« previous next »

Author Question: As long as the slope of the objective function stays between the slopes of the binding constraints ... (Read 73 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jun 24, 2018
As long as the slope of the objective function stays between the slopes of the binding constraints
 a. the value of the objective function won't change.
  b. there will be alternative optimal solutions.
  c. the values of the dual variables won't change.
  d. there will be no slack in the solution.

Question 2

An apartment complex developer is considering building apartments in College Town, but first wants to do a market study. A sample was selected of monthly rent values () for 70 studio apartments in College Town. (Based on past experience, the developer assumes a known value of  = 55 for the population standard deviation.)
 a. Develop a 98 confidence interval for the mean monthly rent for all studio apartments in this city.
  b. Suppose the apartment developer wants a 98 confidence interval estimate of the population mean with a margin of error of E = 10 . What sample size is needed?


anoriega3

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

a. x = 490.8 98, z /2 = 2.33 . 98 confidence interval is 475.48 to 506.12
b. 162


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Local/long distance cell Signaling Local/long distance cell Signaling
How to use the product rule to find the derivative of a function How to use the product rule to find the derivative of a function
Clear the lower leg with long strokes. Start proximal to the ankle, and stroke to the knee and ... Clear the lower leg with long strokes. Start proximal to the ankle, and stroke to the knee and ...
Hill plots of oxygen binding for myoglobin and hemoglobin under physiological conditions Hill plots of oxygen binding for myoglobin and hemoglobin under physiological conditions
How B Vitamins Function as Coenzymes (d) How B Vitamins Function as Coenzymes (d)
Prove that each of the following real functions f has a discontinuity. For each function, ... Prove that each of the following real functions f has a discontinuity. For each function, ...
Video: Autonomic Nervous System Animation

For a complete list of videos, visit our video library