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Solved Maths Assignments and Study Material

   

Added on  2022-12-27

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Solved Maths Assignments and Study Material_1

Question 1
(a) Graph
(b) (i) Number of crates needed to be sold in one week to break even = 50
(ii) Fixed cost =?
Total cost when number of crates is zero (if line of total cost expends) = 2000
Therefore, the fixed cost = $2000
(c) Variable cost
For producing 10 number of crates, the total cost = $2300
Now,
Total cost = Fixed cost + Variable cost
2300 = 2000 + Variable cost
Variable cost = 2300 – 2000 = $300
Now, the variable cost $300 is for 10 crates and hence,
The variable cost per crates = 300/10 =$30
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Solved Maths Assignments and Study Material_2

Question 2
(a) The scatter plot indicates positive relationship between GDP and households with internt
access.
(b) The correlation coefficient of the data is approximately 0.70 based on the pattern of
scatter points.
(c) Line of best fit ion graph
(d) Let the two points on the graphs would be used to find the equation of the line of best fit.
Coordinates
P1 = (x1, y1) = (14.5, 50)
P2 = (x2, y2) = (27.5, 79)
Slope= y 2 y 1
x 2x 1 = 7950
27.514.5 = 29
13 =2.23
Now,
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Solved Maths Assignments and Study Material_3

( y50 )= 29
13 ( x14.5 )
13 y650=29 x420.5
13 y=29 x420.5+650
13 y=29 x +229.5
y=2.23 x +17.65
Households with internet access ( % ) =(2.23Grossdomestic product )+17.65
(e) Households with internet access (%) =?
Gross domestic product per capita = $3876 US
Equation
y=2.23 x +17.65
y= ( 2.233876
1000 )+17.65=26.30 %
Therefore, the households with internet access (%) would be 27%.
(f) The above estimate would not be reliable considering that the GDP value used as the
independent variable does not lie in the range of GDP values which have been used for the
estimation of the linear regression lines.
Question 3
(a) y=2 ( 6 x +4 ) ( x 9 )
y=2{6 x2¿54x +4x – 36}
y=2 ( 6 x250 x36 )
y=12 x2100 x72
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Solved Maths Assignments and Study Material_4

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