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After an aggressive marketing campaign in the local community, Poe's TV Sales & Repair Co. discovered that their cost can now be modeled by the equation:
C(n) = 25n + 150n + 21500, 2
where n represents the number of small screen televisions produced in a particular month.
1. How many small screen televisions must be produced in a month in order to minimize the company's average cost? Show all steps and justify your answer.
2. What is that minimum average cost?
When she is 30, Sue starts making annual deposits of $2,000 into a bondfund that pays 8% annual interest compounded continuously. Assuming that her deposits are made as a contiuous income flow, how much money will be in her account if she retires ..
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In one room of the science fair were six projects, and each project was entered by a pair of students. During the fair, some of the students visited other projects in the room and shook hands with some of the other project entrants.
Find the estimated regression equation
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