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Question: A production run of toothpaste requires a fixed cost of $100,000. The variable cost per unit is $3.00. If 50,000 units of toothpaste will be sold during the next month, what sale price must be chosen in order to break even at the end of the month? Note: please report the result as a whole number, rounding if necessary and omitting the decimal point.
During the last week of the semester , students at a certain college spends on the average 4.2 hours using the school's computer terminals with a standard deviation of 1.8 hours .for a random sampling of 36 students at that collage.
Find out a 95 percent confidence interval for population mean.
A motor transport company has 50 similar buses. The management suspects that its control of these vehicles is inadequate. What suggestions could you make for investigating vehicle use, and tightening managerial control over the company?
what is the probability that an organization selected at random will have at least one of the three types of benefits?
Suppose that the number of cars, X, that pass through a car wash between 4:00pm and 5:00pm on any sunny Friday has the following probability distribution:
If you draw two balls without replacing the first one, what is the possibility that one ball is red and the other is white.
The lives of many people are affected by a fear that prevents them from flying. An institute for public opinion conducted a poll of 1014 adults, 48%of whom were men.
Suppose that, for our sample, the mean weight is 11 pounds. How con?dent can we be that the population mean is between 10 and 12 pounds?
Construct a 89% confidence interval estimate of the overall percentage of the B.C. population in favour of such a casino and what size of sample would be required to do this
What is the probability that the cereal would be high calorie? In other words, what is P (high calorie)?
A CBS News/New York Times poll found that 329 out of 763 adults said they would travel to outer space in their lifetime, given the chance. Estimate the true proportion of adults who would like to travel to outer space with 92% confidence.
In a simple random sample of 1000 households, 150 households happen to own a barbecue grill. Based on the characteristics of the population, the expected number of grill owners in the sample was 180.
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