Answer:
x=-5
Step-by-step explanation:
24x+48=168
24x-120
x=5
8(15+6)=168
120+48=168
168=168
Answer: 5
Step-by-step explanation: 8 (3x+6)= 168/ 8 (3 x5+6)= 168; so 8(3x5+6)=168
Students in a statistics class took their second test. The following are the scores they earned. Create a frequency distribution and histogram for the data using a lower class limit of 49.5 and a class width of 10. Describe the shape of the distribution.b) For this one the class width is given to be the following: class width =c.)Complete the frequency/relative frequency table using the given class width. Round relative frequencies to 3 decimal places.I've screen shot the problem.
Part b
From the given information, we can to note that the class width is 10. The class width refers to the difference the upper and lower boundaries of any class. Therefore, the answer fo part b is. Class widh = 10
Part c
Now, lets complete the relative frequency table.
The classes are given by:
For the first class (49.5, 59.5), there are 10 numbers.
For the second class (59.5,69.5), there are 8 numbers.
For the third class (69.5,79.5), there are 4 numbers
For the fourth class (79.5,89.5) there are 2 numbers
For the fifth class (89.5,99.5) there is 1 number.
Then, the frequency column is given by:
On the other hand, the relative frequency is defined as the frequency divided by the total number of events ocurring. In our case, the total number is 10+8+4+2+1= 25. Then, the relative frequency for the first row is:
\(\frac{10}{25}=0.4\)For the second row
\(\frac{8}{25}=0.32\)3rd row:
\(\frac{4}{25}=0.16\)4th row:
\(\frac{2}{25}=0.08\)and 5th row:
\(\frac{1}{25}=0.04\)Then, the complete table is:
Therefore, the histrogram representing this table is:
corresponding to the third option from top to bottom.
As we can note from the histogram, its shape is right skewed because has a long right tail. So, the answer for part d is: Right skewed
if every individual in the population has an equal chance of being selected for a sample, the sample is said to be a/an _____________ sample.
If every individual in a population has an equal chance of being selected for a sample, the sample is said to be a "random sample" or a "simple random sample."
A random sample is a sampling technique used in statistics to gather data from a population. It is considered one of the most unbiased and reliable methods for selecting a sample. In a random sample, each individual in the population has an equal probability of being selected, regardless of their characteristics or attributes.
This equal chance of selection eliminates any systematic bias and ensures that the sample is representative of the population.
The process of obtaining a random sample involves assigning a unique identifier to each individual in the population and using a randomization method to select the desired number of individuals.
Random sampling can be conducted through various techniques, such as simple random sampling, where individuals are selected directly from the population using a random number generator or a randomization table.
The goal of a random sample is to reduce the potential for selection bias and increase the generalizability of the findings to the larger population. By giving every individual an equal opportunity to be included in the sample, researchers can make more accurate inferences and draw conclusions about the population as a whole.
This type of sampling method ensures that each member of the population has an equal opportunity to be included in the sample, making it a representative subset of the population.
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For every 7 push-ups Dulce can do, Sara can do 6. If Ducle did 28 push-ups during gym class, how many push-ups did sara do?
The number of push-ups did sara did during gym class if for every 7 push-ups Dulce can do, Sara can do 6 is 24 push ups.
How to solve ratio?Number of push ups Dulce can do : number of push ups Sara can do
Let
number of push ups Sara does = x
7 : 6 = 28 : x
7/6 = 28/x
cross product
7 × x = 28 × 6
7x = 168
divide both sides by 7
x = 168/7
x = 24
Therefore, Sara does 24 push ups during the gym class.
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Which rigid motion is shown below?*
F
חד
O Reflection
O
Rotation
What is the average rate of change for this quadratic function for the interval from x = 0 to x = 2?
Answer:
8
Step-by-step explanation:
The average rate of change for this quadratic function for the interval from x = 0 to x = 2 is -2
What is a function?A relation is a function if it has only One y-value for each x-value.
The average rate of a function f(x) from x=a to x=b is given as:
= f(b)-f(a)/b-a
Clearly we are asked to find the average rate of change from x=0 to x=2.
i.e. a=0 and b=2
Also, from the graph it could be observed that:
f(0)=1
and f(2)=-3
=f(2)-f(0)/2-0
=-3-1/2
=-4/2
=-2
Hence, the average rate of change for this quadratic function for the interval from x = 0 to x = 2 is -2
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A new team member expect to be able to score 15 points. The teams are starting how including the score what effective teams. Choose all correct statements about how are adding a score 15 would affect the mean and median scores
Adding a score of 15 to the team would have the following effects on the mean and median scores:
The mean score would increase:
When a score of 15 is added to the existing scores, the sum of all scores would increase.Consequently, the mean score, which is calculated by dividing the sum of scores by the number of team members, would increase as well.The median score may or may not change:
The median score represents the middle value when the scores are arranged in ascending or descending order. If the team initially had an odd number of members, the median score would remain unchanged because adding 15 does not alter the middle value. However, if the team initially had an even number of members and the median score was one of the middle values, adding 15 could potentially change the median score. This would depend on whether the new score of 15 falls within the range of the previous middle values or exceeds them.For such more questions on score
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.A 15 m ladder rests against a wall at an angle of 60° with the ground. How far is the
foot of the ladde from the wall?
9514 1404 393
Answer:
7.5 m
Step-by-step explanation:
The cosine relation applies.
Cos = Adjacent/Hypotenuse
cos(60°) = (distance to wall)/(15 m)
distance to wall = (15 m)cos(60°) = (15 m)(1/2) = 7.5 m
The foot of the ladder is 7.5 m from the wall.
g determine the equation of the elastic curve for the beam using method of double integration. determine the maximum delfection a is fixed
The equation of the elastic curve for the beam using method of double integration is EI.y′′=M .
Because we can obtain the equation of the elastic curve using the double integration method, it is an effective method for determining the deflection and slope of a beam at any point.
The formula for a calculus curve's radius of curvature, y = f(x), is
\(P=\frac{[1+(\frac{dy}{dx}) ^{2} ]^{\frac{3}{2} } }{|\frac{d^{2}y }{d^{2}x } |}\)
The radius of curvature of a beam is given as in the derivation of the flexure formula.
\(P=\frac{El}{M}\)
Because the slope of the elastic curve dy/dx is so minimal due to the tiny amount of beam deflection, squaring this calculation reduces the value to practically nothing.
\(P=\frac{1}{\frac{d^{2}y }{d^{2}x }}\)
\(=\frac{1}{y"}\)
Thus, EI / M = 1 / y''
y" = M/El
= (1/El)*M
If EI is constant, the equation may be written as:
EI.y′′=M
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Can someone pleaseeee help and if you’re correct i’ll give brainlist
What is positive 37 and negative 9 equals
Answer:
28
Step-by-step explanation:
Answer:
28
Step-by-step explanation:
Last month, ed spent $50 in all. He spent 40% of the money at the movies. How much money did ed spend at the movies?.
Last month, ed spent $50 in all. He spent 40% of the money at the movies. So $20 Ed spend at the movies.
In the given question we have to find how much money ed spend at the movie.
Last month Ed spend total $50.
He spent 40% of the money at the movie.
Total money spent by Ed last month = $ 50.
Percentage of the money spent at the movies = 40%
Money spend by Ed at the movies=Percentage of the money spent at the movies * Total money spent by Ed last month
Money spend by Ed at the movies= 40% * $50
Money spend by Ed at the movies= 40/100 * $50
Money spend by Ed at the movies= 0.4* $50
Money spend by Ed at the movies= $20
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In Germany, VAT is at 19%. Jeremy buys a calculator in Germany for €58.31. This price includes VAT. Find the amount of VAT paid by Jeremy
Answer: €11.08
Step-by-step explanation:
The amount of VAT paid by Jeremy will be calculated by finding 19% of the cost price of the calculator. This will be:
= 19% × €58.31
= 19/100 × €58.31
= 0.19 × €58.31
= €11.08
Answer:
£9.31
Step-by-step explanation:
it doesn't require one for the question
Seattle’s factory is the company’s newest. It was constructed with sustainable building techniques and materials, so its cost structure has been affected in several ways. The Seattle plant uses a mix of solar power (not very reliable with so many clouds), thermal power, and wind. It has an array of batteries, so at the beginning of each production day, there is “free” stored energy that can produce up to 8,000 units. Of course, energy is just one factor of the cost of production, but it is significant.
The cost function for the Seattle factory is given by the following piecewise function. That is, C(x)is the cost function, where x is the number of units produced. The plant’s maximum capacity is 42,000 units per day.
\(C(x)=\left \{ {{0.35 if x \leq 8,000} \atop {0.75 if 8,000\ \textless \ x\leq 20,000}} \right \atop0.83-(\frac{x}{200,000} ) if 20,000\ \textless \ x\leq 42,000\)
A) Sketch a graph to model Seattle’s cost structure over the domain [0, 42000]. Be sure to label the axes and any endpoints where the graph breaks.
B) Describe the function over each part of its domain. State whether it is constant, increasing, or decreasing, and state the slope over each part.
Answer:
Natural Capitalism as an idea and thesis for a book emerged in 1994, the year after the
publication of The Ecology of Commerce. After meeting with and speaking to different
business, government, and academic institutions in the aftermath of the book's
publication, it became clear to Hawken that industry and government needed an overall
biological and social framework within which the transformation of commerce could be
accomplished and practiced. To that end, articles and papers were written that became the
basis of a book about natural capitalism. A key element of this theory was the idea that
the economy was shifting from an emphasis on human productivity to a radical increase
in resource productivity. This shift would provide more meaningful family-wage jobs, a
better worldwide standard of living to those in need, and a dramatic reduction of
humankind's impact upon the environment. So while the context for Natural Capitalism
existed in a theoretical framework, the exposition did not.
Contemporaneously, Amory and Hunter Lovins were coming to the same conclusion: that
a shared framework was needed that could harness the talent of business to solve the
world's deepest environmental and social problems. Both were writing Factor Four:
Doubling Wealth, Halving Resource Use for publication in Germany in 1995. The senior
author of Factor Four, Ernst von Weizsäcker, among Europe's top innovators in
environmental policy, had teamed up with the Lovinses to pool the experience of their
respective nonprofit research centers—Wuppertal Institute in Germany and Rocky
Mountain Institute (RMI) in Colorado. The three authors had assembled fifty case studies
of at least quadrupled resource productivity to detail how, across whole economies,
people could live twice as well but use half as much material and energy. Factor Four
showed that such striking gains in resource efficiency could be profitable, and that
obstacles to their implementation could be hurdled by combining innovations in business
practice and in public policy.
Both Factor Four and The Ecology of Commerce urged the private sector to move to the
vanguard of environmental solutions. Factor Four described a creative policy framework
that could foster fair and open competition in achieving that success. The Ecology of
Commerce suggested techniques that when combined with business's unique strengths
could enable it to meet this challenge successfully.
Hunter Lovins sent a draft of Factor Four to Paul Hawken in early 1995. He saw that it
was the exposition that natural capitalism needed if it were to make its theoretical claims
credible and demonstrable. The ideas not only meshed, they were absolutely
complementary. We agreed to work together toward one book, under the title of Natural
Capitalism, that would contain both theory and practice. After the work began, we
discovered it wasn't that simple. Factor Four was anecdotal, Europe-oriented (by 1997 it
had also been published in England after being a German bestseller for nearly two years),
and written more for policy and environmental activists than for business practitioners. It
needed not adaptation but complete rewriting. Further, the examples offered concentrated
mainly on efficiency and did not take fully into account the need for the restoration of
natural capital nor for several other important elements of natural capitalism that go far
Ms. Monkey,theart teacher at Giveny school, has 3quarts of liquid glue and24 empty glue bottles that each hold1 cup.Does she have enough glue to fill all of the bottles? Explain
Since 1 quart is equal to 4 cups, then the total amount of liquid glue, in cups, is:
\(3\text{quarts}\times\frac{4\text{ cups}}{1\text{ quart}}=12\text{ cups}\)There are 24 empty glue bottles but only 12 cups of glue. Since each bottle can hold one cup, then 24 cups of glue would be needed to fill all the bottles.
Since 12 is less than 24, then, there is not enough glue to fill all the bottles.
Company A charges a $125 annual fee plus $7 per hour car share fee. Company B charges $110 plus $10 per hour. What is the minimum number of hours that a car share needs to be used per year to make company A a better deal?
A. 5
B. 11
C. 6
D. 9
Answer: 6
Step-by-step explanation:
A P E X
Question 3 - Simulating a Random Walk
Consider the following random process:
You start at point zero and take a number of steps. Each step is
equally likely to be a step forward (+1) or a step backwar
Answer:
The random process described is a symmetrical random walk.
A symmetrical random walk is a mathematical model that represents a series of steps taken in either a forward (+1) or backward (-1) direction, each with equal probability. Starting from point zero, the process involves taking a certain number of steps. The outcome at each step is independent of previous steps, making it a stochastic process. The key characteristic of a symmetrical random walk is that, on average, the process remains centered around its starting point. This means that over a large number of steps, the expected displacement from the starting point approaches zero.
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HELPPPPPPP ASAPPPPPPPP PLSSSS
Answer:
the first one is. hope helps
there are n block from 0 to n-1. a couple of frogs were sitting together on one block, they had a quarrel and need to jump away from one another. the frogs can only jump to another block if the height of the other block is greater than equal to the current one. you need to find the longest possible distance that they can possible create between each other, if they also choose to sit on an optimal starting block initially.
The longest possible distance that the couple of frogs can create between each other is (n-1)/2, where n is the number of blocks from 0 to n-1.
To understand why, we can think about two cases: when n is odd and when n is even.
When n is odd, the two frogs can start at the ends of the line, with one frog on block 0 and the other frog on block n-1. They can then both jump to the middle block (block (n-1)/2) and create a distance of (n-1)/2 between them.
When n is even, the two frogs cannot start at the ends of the line because there is no middle block. However, they can start on adjacent blocks, such as blocks (n-2)/2 and (n+2)/2. They can then both jump to the block in the middle of the line (block n/2) and create a distance of (n-2)/2 between them.
In both cases, the longest possible distance between the two frogs is (n-1)/2.
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Please help!!!! Thanks
Answer:
AA
Step-by-step explanation:
∠1 ≅ ∠2 {Given}
∠3 ≅ ∠4 {Vertically opposite angles}
ΔAED ~ ΔBEC by AA postulate
Asymmetric encryption algorithm can be used to ensure the integrity of a file's contents. T/F
False. Asymmetric encryption algorithm can be used to ensure the integrity of a file's contents.
Asymmetric encryption algorithms, such as RSA, are primarily used for data confidentiality and authentication, not for ensuring the integrity of a file's contents. They provide a way to securely exchange encrypted messages between parties and verify the authenticity of the sender.
To ensure the integrity of a file's contents, techniques such as cryptographic hash functions or digital signatures are used. Cryptographic hash functions generate a fixed-size hash value that uniquely represents the file's contents. Comparing the hash value before and after transmission can verify if the file has been tampered with. Digital signatures, on the other hand, use asymmetric encryption to provide a means of verifying the integrity and authenticity of a file by attaching a digital signature created with the sender's private key.
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Find the error.
x=40
y=90
If(x>y and x<50)
print(a+10))
ELIF(x<y or x>50):
print(b*10)
Answer:
If(x>y and x<50): # add semicolon
print(a+10) # one close bracket
add " " double quotes inside print statements
print("a+10")
Orange Street has a y-intercept of -4 and a slope of 4/5
Write out this equation as y = mx + b
Answer:
y = 4/5x - 4
Step-by-step explanation:
Slope intercept is [ y = mx + b ] where m = slope and b = y-intercept. We are already given both so we can fill it in.
y = 4/5x - 4
Best of Luck!
Answer:
Orange Street has a (b=)y-intercept of -4 and a (m=)slope of 4/5
Therefore, m=4/5 and b= -4
y = mx+b
y = 4/5x+(-4)
y = 4/5x - 4 is the right answer.
A mobile network company charges a monthly rate of $14.50 and an additional $0.30 a minute per call. A customer monthly bill was 22.60 how many minutes were charged on his bill
(please help it says show work i’m in middle of class right now i’ll give branliest)
Answer:
27!!
Step-by-step explanation:
1) Find out how much was spent on calls
To find out how much was spent one calls we just have to subtract the bills from the monthly rate
22.60 - 14.50 = 8.12) Find out how many calls were made
Each call costs $0.30 and $8.10 was sent on calls. To find out how many calls were cost we just need to divide them.
8.10 ÷ 0.30 = 27Meaning the customer made 27 calls!
Hope this helps, have a great day!
PLEASE ANSWER ASAP THANK YOU
4/5
This is because there are 5 rectangles in total, but only 4 out of the 5 rectangles are colored.
Answer:
Step-by-step explanation:
The boxes filled in green represent the numerator: 4
The total number of boxes represent the denominator: 5
Therefore the picture represents 4 out of 5 boxes full, or 4/5.
On a test called the MMPI-2, a score of 30 on the Anxiety Subscale is considered
very low. Felipe participates in a yoga group at his gym and decides to give this
subscale to 18 people in his yoga group. The mean of their scores is 35.2, with a standard deviation of 10.4. He wants to determine whether their anxiety scores are statistically equal to 30.
What are the groups for this one-sample t-test?
What is the null hypothesis for this one-sample t-test?
What is the value of "?
Should the researcher conduct a one- or two-tailed test?
What is the alternative hypothesis?
What is the value for degrees of freedom?
What is the t-observed value?
What is(are) the t-critical value(s)?
Based on the critical and observed values, should Felipe reject or retain the null
hypothesis? Does this mean that his yoga group has scores that are above 30, below 30, or
statistically equal to 30?
What is the p-value for this example?
What is the Cohen’s d value for this example?
If the " value were dropped to .01, would Felipe reject or retain the null hypothesis?
Calculate a 42% CI around the sample mean.
Calculate a 79% CI around the sample mean.
Calculate a 95% CI around the sample mean.
The MMPI-2 test is used for the assessment of psychopathology and personality of patients.
It includes 567 true-false questions, resulting in 10 clinical scales, among which one is the anxiety subscale.
A score of 30 or less is usually considered very low.
The questions are answered by the patient, usually in a clinical or research setting.
A one-sample t-test is conducted in the problem, whereby a sample of 18 participants in a yoga group is tested for anxiety scores.
The following are the parameters of the one-sample t-test:Groups:
18 participants
Null hypothesis: The anxiety scores of Felipe's yoga group are statistically equal to 30." value: 30
Type of test: One-tailed test
Alternative hypothesis: The anxiety scores of Felipe's yoga group are greater than 30.
Degrees of freedom: n - 1 = 17T-observed value: (35.2 - 30) / (10.4 / sqrt(18)) = 2.41T-critical value: 1.734
Reject or retain null hypothesis: Since the t-observed value (2.41) is greater than the t-critical value (1.734), Felipe should reject the null hypothesis, which implies that his yoga group's scores are greater than 30.P-value: 0.014Cohen’s d value: (35.2 - 30) / 10.4 = 0.5
If the " value were reduced to 0.01, Felipe would still reject the null hypothesis, since the p-value (0.014) is lower than the alpha level (0.01).
For the sample mean: 35.2CI for 42%: 35.2 ± 0.58CI for 79%: 35.2 ± 1.16CI for 95%: 35.2 ± 2.13
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At the fast food restaurant, an order of fries costs $0.93 and a drink costs $1.11. How much would it cost to get 4 orders of fries and 3 drinks? How much would it cost to get ff orders of fries and dd drinks? Total cost, 4 orders of fries and 3 drinks: Total cost, ff orders of fries and dd drinks:
The total cost to get 4 orders of fries and 3 drinks is $7.05
The total cost to get ff orders of fries and dd is ($0.93*ff+$1.11*dd)
What is an algebraic expression?
An algebraic expression an expression which is made up of variables and constants, along with algebraic operations such as subtraction, addition, multiplication and division.
In this case, the total cost of fries is cost per fries, which is $0.93 multiplied by the number of fries, ff.
The total cost drinks is the cost per drink which is $1.11 multiplied by the number of drinks ordered, which is dd
Total cost=$0.93ff+$1.11dd
Now to determine the total cost of 4 orders of fries and 3 drinks, we simply substitute for the values of ff,4 and dd,3
Total cost=($0.93*4)+($1.11*3)
Total cost=$7.05
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Explain how to solve the equation.
g/4=24
Part 1
Select the correct choice below and fill in the answer box within your choice.
(Type a whole number.)
A.Divide both sides by
B.Subtract from both sides.
C.Multiply both sides by
D.Add to both sides.
Answer:
C. Multiply both sides by 4.
Step-by-step explanation:
You are isolating the variable, g, and so you will do the opposite of all operations that occurs with the variable, g.
Note the equal sign, what you do to one side, you would do to the other. Isolate the variable, g, by multiplying 4 to both sides of the equation:
\(\frac{g}{4} * 4 = 24 * 4\)
\(g = 24 * 4\)
\(g = 96\)
~
A government starts off with a total debt of $5.5 billion. In year one, the government runs a deficit of $600 million. In year two, the government runs a deficit of $1.5 billion. In year three, the government runs a surplus of $400 million. What is the total debt of the government at the end of year three?
Assuming the government runs a deficit of $200 million in year three, what is the total debt of the government at the end of year three?
If a government runs a budget deficit of $5 billion dollars each year for ten years, then a surplus of $2 billion for five years, and then a balanced budget for another ten years, what is the government debt?
The total debt of the government at the end of year three is $7.2 billion.
How does the government's deficit and surplus impact the total debt by the end of year three?Starting with a total debt of $5.5 billion, the government's deficits of $600 million in year one and $1.5 billion in year two contribute to an increase in the debt. However, in year three, the government runs a surplus of $400 million, which helps reduce the debt.
Thus, the total debt at the end of year three is calculated by adding the initial debt and deficits, and subtracting the surplus. In this case, the total debt at the end of year three is $7.2 billion.
How does assuming a deficit of $200 million in year three affect the government's total debt at the end year three?Assuming the government runs a deficit of $200 million in year three, the calculation changes. With the initial debt of $5.5 billion, the deficits of $600 million in year one and $1.5 billion in year two, and the additional deficit of $200 million in year three, the total debt at the end of year three would be $7.8 billion. This demonstrates how the deficit amounts impact the overall debt accumulation.
If a government runs a budget deficit of $5 billion each year for ten years, resulting in a total deficit of $50 billion, followed by a surplus of $2 billion per year for five years, reducing the debt by $10 billion, and then maintaining a balanced budget for another ten years, the government debt would amount to $40 billion. The deficits over the initial ten years lead to a significant accumulation of debt, but the subsequent surpluses help mitigate the debt by reducing the deficit. Finally, the balanced budget in the later years ensures that there is no further increase in debt. Understanding the interplay between deficits, surpluses, and a balanced budget is crucial to grasp the long-term implications on government debt and fiscal stability.
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A ball is thrown upward from the top of a 200 foot tall building with a velocity of 40 feet per second. Take the positive direction upward and the origin of the coordinate system at ground level. What is the initial value problem for the position, x(t), of the ball at time t? Select the correct answer. If you could please explain how to obtain the correct answer, I would appreciate it. Thanks!
a) d2x/dt2 = 40 , x(0) = 200 , dx/dt(0) = 40
b) d2x/dt2 = -40 , x(0) = 200 , dx/dt(0) = 40
c) d2x/dt2 = 32 , x(0) = 200 , dx/dt(0) = 40
d) d2x/dt2 = 200 , x(0) = 32 , dx/dt(0) = 40
The key to answering this question is to understand the physical situation and set up the correct initial value problem based on the given information.
We are told that a ball is thrown upward from the top of a 200-foot-tall building with a velocity of 40 feet per second. We are also given a coordinate system with the origin at ground level and the positive direction upward.
Let x(t) be the position of the ball at time t, measured from the ground level. The velocity of the ball is the derivative of its position with respect to time, so we have:
dx/dt = v0 - gt
where v0 is the initial velocity (positive because it is upward) and g is the acceleration due to gravity (which is negative because it acts downward). We know that v0 = 40 and g = -32 (in feet per second squared).
To get the position function x(t), we integrate both sides of this equation with respect to time:
x(t) = v0t - (1/2)gt^2 + C
where C is a constant of integration. To find C, we use the initial condition that the ball is thrown from the top of a 200 foot tall building. At time t = 0, the position of the ball is x(0) = 200.
x(0) = v0(0) - (1/2)g(0)^2 + C = 200
C = 200
So the position function is:
x(t) = 40t - (1/2)(-32)t^2 + 200
Simplifying this expression, we get:
x(t) = -16t^2 + 40t + 200
To check that this is the correct answer, we can take the derivatives to see if they match the given initial conditions.
dx/dt = -32t + 40
dx/dt(0) = -32(0) + 40 = 40
d2x/dt2 = -32
x(0) = -16(0)^2 + 40(0) + 200 = 200
So the correct initial value problem is:
d2x/dt2 = -32, x(0) = 200, dx/dt(0) = 40
Therefore, the correct answer is (b).
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Suppose Adam's preferences toward two goods x and y can be represented by a Cobb-Douglas utility function: U(x,y)=x α
y β
, where α+β=1, also given that price of good x is P x
, price of good y is P y
, and Adam's disposable income is I. Solve for the amount of X and Y that can give Adam the most utility.
The amount of X and Y that can give Adam the most utility is (αI/ Px) units of good X and (βI/ Py) units of good Y.
The Cobb-Douglas utility function represents a consumer's preferences towards two goods, X and Y. The function for Adam's preferences is given by:
U(x,y)=x α * y β, where α + β = 1. Given the price of good X is Px, the price of good Y is Py, and Adam's disposable income is I.
The total expenditure (E) for two goods will be:
E= PxX + PyY, Where X is the quantity of good X and Y is the quantity of good Y.
Adam's income constraint can be represented as:
I = PxX + PyY
We can rewrite the above expression as:
X = (I/ Px) - ((Py/Px)Y)
Thus, Adam's utility function can be written as:
U = X α * Y β
Substituting X with the expression we derived above, we get:
U = [(I/ Px) - ((Py/Px)Y)] α * Y β
To get the optimal consumption bundle, we need to maximize the utility function, which is given by:
MUx/ Px = α(Y/X)β
Muy/ Py = β(X/Y)α
Multiplying the two equations, we get:
MUx * Muy = αβ
Now, substituting the value of α + β = 1 in the above equation, we get:
MUx * Muy = α(1 - α)
Similarly, dividing the two equations, we get:
MUx / Muy = α/β
Now, we have two equations and two unknowns. We can solve them to get the values of X and Y, which maximize Adam's utility.
After solving, we get:
X = (αI / Px)
Y = (βI / Py)
Thus, the amount of X and Y that can give Adam the most utility is (αI/ Px) units of good X and (βI/ Py) units of good Y.
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