Answer:
2 1/3hrs→ $18.20
1 hr→ $7.80
5 1/4hrs→ $7.80x5 1/4= $40.95
Step-by-step explanation:
Answer:

And using the cdf we got:

Step-by-step explanation:
Previous concepts
The exponential distribution is "the probability distribution of the time between events in a Poisson process (a process in which events occur continuously and independently at a constant average rate). It is a particular case of the gamma distribution". The probability density function is given by:

And 0 for other case. Let X the random variable that represent the random variable of interest and we know that the distribution is given by:

We know the variance on this case given by :

So then the deviation is given by:

And if we solve for
we got:

The cumulative distribution function for the exponential distribution is given by:

Solution to the problem
And for this case we want to find this probability:

And using the cdf we got:

Answer:
18
Step-by-step explanation:
1/3 * 18 = 6 or 6/(1/3) = 18 or 6 * 3 =18
Let x be marked up price. We have been given that a chemistry set costing $27.50, marked up 32% on cost.



Therefore, mark up price is $8.80.
Since we know that selling price of any item equals the sum of cost and mark-up price of the item.
Let us find selling price of our chemistry set.

Therefore, the selling price of the chemistry set is $ 36.30.