Answer:
b) 0.0007
c) 0.4163
d) 0.2375
Step-by-step explanation:
We are given the following:
We treat securities lose value as a success.
P(Security lose value) = 70% = 0.7
Then the securities lose value follows a binomial distribution, where
where n is the total number of observations, x is the number of success, p is the probability of success.
Now, we are given n = 20.
a) Assumptions
- There are 20 independent trials.
- Each trial have two possible outcome: security loose value or security does not lose value.
- The probability for success of each trial is same, p = 0.7
b) P(all 20 securities lose value)
We have to evaluate:
0.0007 is the probability that all 20 securities lose value.
c) P(at least 15 of them lose value.)
d) P(less than 5 of them gain value.)
P(gain value) = 1 - 0.7 = 0.3
The width of the driveway is 5x-2.
The height of the carport is 6x+1.
We complete polynomial long division for both of these.
For the driveway:
Dividing 5x²+43x-18 by x+9, we first see how many times x will go into 5x². It goes in 5x times; we write this in the division problem above 43x. Multiplying back through,
5x(x+9) = 5x²+45x. This goes below 5x²+43x. We now subtract:
5x²+43x-(5x²+45x)= -2x; this goes below the 45x we wrote earlier. Bring down the -18.
Now we see how many times x goes into -2x; it goes -2 times. This goes beside our 5x in our answer at the top. Multiplying back through,
-2(x+9) = -2x-18. This goes below our -2x-18 we had, and gives us an answer of 5x-2 with a remainder of 0.
For the carport:
To divide 48x³+68x²-8x-3 by 8x²+10x-3, we see how many times 8x² will go into 48x³. It will go 6x times; write this above -8x. Multiplying back through,
6x(8x²+10x-3) = 48x³+60x²-18; write this below 48x³+68x²-8x. Now subtract:
48x³+68x²-8x-(48x³+60x²-18) = 8x²+10x; this goes below our 48x³+60x²-18. Bring down the -3.
Now we want to see how many times 8x² will go into 8x². It goes 1 time; write this beside our 6x at the top. Multiplying back through,
1(8x²+10x-3) = 8x²+10x-3; write this below the 8x²+10x-3 we have already down. When we subtract these, we get a remainder of 0, with our answer up top as 6x+1.
Answer:
Victor runs a small sandwich shop. He decides to start offering bags of chips to his customers. He finds a supplier where he can buy chips for $0.30 per bag. Victor needs to determine how much to charge for the chips at his shop. He does some research by talking to other nearby sandwich shop owners. The table below shows their sales per week for two different prices. (The values are: 150 bags sold, for $1.00 per bag, and 350 bags sold, for $0.50 per bag.) Victor believes that there is a linear relationship between the number of bags sold and the price. Victor wants to price the bags of chips so that he will maximize his profits. Determine the price Victor should charge for a bag of chips. Use the equation P(x)=R(x)-C(x), where P(x) represents profit, R(x) represents revenue, and C(x) represents cost. Each is a function of the number of bags of chips sold, x. Round your answer to the nearest nickel.
Step-by-step explanation:
Victor runs a small sandwich shop. He decides to start offering bags of chips to his customers. He finds a supplier where he can buy chips for $0.30 per bag. Victor needs to determine how much to charge for the chips at his shop. He does some research by talking to other nearby sandwich shop owners. The table below shows their sales per week for two different prices. (The values are: 150 bags sold, for $1.00 per bag, and 350 bags sold, for $0.50 per bag.) Victor believes that there is a linear relationship between the number of bags sold and the price. Victor wants to price the bags of chips so that he will maximize his profits. Determine the price Victor should charge for a bag of chips. Use the equation P(x)=R(x)-C(x), where P(x) represents profit, R(x) represents revenue, and C(x) represents cost. Each is a function of the number of bags of chips sold, x. Round your answer to the nearest nickel.
