Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The length of time Y necessary to complete a key operation in the construction of houses has an exponential distribution with mean 9.74hours.The formula C=96.23+43.19Y+2.75Y

The length of time Y necessary to complete a key operation in the construction of houses has an exponential distribution with mean 9.74hours.The formula

C=96.23+43.19Y+2.75Y2

relates the cost C of completing this operation to the square of the time required to completion.Find the mean of C.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Business Mathematics In Canada

Authors: F. Ernest Jerome, Jackie Shemko

3rd Edition

1259370151, 978-1259370151

More Books

Students also viewed these Mathematics questions

Question

What makes you consider purchasing Huawei instead of another brand?

Answered: 1 week ago

Question

identify some key project management capability building blocks;

Answered: 1 week ago