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1 year ago

What is the solution to this equation?

Mathematics

1 answer:

pogonyaev1 year ago

8 0

30.16 - 17.56 is 12.6 then 12.6/5 = 2.52

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A construction company is considering submitting bids for contracts of three different projects. The company estimates that it h

julsineya [31]

Answer:

a. $P(x)=\frac{n!}{x!(n-x)!}*p^{x}*(1-p)^{n-x}\\$

b. $E(x) = 0.3$

c. $S(x)=0.5196$

d. $E=5,000$

Step-by-step explanation:

The probability that the company won x bids follows a binomial distribution because we have n identical and independent experiments with a probability p of success and (1-p) of fail.

So, the PMF of X is equal to:

$P(x)=\frac{n!}{x!(n-x)!}*p^{x}*(1-p)^{n-x}\\$

Where p is 0.1 and it is the chance of winning. Additionally, n is 3 and it is the number of bids. So the PMF of X is:

$P(x)=\frac{3!}{x!(3-x)!}*0.1^{x}*(1-0.1)^{n-x}\\$

For binomial distribution:

$E(x)=np\\S(x)=\sqrt{np(1-p)}$

Therefore, the company can expect to win 0.3 bids and it is calculated as:

$E(x) = np = 3*0.1 = 0.3$

Additionally, the standard deviation of the number of bids won is:

$S(x)=\sqrt{np(1-p)}=\sqrt{3(0.1)(1-0.1)}=0.5196$

Finally, the probability to won 1, 2 or 3 bids is equal to:

$P(1)=\frac{3!}{1!(3-1)!}*0.1^{1}*(1-0.1)^{3-1}=0.243\\P(2)=\frac{3!}{2!(3-2)!}*0.1^{2}*(1-0.1)^{3-2}=0.027\\P(3)=\frac{3!}{3!(3-3)!}*0.1^{3}*(1-0.1)^{3-3}=0.001$

So, the expected profit for the company is equal to:

$E=-10,000+50,000(0.243)+100,000(0.027)+150,000(0.001)\\E=5,000$

Because there is a probability of 0.243 to win one bid and it will produce 50,000 of income, there is a probability of 0.027 to win 2 bids and it will produce 100,000 of income and there is a probability of 0.001 to win 3 bids and it will produce 150,000 of income.

5 0

2 years ago

Which of the following triangle cases may have one, two, or zero solutions?

Lunna [17]

I think the correct answer is B. It is the triangle case SSA that may have one, two, or zero solutions. This case can have either number of solutions but it depends on the sides of the triangle given. Having one solution can be all of the cases except SSS, having 2 solutions can only be applied to SSA.

6 0

2 years ago

Write "The total of a number t and 11" as an algebraic expression.

timofeeve [1]

T+11 because total would mean add them

5 0

2 years ago

Read 2 more answers

What is the converse of the following statement?

photoshop1234 [79]

Hi I wanna is a time for us tomorrow morning to go to the movies and I re66

5 0

2 years ago

DONT IGNORE!!! I NEED HELP: NO LINKSS

tankabanditka [31]

Answer:

39 ft²

Step-by-step explanation:

11 ft × 3 ft = 33 ft²

2 ft × 3 ft = 6 ft²

33 ft² + 6 ft² = 39 ft²

4 0

2 years ago