Use Simpson's Rule to Approximate the Integral with Answers Rounded

question 5

Multiple Choice

Use Simpson's Rule to approximate the integral with answers rounded to four decimal places.

• A) 2.0076
• B) 2.6098
• C) 2.9504
• D) 2.2955

---

Definitions:

Contribution Margin

The sum left from the revenue of sales once variable costs have been subtracted, utilized to pay for fixed expenses and create profit.

Administrative Expenses

Costs related to the general administration of a business, such as salaries of executive personnel, accounting, and human resources.

Net Operating Income

A measure of a company's profitability calculated as total revenue minus operating expenses, excluding interest and taxes.

Contribution Approach

A method of income statement presentation that separates fixed costs from variable costs, facilitating operational decision-making.