Question:
An oil company produces oil from two wells. Well 1 can produce up to 150,000 barrels per day, and well 2 can produce up to 200,000 barrels per day. It is possible to ship oil directly from the wells to the company's customers in Los Angeles and New York. Alternatively, the company could transport oil to the ports of Mobile and Galveston and then ship it by tanker to New York or Los Angeles, respectively. Los Angeles requires 160,000 barrels per day, and New York requires 140,000 barrels per day. The costs of shipping 1000 barrels between various locations are shown in the file P14_88.xlsx, where a blank indicates shipments that are not allowed. Determine how to minimize the transport costs in meeting the oil demands of Los Angeles and New York.
100 points possible 2/20 answered ImiamiIs A Hugeas Savey Question 20 4 44 percent of students are male. 40 percent of students take statistics. 30 percent of male students take statistics. Complete the table below, then answer the questions below the table. Give all answers as decimals to 4 decimal places. Statistics Not Statistics Total Male Female Total a) What percent of statistic students are female Give answer as decimals to 4 decimal places. b) What percent of females are in statistics Give answer as decimals to 4 decimal places.Define statistics. Choose the correct answer below. O A. Statistics is the science of collecting, organizing, summarizing, and analyzing information to draw a conclusion and answer questions. In addition, statistics is about providing a measure of confidence in any conclusions. O B. Statistics encompasses all scientific disciplines in which percentages are used, data are analyzed, and probabilities are found. In addition, statistics references any mathematical model which is reported using percentages or proportions. O C. Statistics encompasses all scientific disciplines in which random occurrences are analyzed. In addition, statistics references any random occurrence which is reported using percentages or proportions. O D. Statistics is the science of manipulating, reorganizing, and editing information to produce the desired results. In addition, statistics is about providing the required answer with the desired level of confidence.n/courses/1341609/quizzes/1963957/take Question 7 4 pts Answer the following questions concerning the descriptive statistics listed below. These descriptive statistics were generated from a random sample of all USF students and contain information about the amount of time they exercise per week and the amount of student loan debt (in thousands of dollars) they expect upon graduating college. Descriptive Statistics Exercise Debt N 22 22 Lo 954 CI 6. 0177 7. 0941 Mean 7. 5000 10. 750 Up 954 CI 8 . 9823 14. 406 SD 3. 0000 15 . 104 Minimum 0. 0000 0. 0000 Median 6. 5000 5. 0000 Maximum 22 . 000 75. 000 You are asked if the population mean student loan debt of all students is $7,600. How would you respond? Claim that you are 95% confident that the population mean exceeds $7,600. Claim that statistics is dumb and that you don't want to answer that question. Claim that the mean might be $7,600 when using a 95% confidence level. Claim that you are 95% confident that the population mean is less than $7,600
