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The weekly dollar demand and supply functions for tents, t, are given by the following respective formulas:
D(t) = -0.1t^2 + t + 40;
S(t) = 0.1^2 + 2t + 20
a) We wish to graph D(t) and S(t) .
Answer the questions below.
b) At that price there will be demand for tents?
c) At that price there will be no supply of tents?
d) What is the breakeven point in terms of the number of tents?
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Approximately 14 percent of the population of Arizona is 65 years or older. A random sample of five persons from this population is taken. The probability that less than 2 of the 5 are 65 years or older is:
Please use a combination of content and supportive examples.
Based on anthropological reports in which the status of women is scored on a 10-point scale, the mean and standard deviation across many cultures are known. A new culture is found in which there is an unusual family arrangement.
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The results of a recent poll on the preference of shoppers regarding two products are shown below.
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