Wich is bigger 85/ 100 or 21/ 25
1 answer:
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Answer:
Step-by-step explanation:
Given that twenty-three percent of automobiles are not covered by insurance (CNN, February 23,2006).
considering the total number of vehicles, probability for a randomly drawn vehicle not covered by insurance = 0.23
Each vehicle can be treated as independent of the other
Hence X no of vehicles not covered by insurance is Binom with n = 35 and p - 0.23
a) the expected number of these automobiles that are not covered by insurance=E(x) =
b) the variance
=
Std dev = square root of variance = 2.4897
Using an exponential function, the inequality is given as follows:
The solution is t > 2.9, hence the tax status will change within the next 3 years.
<h3>What is an exponential function?</h3>A decaying exponential function is modeled by:
In which:
- A(0) is the initial value.
- r is the decay rate, as a decimal.
For this problem, the parameters are given as follows:
A(0) = 9400, r = 0.143.
The population after t years is modeled by:
The tax status will change when:
Hence the inequality is:
Then:
Since both logs are negative:
t > 2.9.
The solution is t > 2.9, hence the tax status will change within the next 3 years.
More can be learned about exponential functions at brainly.com/question/25537936
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