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2 years ago

What is the purpose of consumer rights?

Mathematics

1 answer:

fiasKO [112]2 years ago

8 0

Answer:

Consumer rights and consumer protection law provides a way for individuals to fight back against abusive business practices. These laws are designed to hold sellers of goods and services accountable when they seek to profit by taking advantage of a consumer's lack of information or bargaining power.

Step-by-step explanation:

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The first 150 attendees at a

pashok25 [27]

Use proportion or formula or working

Part
____== %_

Whole. 100

Answer: 500
500 people attended the game

3 0

3 years ago

Ship collisions in the Houston Ship Channel are rare. Suppose the number of collisions are Poisson distributed, with a mean of 1

alexandr1967 [171]

Answer:

$a) \simeq 0.3012$ $b) \simeq 0.0494$ c) $\simeq 0.2438$

Step-by-step explanation:

Rate of collision,

1.2 collisions every 4 months

or, $\frac{1.2}{4}$

= 0.3 collisions per month

So, the Poisson distribution for the random variable no. of collisions per month (X) is given by,

P(X =x) = $\frac{e^{-\lambda}\times {\lambda}^{x}}}{x!}
$

for x ∈ N ∪ {0}

= 0 otherwise --------------------------------------(1)

here, $\lambda = 0.3$ collision / month

No collision over a 4 month period means no collision per month or X =0

Putting X = 0 in (1) we get,

P(X = 0) = $\frac{e^{-0.3}\times {\0.3}^{0}}{0!}
$

$\simeq 0.7408182207$ ------------------------------------(2)

Now, since we are calculating this for 4 months,

so, P(No collision in 4 month period)

= $0.7408182207^{4}$

$\simeq 0.3012$ -----------------------------------------------------------(3)

2 collision in 2 month period means 1 collision per month or X =1

Putting X =1 in (1) we get,

P(X =1) = $\frac{e^{-0.3}\times {\0.3}^{1}}{1!}
$

$\simeq 0.2222454662$ ------------------------------------(4)

Now, since we are calculating this for 2 months, so ,

P(2 collisions in 2 month period)

= $0.2222454662^{2}$

$\simeq 0.0494$ -----------------------------------------(5)

1 collision in 6 months period means

$\frac{1}{6}$ collision per month

Now, P(1 collision in 6 months period)

= P( X = 1/6] (which is to be estimated)

= $\frac {P(X=0)\times 5 + P(X =1)\times 1}{6}$

= \frac {0.7408182207 \times 5 + 0.2222454662 \times 1}{6}[/tex]

$\simeq 0.6543894283$ -------------------------------------------(6)

So,

P(1 collision in 6 month period)

= $0.6543894283^{6}$

$\simeq 0.0785267444$ ------------------------------------------------(7)

So,

P(No collision in 6 months period)

= $(P(X =0)^{6}$

$\simeq 0.1652988882$ ---------------------------------(8)

so,

P(1 or fewer collision in 6 months period)

= (8) + (7 ) = 0.0785267444 +0.1652988882

$\simeq 0.2438$ ---------------------------------------------(9)

7 0

3 years ago

If the federal reserve sells 70,000 in treasury bonds to a bank at 9%

Anton [14]

Answer:

it is decreased by $70,000

Step-by-step explanation:

Federal reserve sells $70,000 in treasury bonds to a bank at 9%

6 0

3 years ago

1/2x - 7 = 1/3 (x-12)

Volgvan

So this is the answer:)))))

7 0

3 years ago

(5 x 10^-2) divided by (3.0 x 10^4)

vlada-n [284]

Exact form :

1

_______

600000

Decimal form :

-
1. 6 . 10 ^ -6.

If you can , can you please mark me as brainlist:)

3 0

3 years ago