In Problems 14, given that p(x) is a density function, find the value of a.
Read moreTable of Contents
Textbook Solutions for Applied Calculus
Question
Figure 7.31 shows P(t), the percentage of inventory of an item that has sold by time t, where t is in days and day 1 is January 1. (a) When did the first item sell? The last item? (b) On May 1 (day 121), what percentage of the inventory had been sold? (c) Approximately what percentage of the inventory sold during May and June (days 121181)? (d) What percentage of the inventory remained after half of the year had passed (at day 181)? (e) Estimate when items went on sale and sold quickly. 60 120 180 240 300 360 50 100 t (days) % of inventory sold P(t) Figure 7.31
Solution
The first step in solving 7 problem number 14 trying to solve the problem we have to refer to the textbook question: Figure 7.31 shows P(t), the percentage of inventory of an item that has sold by time t, where t is in days and day 1 is January 1. (a) When did the first item sell? The last item? (b) On May 1 (day 121), what percentage of the inventory had been sold? (c) Approximately what percentage of the inventory sold during May and June (days 121181)? (d) What percentage of the inventory remained after half of the year had passed (at day 181)? (e) Estimate when items went on sale and sold quickly. 60 120 180 240 300 360 50 100 t (days) % of inventory sold P(t) Figure 7.31
From the textbook chapter REVIEW PROBLEMS FOR CHAPTER SEVEN you will find a few key concepts needed to solve this.
Visible to paid subscribers only
Step 3 of 7)Visible to paid subscribers only
full solution