subject
Mathematics, 31.07.2019 03:30 conyers234

Afarmer has 90 lbs of apples and 110 lbs of potatoes for sale. the market price for apples (per pound) each day is a random variable with a mean of 0.4 dollars and a standard deviation of 0.3 dollars. similarly, for a pound of potatoes, the mean price is 0.3 dollars and the standard deviation is 0.1 dollars. it also costs him 4 dollars to bring all the apples and potatoes to the market. the market is busy with shoppers, so assume that he'll be able to sell all of each type of produce at that day's price. complete parts a) through d). make sure to consider all necessary assumptions before calculating. a) define your random variables, and use them to express the tarmer's net income o a.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:20
Four airplanes carrying a total of 400 passengersarrive at the detroit airport. the airplanes carry, respectively,50, 80, 110, and 160 passengers.a) one of the 400 passengers is selected uniformly at random.let x denote the number of passengers that were on theairplane carrying the randomly selected passenger. find var(x)for x as given in the problemb) one of the 4 airplane drivers is also selected uniformly atrandom. let y denote the number of passengers on the chosen driver’s airplane. find var(y) for y as given in the problem
Answers: 3
question
Mathematics, 21.06.2019 21:40
What is the value of x in the equation 1.5x+4-3=4.5(x-2)?
Answers: 2
question
Mathematics, 22.06.2019 01:20
Anita has a success rate of 80% on free throws in basketball. she wants to know the estimated probability that she can make exactly four of five free throws in her next game. how can she simulate this scenario? categorize each simulation of this scenario as correct or incorrect.
Answers: 2
question
Mathematics, 22.06.2019 01:30
The water aquarium shark tank is always greater than 25 feet of the water level decreased by 6 feet during cleaning what was the water level before the cleaners took out any water
Answers: 1
You know the right answer?
Afarmer has 90 lbs of apples and 110 lbs of potatoes for sale. the market price for apples (per poun...
Questions
question
Mathematics, 07.03.2020 03:34
Questions on the website: 13722363