CP Ltd demand function is estimated to be P = 100 – 2Q Where P is the unit selling price in shillings and Q is the quantity demanded in 000’s of units. The total cost function is estimated to be: C=Q2 +10Q+500,whereCisthetotalcostinsh.1 ,000 Required: (a) Calculate the output in units that will maximize total profit and the corresponding unit selling price, total profit, and total sales revenue. (b) Calculate the output in units that will maximize total revenue, and to calculate the corresponding unit selling price, total loss and total sales revenues.

In this problem, we explore the effect on the standard deviation of multiplying each data value in a data set by the same constant. consider the data set 14, 6, 8, 15, 15. (a) use the defining formula, the computation formula, or a calculator to compute s. (round your answer to one decimal place.) s = 4.28 (b) multiply each data value by 3 to obtain the new data set 42, 18, 24, 45, 45. compute s. (round your answer to one decimal place.) s = 12.83 (c) compare the results of parts (a) and (b). in general, how does the standard deviation change if each data value is multiplied by a constant c? multiplying each data value by the same constant c results in the standard deviation remaining the same. multiplying each data value by the same constant c results in the standard deviation being |c| times as large. multiplying each data value by the same constant c results in the standard deviation increasing by c units. multiplying each data value by the same constant c results in the standard deviation being |c| times smaller. (d) you recorded the weekly distances you bicycled in miles and computed the standard deviation to be s = 3.8 miles. your friend wants to know the standard deviation in kilometers. do you need to redo all the calculations? yes no given 1 mile ≠1.6 kilometers, what is the standard deviation in kilometers? (enter your answer to two decimal places.)