Honey is a technology company that provides online coupons to its subscribers. Honey's analytics staff has developed a classification method to predict whether a customer who has been sent a coupon will apply the coupon toward a purchase. For a sample of customers, the following table lists the classification model's estimated coupon usage probability for a customer. For this particular campaign, suppose that when a customer uses a coupon, Honey receives $1 in revenue from the product sponsor. To target the customer with the coupon offer, Honey incurs a cost of $0.05. Honey will offer a customer a coupon as long as the expected profit of doing so is positive. Using the equation

Expected Profit of Coupon Offer = P(coupon used) × Profit if coupon used + (1 - P(coupon used)) × Profit if coupon not used

determine which customers should be sent the coupon.

Customer Probability of Using Coupon
1 0.47
2 0.35
3 0.27
4 0.03
5 0.08
Determine the expected profit for each customer. Round your answers to the nearest cent. Enter negative value as negative number, if any.

Customer Expected Profit
1 $
2 $
3 $
4 $
5 $
The expected profit is positive for customers
- Select your answer -
, so these customers
- Select your answer -
the coupon

Answers

Answer 1

Based on the expected profit to Honey, and the probability of the various customers using the coupons, all customers except customer 4 should be sent coupons.

What is the expected profit for all customers?

The profit to Honey if people use the coupons is:

= Revenue - Cost

= 1 - 0.05

= $0.95

The profit if the coupon is not used is the cost of $0.05.

Customer 1 expected profit:

= P(coupon used) × Profit if coupon used + (1 - P(coupon used)) × Profit if coupon not used

= (0.47 x 0.95) + ( (1 - 0.47) x -0.05)

= $0.42

Customer 2 expected profit:

= (0.35 x 0.95) + ( (1 - 0.35) x -0.05)

= $0.30

Customer 3 expected profit:

= (0.27 x 0.95) + ( (1 - 0.27) x -0.05)

= $0.22

Customer 4 expected profit:

= (0.03 x 0.95) + ( (1 - 0.03) x -0.05)

= -$0.02

Customer 5 expected profit:

= (0.08 x 0.95) + ( (1 - 0.08) x -0.05)

= $0.03

In conclusion, all customers expect customer 4 should be sent the coupons as they result in profits.

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Related Questions

Order from least to greatest = 9.7 x 103 = 8.2 x 10-7 = 1.2 x 103 = 3.4 x 106 = 5.8 x 10​

Answers

Judd end chxjendjxxuxid

Step-by-step explanation:

there's no such that in mathematics

X/h +1=-2 what is the value of x in terms of h

Answers

Answer:

i’m pretty sure it’s X = -3h

Step-by-step explanation:

X/h + 1 = - 2

By taking L.C.M

(X + h)/ h = -2

X + h = -2h

X = -2h - h

X = -3h

Hellllllllllllllllllllllp

Answers

Answer:

C

Step-by-step explanation:

Reflect over y axis the rotate 180 degrees.

Eighty seven students were passing around a petition to stop the historical building from being demoilshed. each student collected 92 signatures. what was the total number of signatures the students collected

Answers

Answer:

8004

Step-by-step explanation:

87 x 92 = 8004

Answer:

87 × 92 = 8,004

Step-by-step explanation:

all 87 students got 92 signatures

There are 5,000 fish in the pond and the population is increasing by 3.1% each year. Write an equation to determine the fish population after x years

Answers

The estimate fish population in a pond is given by
the function P(t)=5,000(1.021)tP(t)=5,000(1.021)t.
The pouplation will be 10,00010,000

If there are 5,000 fish in the pond and the population is increasing by 3.1% each year.

After one year the population would be 15500?
so [tex]5000=x*3.1[/tex]

EASY ANSWER FOR BRAINLEST QUICK!
Which inverse operation is needed to isolate the variable in the equation 4.75x = 24.7?
Group of answer choices

Multiply both sides by 4.75.

Divide both sides by 4.75.

Subtract 4.75 from both sides.

Add 4.75 to both sides.4.75x = 24.7?

Answers

Answer:

Divide both sides by 4.75

Step-by-step explanation:

The goal is to get x by itself and 4.75 is attached by multiplication so doing the inverse will leave x alone.

Hope this helps! Have a great day!

Brainliest if correct

Answers

Answer:

1

2

2

5

=  

1 × 5

2 × 5

2 × 2

5 × 2

=  

5

10

4

10

=  

5 – 4

10

=  

1

10

Step-by-step explanation:

given the following formula solve for r. C=2πr

Answers

Answer:

[tex]\frac{c}{2\pi } =r[/tex]

Step-by-step explanation:

c = 2πr

→ Divide both sides by 2π

[tex]\frac{c}{2\pi } =r[/tex]

Rewrite each equation without absolute value for the given conditions. y = |x-5| + |x+5| if -5 < x < 5

Answers

Answer:

y=10

Step-by-step explanation:

If you can make 1 whole pencil out of 4 pencil pieces and you are given 16 pieces. How man whole pencils can you make? (answer is not 4)​

Answers

Answer:

is there multiple choice options, I want to help but I'm not sure why it isn't 4

Pls help me
Question 2 Part C (5 points): Mrs. Hinson is replacing her rectangular driveway with pavers. The area of her driveway is 64m² - 9n² square units. Mrs. Hinson needs to find the dimensions of her driveway so she knows how many pavers to buy.


Help Mrs. Hinson by factoring the area completely. To receive full credit, you must show all work.


WORK:
ANSWER: The dimensions are...

Answers

Let's factor out

[tex]\\ \rm\Rrightarrow 64m^2-9n^2[/tex]

[tex]\\ \rm\Rrightarrow (8m)^2-(3n)^2[/tex]

[tex]\\ \rm\Rrightarrow (8m-3n)(8m+3n)[/tex]

Done

The dimensions of Mrs. Hinson's driveway are (8m -3n)unit ×  (8m + 3n) units.

Factors:It is a number or algebraic expression which divides completely another number or expression, without leaving any remainder.

How to solve the given problem?The shape of the driveway is rectangular, which is given by
64m² - 9n² .Let A = 64m² - 9n².
Splitting the given quadratic equation as it is in form of
   a² - b² = (a - b) (a + b)
∴ A = (8m)² - (3n)²
∴ A = (8m -3n) (8m + 3n)   [∵a² - b² = (a - b) (a + b)]Thus the factors of the equation are  (8m -3n) (8m + 3n).

Thus, the dimensions of the area are  (8m -3n)unit ×  (8m + 3n) units.

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The phone jose wants it on sale for 20% off. The original cost of the phone is $775. How much will he need to pay after the discount with an 8% tax? I need to show my work. Please help

Answers

Answer:

$669.60

Step-by-step explanation:

item with an original price tag of $775.00 that is marked down by 20% will have a sales price of $620.00 plus 8% tax

A health research institute collects information from 20 individuals on the number of years they have spent smoking cigarettes, and their age of death. The data is summarized below:

∑x=1257
∑y^2=836
∑x^2=98823
∑y=116
∑(xy)=8249


Find the correlation coefficient (r):

Answers

The correlation coefficient of the health research institute data measures the relationship between the age and the years of the smokers

The correlation coefficient is 0.53

How to calculate the correlation coefficient

The correlation coefficient (r) is calculated as:

[tex]r = \frac{n(\sum xy) - \sum x \sum y}{\sqrt{[n \sum x^2 - (\sum x)^2][n\sum y^2 - (\sum y)^2}}[/tex]

Using the given parameters, we have:

[tex]r = \frac{20 *8249 - 1257* 116}{\sqrt{[20 * 98823 - 1257^2][20 * 836 - 116^2}}[/tex]

Evaluate the exponents

[tex]r = \frac{20 *8249 - 1257* 116}{\sqrt{[20 * 98823 - 1580049][20 * 836 - 13456}}[/tex]

Evaluate the products

[tex]r = \frac{164980 - 145812}{\sqrt{[1976460 - 1580049][16720 - 13456}}[/tex]

Evaluate the differences

[tex]r = \frac{19168}{\sqrt{[396411*3264}}[/tex]

Evaluate the product

[tex]r = \frac{19168}{\sqrt{1293885504}}[/tex]

Evaluate the root

[tex]r = \frac{19168}{35970.6}[/tex]

Evaluate the quotient

[tex]r = 0.53[/tex]

Hence, the correlation coefficient is 0.53

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It appears that people who are mildly obese are less active than leaner people. One study looked at the average number of minutes per day that people spend standing or walking. Among mildly obese people, the mean number of minutes of daily activity (standing or walking) is approximately Normally distributed with 376 minutes and standard deviation 70 minutes. The mean number of minutes of daily activity for lean people is approximately Normally distributed with 526 minutes and standard deviation 106 minutes. A researcher records the minutes of activity for an SRS of 6 mildly obese people and an SRS of 6 lean people.

Required:
a. What is the probability that the mean number of minutes of daily activity of the 6 mildly obese people exceeds 410 minutes?
b. What is the probability that the mean number of minutes of daily activity of the 6 lean people exceeds 410 minutes?

Answers

Answer:

0.9963 is the probabilities that mean number of daily activity of 6 lean people exceed 410 minutes.

Step-by-step explanation:

Solution:

6 Mildly obese people exceed 410 minutes.

Given:

Mean = µ = 376

Standard deviation = ∂ = 70

n = 6

p (x> 410) = p (z > x - µ/ ∂ / √n)

                 = p (z > 410 – 376 / 70 /√6 )

                 = p (z > 1.185)

                 = 1 – p (z < 1.185)

                 = 1 – 0.38199

                = 0.618

0.618 is the probability that the mean number of minutes of daily activity of 6 mildly obese people exceed 410 minutes.

6 lean people exceed 410 minutes:

Given:

Mean = µ = 526

Standard deviation = ∂ = 106

n = 6

=p(x > 410)

= p (z > x - µ/ ∂ /√n)

=p (z > (410 – 526 ) / 106 / √ 6 )

= p (z > - 2.67)

= p (z <2.68)

= 0.9963

0.9963 is the probabilities that mean number of daily activity of 6 lean people exceed 410 minutes.

What type is this angle
If u click there will be pic

Answers

Obtuse because it’s greater than a 90 degree angle

A store paid $240.00 for a dining table.The manager of the store marks up the table by 125%.what is the new price of the dining table?

Answers

Answer:

$300

Step-by-step explanation:

$240 × 125% is $300

We can use the method of calculating the percentage of an amount to find out the discount amount. The new price of the dining table will be $300.

How to calculate unit price of something?

Unit means 'single entity', the fundamental constructing block. Usually, it is 1 in mathematics and science.

Thus, unit price of something is price of 1 thing.

Therefore, suppose we're taking about price of mangoes, then unit price will denote the price of 1 mango.

We have been given that A store paid $240.00 for a dining table and The manager of the store marks up the table by 125%.

Therefore,  125% of $240

$240 × 125%

$240 × 1.25

= $300

Hence, the new price of the dining table will be $300.

We can use the method of calculating the percentage of an amount to find out the discount amount.

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Solve the equation by factoring.

3x^2 - 7x + 4 = 0

Answers

Answer: (x-4)(x-3). x final solutions are: 4 and 3. Explanation:
A=3
B=-7
C= 4
A times C is 12
Since B=-7, then we have to find two factors of twelve, that also add up to -7. those factors are -4 and -3.
then we plug -4 and -3 into the factored solution. so, (x=-4) (x=-3)
it always has to be equal to zero when we solve for the x’s and we solve one at a time
when you solve x-4=0 it gives you 4
and when you solve x-3=0 it gives you 3
Hope this helps!!

please help me with this

Answers

Answer:

B

Step-by-step explanation:

Consider this:
Cheese Dip --> Burrito --> Chicken

Cheese Dip --> Burrito --> Beef

Assume Cheese Dip is your starting point and Chicken / Beef are your ending points. We already have two combos here.

Now looking at the diagram, we should see eight ending points in total.

Therefore, there would be eight combinations for Lelia to choose.

Pls helpppp asap i really need help

Answers

In what do u need help ?

students from three grade levels were surveyed

Answers

Answer:

what do u mean surveyed?

Answer:

The choices CDE

Step-by-step explanation:

CDE

The table below shows the presicted number of words janae cam type ,y, in x minutes

Answers

Answer:

answer is b

Step-by-step explanation:

25% of £18 i need help fast pls

Answers

25% of 18 = 4.5
25% is also known as a quarter
So 1/4 x 18 = 4.5
Answer is 4.5

Answer:

like they said

Step-by-step explanation:

the answer is 4.5

Please help
Math experts urgent thank you very much

Answers

Answer:

The left table's answers are  5, 30, and 60.

The right table's answers are 20, 36, and 22.5

And the bottom table's answers are 32, 12, and 40

Hope that helps!

Which equation has no solution? A 2(x+1)=1 B 2(x+1)=2x+2 C 2(x+1)=2x+1 D 2(x+1)=2

Answers

Answer:

C) 2(x+1)=2x+1 ( No Solution )

Step-by-step explanation:

1)

[tex]2(x+1)=1\\\cfrac{2\left(x+1\right)}{2}=\frac{1}{2}\\x+1=\cfrac{1}{2}\\ x+1-1=\frac{1}{2}-1\\\boxed{x=-\frac{1}{2}}[/tex]

2)

[tex]2(x+1)=2x+2\\2x+2=2x+2\\2x+2-2=2x+2-2\\2x=2x\\2x-2x=2x-2x\\0=0[/tex]

3)

[tex]2(x+1)=2x+1 \\2x+2=2x+1\\2x+2-2=2x+1-2\\2x=2x-1\\2x-2x=2x-1-2x\\0=-1\\\boxed{No\:Solution}[/tex]

4)

[tex]2(x+1)=2\\\cfrac{2\left(x+1\right)}{2}=\cfrac{2}{2}\\x+1=1\\x+1-1=1-1\\x=0[/tex]

~

A $1250 TV is on sale for $200 off the regular price. The tax is 5.5%. What is the total
cost of the TV with tax?

Answers

Answer: Multiply 950 by 5.5

1250 - 200 = 950

950 x 5.5 = answer.

I am not sure though.

Answer:

1107.75

Step-by-step explanation:

1250-200=1050

10%x1050=105

5%=52.5

1%=10.5

0.5%=5.25

1050+52.5+5.25=1107.75

Which relationships describe angles 1 and 2?
Select each correct answer.
O complementary angles
D vertical angles
O adjacent angles
O supplementary angles

Answers

Answer:

Complementary angles

Adjacent angles

Step-by-step explanation:

Complementary Angles:  Two angles whose measures sum to 90°

Vertical Angles: a pair of non-adjacent angles formed by the intersection of two straight lines. Vertical angles are congruent

Adjacent Angles: Two angles that share a common side and a common vertex, but don't overlap.

Supplementary Angles:  Two angles whose measures sum to 180°

Therefore, angles 1 and 2 are:

Complementary anglesAdjacent angles

The daily wages of a carpenter are increased from $40 to $48. Find the
percent increase?

Answers

Answer:20

Step-by-step explanation: so first take out the amount of salary increased so it will be- 48-40=-8

After take out the percentage of the increased amount which was $-8 and the original amount which was $40 so 8/40 × 100

Percentage increase would be 16.67% or if thats not right try 20%

i hope this helps!!!!

The cone below has a base diameter of 20x cm. When the base of
The cone rests on horizontal ground it exerts a pressure of 650 N/m^2

a) Calculate the weight of the cone in terms of x and pie

Answers

Since the cone has a base diameter of 20x cm, the weight of the cone in terms of x and pie is 6.50πx² N

Pressure on the ground

The pressure on the horizontal ground due to the cone is given by P = W/A where

W = weight of cone and A = area of base of cone

Weight of the cone

Making W subject of the formula, we have

W = PA

Since

P = pressure = 650 N/m² and A = area of base of cone = πd²/4 where d = diameter of base of cone = 20x cm = 0.2x m

So, W = PA

W = Pπd²/4

W = Pπ(0.2x)²/4

W = 0.04Pπx²/4

W = 0.01Pπx²

Substituting the values of the variables into the equation, we have

W = 0.01Pπx²

W = 0.01 × 650 N/m² × π(x m)²

W = 6.50πx² N

So, since the cone has a base diameter of 20x cm, the weight of the cone in terms of x and pie is 6.50πx² N

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Both equations in a linear-quadratic system of equations can have two variables that are squared.

True or False

Answers

i believe it’s true im sorry if it’s wrong im not sure!!

how many solutions does y=-6x-9 have

Answers

Answer:

  an infinite number

Step-by-step explanation:

This equation has a graph that is a line. Every point on the line is a solution.

There are an infinite number of solutions.

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