Answer:
Tank A is filling faster
Step-by-step explanation:
On the graph, You can see that the line of tank A is rising far faster than tank B.
There are a variety of methods of data collection. 2 examples include<span> observations, textual or visual analysis (eg from books or videos) and interviews (individual or group).</span>
Answer:
1. The expected pay-out on each policy is 250 * 1/90 + 12000 * 1/100 + 17000 * 1/400 = $165. So that's what the premium would have to be in order to get a profit of 0.
2. The profit per policy is the premium the company receives minus the expected payout = 350 - 165 = $185.
3. The expected profit on 375 policies would be 375 * 185 = $69375
Step-by-step explanation:
Answer: a) 0.9961, b) 0.9886
Step-by-step explanation:
Since we have given that
Probability that does not show up = 0.10
Probability that show up = 0.90
Here, we use "Binomial distribution":
n = 125 and p = 0.90
Number of passengers that hold in a flight = 120
a) What is the probability that every passenger who shows up can take the flight?
(b) What is the probability that the flight departs with empty seats?
Hence, a) 0.9961, b) 0.9886
We need to find LCM of the denominators
It is found to be 24
We get the fractions (4+9)/24= 13/24
