angle of triangle STU.
What is Side-Angle-Side (SAS) criterion?
The Side-Angle-Side (SAS) criterion is a rule used in geometry to determine whether two triangles are congruent, which means they have the same size and shape. The SAS criterion states that if two sides and the angle between them in one triangle are equal to two corresponding sides and the angle between them in another triangle, then the two triangles are congruent. This means that all corresponding angles and sides of the two triangles are equal in length and measure.
To determine whether the two triangles are congruent, we can use the side-angle-side (SAS) congruence criterion. We can see that triangle PQR has sides PQ, QR, and RP, and angle QPR, while triangle STU has sides ST, TU, and US, and angle TSU. We can compare the corresponding sides and angles:
PQ is of length 4, and ST is of length 4.
QR is of length 1, and TU is of length 4.
RP is of length 2, and US is of length 2.
Angle QPR is a right angle, while angle TSU is an acute angle.
Therefore, the two triangles do not have the same corresponding sides and angles, and we cannot conclude that they are congruent.
The correct option is:
No; Two sides of triangle PQR and angle PQR are not the same measure as the corresponding sides and angle of triangle STU.
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6 marks
2. As an engineer you inspect a 2, 500-foot sewer pipe and find that a 150-foot portion is
damaged. You get estimates for two different solutions. The first estimate is for
spot repair of the damaged portion at a cost of $375.00 per foot. The second estimate is
for relining the full length of the entire sewer pipe at a cost of $65.00 per foot. How much
could you save in immediate costs by choosing the lower estimate?
Answer:add pic
Step-by-step explanation:
A project has 4,416 apartments, each apartment has an average of 4 persons what is the total number of residents in the project
The total number of residents in the project is 17,664.
The total number of residents in the project can be calculated by using the following formula:
Number of residents = Number of apartments x Average number of persons per apartment
In this case, the calculation would be:
Number of residents = 4,416 x 4
Number of residents = 17,664
Therefore, the total number of residents in the project is 17,664.
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A theme park has a ride that is located in a sphere. The ride goes around the widest circle of the sphere which has a circumference of 508.68yd . What is the surface area of the sphere? Use 3.14 for .
The surface area οf the sphere is apprοximately 82,203.84 square yards.
Let's start by using the fοrmula fοr the circumference οf a circle C = 2πr
where C is the circumference, π is the cοnstant pi (which is apprοximately equal tο 3.14), and r is the radius οf the circle. We knοw that the circumference οf the widest circle οf the sphere is 508.68 yards, sο we can set up an equatiοn as fοllοws:
508.68 = 2πr
Sοlving fοr r, we get:
r = 508.68 / (2π)
r = 80.99 yards (rοunded tο twο decimal places)
Nοw that we knοw the radius οf the sphere, we can use the fοrmula fοr the surface area οf a sphere:
A = 4πr²
Plugging in the value οf r, we get:
A = 4π(80.99)²
An ≈ 82,203.84 square yards
Therefοre, the surface area οf the sphere is apprοximately 82,203.84 square yards.
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Type your answer in to the boxes. The three points marked on the graph are the vertices (corners) of a parallelogram Y 10 q 8 5 B 3 2 2 3 5 6 7 8 9 10 X What are the coordinates of the fourth vertex?
The cοοrdinates οf the fοurth vertex οf the parallelοgram are (19/2, 19.5).
What is cοοrdinate?A spherical οr elliptical cοοrdinate system knοwn as the geοgraphic cοοrdinate system is used tο measure and transmit pοsitiοns οn Earth as latitude and lοngitude.
First, we can find the distance between pοints Y and q, which will be the same as the distance between pοints 5 and B since they are οppοsite sides οf the parallelοgram:
Distance Yq = [tex]\sqrt{[(10-8)^2 + (5-10)^2] }[/tex]
Distance Yq = [tex]\sqrt{8 + 25 }[/tex]
Distance Yq =[tex]\sqrt{ 33}[/tex]
Distance 5B = [tex]\sqrt{[(3-2)^2 + (2-3)^2] }[/tex]
Distance 5B = [tex]\sqrt{2}[/tex]
Since οppοsite sides are cοngruent, √33 = √2x, where x is the length οf the missing side οf the parallelοgram. Sοlving fοr x, we get:
x = (33/2)
Next, we can find the slοpe οf the line passing thrοugh pοints Y and q,
Slοpe Yq = (10-5)/(8-10) = -5/2
Slοpe B-missing vertex = -5/2
write the equatiοn οf the line passing thrοugh B and the missing vertex:
y - 2 = (-5/2)(x - 3)
Simplifying, we get:
y = (-5/2)x + (19/2)
Therefοre, the cοοrdinates οf the missing vertex are (19/2, x), where x = 2 + (33/2) = 19.5.
Sο the cοοrdinates οf the fοurth vertex οf the parallelοgram are (19/2, 19.5).
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Show that ABCD is a parallelogram.
E
slope of AB-5-slope of BC-5---4
slope of CD-slope of AD-4---4
ABCD is a parallelogram because both pairs of opposite sides are parallel.
slope of BC-slope of AB----
slope of AD-slope of CD-
-
ABCD is a parallelogram because both pairs of opposite sides are parallel.
slope of AB-lope of BC
slope of CD-slope of AD----
ABCD is a parallelogram because both pairs of opposite sides are parallel.
slope of BC-slope of AB
slope of AD-slope of CD-
ABCD is a parallelogram because both pairs of opposite sides are parallel.
The evidence which supports the fact that the shape ABCD is a parallelogram is; ABCD is a parallelogram because both pairs of opposite sides are parallel.
Which piece of evidence implies ABCD is a parallelogram?From the features of parallelograms, it can be inferred that the opposite sides of a parallelogram are parallel.
Also, parallel lines are lines whose slopes are equal.
On this note;
slope of AB-2/5 slope of BC = -4
slope of CD-2/5 slope of AD = -4
Hence, it can be inferred that opposite sides AB and CD as well as BC and AD are parallel.
Ultimately, ABCD is a parallelogram because both pairs of opposite sides are parallel.
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the ricoffy tin container no dimensions that container is 2,5 times smaller then what it is in reality the actual weight of coffees 750g , measure the diameter of the diameter of the tin in mm and write down the real diameter in mm
The required diameter of the actual Ricoffy tin container is approximately 92 mm.
Explain about Container.By enclosing units in containers—that is, by circling, boxing, or otherwise enclosing units—container numbers indicate magnitude. The worth of each container's contents is multiplied by the number system's fundamental unit. Typically, the basis is either 2 or 10 (the decimal system) (the binary system).
According to question:Let the diameter of the actual Ricoffy tin container be d mm.
Since the volume of the tin container is proportional to the cube of its dimensions, and the tin container is 2.5 times smaller than its actual size, we have:
[tex]$(\frac{d}{2.5})^3 = \frac{1}{2.5} \times d^3 = \frac{3}{4} \times 750\text{ g} = 562.5\text{ g}$$[/tex]
where we have used the fact that the actual weight of the coffee is 750g.
Solving for d, we get:
[tex]$$d = \sqrt[3]{\frac{562.5\text{ g}}{\frac{1}{2.5}}} \approx 91.98\text{ mm}$$[/tex]
Therefore, the diameter of the actual Ricoffy tin container is approximately 92 mm.
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The average amount of time until a car accident on a particular 60 mile stretch of road is 60 minutes. Assume (unreasonably) that car accidents are independent, and that two accidents cannot occur at the same time.
(a) What is the probability of a car accident occurring in the two hours?
(b) What is the probability of a car accident occurring between 45 and 75 minutes?
(c) What is the variance of the time until a car accident occurs?
(d) If a car accident has not happened in 3 hours, what is the probability it will happen in the next two hours?
(a) The probability of a car accident occurring in the two hours is 0.3679.(b) The probability of a car accident occurring between 45 and 75 minutes is 0.3935 (c) The variance of the time until a car accident occurs is 0.0167 d) If a car accident has not happened in 3 hours, the probability it will happen in the next two hours is 0.7385
Since the average rate of car accidents is 1/60 accidents per minute, we can use the Poisson distribution to find the probability:
[tex]P(X = 1) = (e^(-120/60) * (120/60)^1) / 1! = 0.3679[/tex]
So the probability of a car accident occurring in the two hours is 0.3679.
Since the average rate of car accidents is 1/60 accidents per minute, we can use the Poisson distribution to find the probability:
[tex]P(X = 1) = (e^(-30/60) * (30/60)^1) / 1! = 0.3935[/tex], So the probability of a car accident occurring between 45 and 75 minutes is 0.3935.
The variance of a Poisson distribution is equal to the average rate, so the variance of the time until a car accident occurs is: [tex]Var(X) = 1/60 = 0.0167[/tex]Given that no car accident has occurred in the previous 180 minutes. We can use the conditional probability formula to find this probability:
[tex]P(X = 1 | X = 0) = P(X = 1 and X = 0) / P(X = 0) = (e^(-120/60) * (120/60)^1) / (e^(-180/60) * (180/60)^0) = 0.3679 / 0.0498 = 0.7385[/tex]
So the probability of a car accident occurring in the next two hours, given that no car accident has occurred in the previous 3 hours, is 0.7385.
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For the following Graph, select the answer for the
following questions.
What is the Domain?
What is the Range?
Is it a Function?
-6 -5 -4 -8 -2
O [-2,2]
O(-5,5)
O (-∞0,00)
O(-00, 4]
[-4,3)
No
[0,00)
Yes
20 40 D N +
5+
4+
3
+ N O 40 60
-2
-3
-4--
-5
-61
Domain: [-6,-2], Range: [-4,3) and Function: Yes, this graph can be expressed as a function as it passes the vertical line test.
What is Function?A function is a set of instructions used to perform a specific task. It is a fundamental building block of computer programming, and it is used to create programs that can perform specific tasks. A function is a named block of code that performs a specific task. It can take one or more arguments as input and return a value as output. Functions can be used to divide a large program into smaller, more manageable pieces. Functions are also useful for code reuse, since the same code can be used multiple times within a program. In addition, functions can help improve program efficiency since code does not need to be written multiple times.
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The domain of the original function is [-1, 0) and the range of the original function is [-3, ∞), the domain of the inverse function is [-3, ∞).
What is function?Function is an operation that takes one or more input values and produces one or more output values. It is a mathematical concept that is used in programming to create programs that can be used to solve problems. Functions can be used to organize code blocks into reusable pieces, making it easier to debug and maintain the code. A good example of a function is the mathematical function f(x) = x2, which takes an input value x and produces an output value of x2.
The domain of the inverse of a function is the range of the original function, and the range of the inverse is the domain of the original function. Therefore, since the domain of the original function is [-1, 0) and the range of the original function is [-3, ∞), the domain of the inverse function is [-3, ∞).
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Complete Question is attached below:
As of 2018 we have an excess of natural resources and are able to support a population of about 9 billion people. However, natural resources are being depleted at about 1% per year. When will we no longer have enough natural resources to support the growing population?
After 71 years we will no longer have enough natural resources to support the growing population.
What is a population?
The population of a given place is the total number of people who typically reside there as of January 1 of a given year.
Total population supported by resources = 9 billion = 9 x [tex]10^9[/tex]
Because resources are being depleted 1% per year = 90000000000 x 1%
= 9 x [tex]10^7[/tex]
Total world population = 6.4 x [tex]10^9[/tex]
Now, for to find time of resource depletion,
Resource problem = 6.4 x [tex]10^9[/tex] ÷ 9 x [tex]10^7[/tex]
On solving we get 71 years
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Write 2^15 ÷ 2^9 in the form 2^k where k is an integer to be found
Answer:
[tex]2^{6}[/tex]
Step-by-step explanation:
using the rule of exponents
[tex]a^{m}[/tex] ÷ [tex]a^{n}[/tex] = [tex]a^{(m-n)}[/tex]
then
[tex]2^{15}[/tex] ÷ [tex]2^{9}[/tex] = [tex]2^{(15-9)}[/tex] = [tex]2^{6}[/tex] ( with k = 6 )
If A = and B = , find BA
Find the area of the parallelogram.
The area for the parallelogram is equal to 255 square centimeters and the correct option is A = 255 cm²
Area of parallelogramIn calculating for the area of parallelogram, the base is multiplied by the height, as the same way for calculating the area of a rectangle.
we shall calculate for the height h using Pythagoras rule for the triangle as follows:
h² + 9² = 15²
h² + 81 = 225
h² = 225 - 81 {subtract 81 from both sides}
h² = 144
h = √144 {take square root of both sides}
h = 12
area of parallelogram = 21 cm × 12 cm
area of parallelogram = 254 cm²
Therefore, the area for the parallelogram is equal to 255 square centimetres.
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Consider a Newsvendor problem with a single product that sells at a price of p and costs $3 per item.
Assume that the store holds 5 products and that the demand is a Poison random variable with rate
10€-(P-3)
(a) (6 points) Compute the expected profit if the price if $4.
(b) (10 points) Find the price $p that maximizes the profit.
Type in the answers in the following way: a= ..., b=..; use 2 significant figures when plugging the answers. You can also answer "a=. or "b=..." and get partial grades if the answer is correct.
Based on the given scenario, the expected profit if the price is $4 is $11.91, while the price that maximizes the profit is $5.47.
What is the Newsvendor problem?
The Newsvendor problem is a problem in inventory theory that tries to answer the question of how much inventory should be ordered to maximize profit, given limited shelf space or warehouse space, uncertain product demand, and a fixed order quantity. This problem is often encountered in newspaper, magazine, and perishable food industries, and the answer lies in balancing the risk of stocking out (not having enough inventory to meet demand) with the cost of holding excess inventory.
Newsvendor problem with a single product that sells at a price of p and costs $3 per item. Assuming that the store holds 5 products and that the demand is a Poison random variable with rate 10€-(P-3), let’s answer the two questions.
a. Compute the expected profit if the price is $4.The expected profit (EP) is given by:
EP = Revenue - Cost =
EP = (p*min{Demand, Quantity}) - (3*Quantity)
For the given problem, Quantity is 5, and Demand is a Poison random variable with rate 10€-(P-3). Therefore:
EP(p) = (p*min{Demand, 5}) - (3*5)EP(p)
EP(p) = {p*(1 - exp[-10€-(p-3)] + (5*(1 - exp[-10€-(p-3)]))} - 15.
Using p = $4:
EP(4) = {(4*(1 - exp[-7])) + (5*(1 - exp[-7]))} - 15EP(4)
EP(4) = $11.91
Therefore, the expected profit is $11.91 when the price is $4.
b. Find the price $p that maximizes the profit.The profit function is given by:
P(p) = (p*(1 - exp[-10€-(p-3)] + (5*(1 - exp[-10€-(p-3)]))} - 15
To maximize the profit, we need to take the derivative of the profit function with respect to p, set it equal to zero, and solve for p:
P'(p) = {1 - exp[-10€-(p-3)]} + p*{10€-(p-3)}*exp[-10€-(p-3)] - 5*{10€-(p-3)}*exp[-10€-(p-3)] = 0
Rearranging and using numerical methods to solve for p, we find:
p = $5.47
Therefore, the price that maximizes the profit is $5.47.
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Points L, M, and N lie on the surface of a sphere with
its center at point O. Point T lies in the interior of the
sphere. Which segment represents a chord of the
sphere?
A: OT
B: LM
C: LT
D: ON
The chord of the sphere is represented by OT.
The geometrical equivalent of a two-dimensional circle in three dimensions is a sphere. The collection of points in three-dimensional space that are all located at the same r distance from one another is known as a sphere.
The line segment connecting any two locations on a circle's circumference is referred to as the chord of the sphere. It should be emphasized that the diameter is the circle's longest chord, which runs through its center.
So, if L, M, and N lie on the surface of a sphere with its center at point O. Point T lies in the interior of the sphere, then OT would connect two points on the circumference of the sphere.
Hence, the chord of the sphere is represented by OT.
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The relative frequency of ordering a hamburger is about .....%
The relative frequency of ordering a cheeseburger and onion rings compared to the total amount of orders for onion rings is about ....%.
A relative frequency is obtained with the division of the number of desired outcomes by the number of total outcomes.
For hamburguers, the outcomes are given as follows:
Desired: 58 people order hamburguer.Total: 300 people.Hence:
58/300 x 100% = 19.33%.
For cheeseburger and onion rings compared to the total amount of orders for onion rings, the outcomes are given as follows:
Desired: 74 cheeseburgers and onion rings.Total: 103 onion rings.Hence:
74/103 = 71.84%.
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6. Last month, Lucie had total expenditures of $900. The pie chart below breaks down these
expenditures by category. The category in which Lucie's expenditures were greatest is what
percent of her total expenditures, to the nearest 1%?
a. 24%
b. 28%
c. 32%
d. 34%
e. 39%
gas- $120
insurance- $182
clothes- $254
entertainment- $125
food- $219
Answer:
There is no pie chart to answer it
Step-by-step explanation:
−4 × 4 × 4 × 4×4 × 4 × 4 in exponential
Answer: -4 to the 7th power.
Step-by-step explanation:
Answer:
-45,000
Step-by-step explanation:
A restaurant customer left $1.05 as a tip. The tax was 8% and the tip was 15% of the cost including tax.
What was the total bill?
well, the total bill doesn't include the tip, so the total bill is the cost plus the tax.
so assuming the total bill means before tax, let's call it "x", now if we apply the tax to "x", hmmm how much is 8% of "x"?
[tex]\begin{array}{|c|ll} \cline{1-1} \textit{\textit{\LARGE a}\% of \textit{\LARGE b}}\\ \cline{1-1} \\ \left( \cfrac{\textit{\LARGE a}}{100} \right)\cdot \textit{\LARGE b} \\\\ \cline{1-1} \end{array}~\hspace{5em}\stackrel{\textit{8\% of x}}{\left( \cfrac{8}{100} \right)x}\implies 0.08x[/tex]
so "x" plus the tax will just be x + 0.08x = 1.08x.
The tip was 15% of that 1.08x, and we happen to know that was $1.05.
[tex]\begin{array}{ccll} Amount&\%\\ \cline{1-2} 1.08x & 100\\ 1.05& 15 \end{array} \implies \cfrac{1.08x}{1.05}~~=~~\cfrac{100}{15} \\\\\\ 16.2x=105\implies x=\cfrac{105}{16.2}\implies x\approx 6.48[/tex]