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Lera25 [3.4K]
2 years ago
6

An airline is planning its staffing needs for the next year. If a new route is​ approved, it will hire 837 new employees. If a n

ew route is not​ granted, it will hire only 199 new employees. If the probability that a new route will be granted is 0.37, what is the expected number of new employees to be hired by the​ airline?
Mathematics
1 answer:
dusya [7]2 years ago
6 0

Considering a discrete distribution, it is found that the expected number of new employees to be hired by the​ airline is of 446.16.

<h3>What is the mean of a discrete distribution?</h3>

The expected value of a discrete distribution is given by the <u>sum of each outcome multiplied by it's respective probability</u>.

In this problem, considering the situation described in the text, the distribution is given by:

  • P(X = 837) = 0.37.
  • P(X = 199) = 0.63.

Hence, the expected value is given by:

E(X) = 0.37(867) + 0.63(199) = 446.16.

More can be learned about discrete distributions at brainly.com/question/24855677

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Mia is tracking her savings account balance . She knows the equation to find her balance y in any year t, but she can't remember
motikmotik

Complete question is;

Mia is tracking her savings account balance. She knows the equation y = 8000p^(t) can be used to find her balance y in any year t, but she can't remember what p represents. Her balance 3⅔ years after opening her account, is $9,905.54. What is the value of p?

Answer:

p = 1.06

Step-by-step explanation:

We are told that the equation y = 8000p^(t) can be used to find her balance y in any year t.

Now, we are given t = 3⅔ = 11/3 years

Also, we are given balance after 11/3 years as;

y = $9,905.54

Thus;

Plugging the relevant values into y = 8000p^(t), we have;

9,905.54 = 8000p^(11/3)

p^(11/3) = 9905.54/8000

p = (9905.54/8000)^(3/11)

p = 1.06

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