Answer:
See below
Step-by-step explanation:
images attached showing all working
a) The possible values of X are as follows
X = {0,1,2,3,4}
P(x) = P(X=x)
b) The cdf in this case, as in the F(x), comes out to be a step function graph on the basis of values obtained from the probability mass function.
c) To find out the probability when more women are interviewed than me, add together the matrices from when value of X is equal to 2, 3 and 4 (from part a).
9514 1404 393
Answer:
a) see the attached spreadsheet (table)
b) Calculate, for a 10-year horizon; Computate for a longer horizon.
c) Year 13; no
Step-by-step explanation:
a) The attached table shows net income projections for the two companies. Calculate's increases by 0.5 million each year; Computate's increases by 15% each year. The result is rounded to the nearest dollar.
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b) After year 4, Computate's net income is increasing by more than 0.5 million per year, so its growth is faster and getting faster yet. However, in the first 10 years, Calculate's net income remains higher than that of Computate. If we presume that some percentage of net income is returned to investors, then Calculate may provide a better return on investment.
The scenario given here is only interested in the first 10 years. However, beyond that time frame (see part C), we find that Computate's income growth far exceeds that of Calculate.
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c) Extending the table through year 13, we see that Computate's net income exceeds Calculate's in that year. It continues to remain higher as long as the model remains valid.
Because it is extremely hard to find the area of this figure all together, it would be in our best interest to split this figure up into three different pieces: the two horizontal rectangles, and the verticle rectangle. We can find the area of all three and add them up. Be aware that there are two different ways that you can break this figure up, As shown in the attachments. I will be using the first image (the one with the tall horizontal rectangles, NOT the almost-squares).
So, we see that we have enough information to solve for the area of the left-most rectangle. Area = lw. 10 x 4 = 40, so the area is 40. Next, we have to notice, that the horizontal rectangles are also the same, so both of the areas of the two horizontal rectangles are 40.
Now, we can find the middle rectangle. We know that the length of the entire thing is 18, but it is taken up by 8 (4+4) of the horizontal triangles, so 18-8=10, so the length Is 10. We also know that the height of the horizontal rectangles is 10, so 10-3=7. Our dimensions for the rectangle are 10x7 or 70 square units. If we add them all together, 40+40+70=150.
The area is 150 square units
