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Novosadov [1.4K]
3 years ago
13

For a continuous random variable X, P(28 ≤ X ≤ 76) = 0.22 and P(X > 76) = 0.10. Calculate the following probabilities. (Leave

no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places.)
Business
1 answer:
marishachu [46]3 years ago
8 0

Answer:

Answer for the question:

is given below.

Explanation:

1. P ( X < 76 ) = 1 - P ( X > 7 6 ) = 1 - 0 . 1 0 = 0 . 9 0  

2. P ( X < 2 8 ) = 1 - P ( X > = 2 8 ) = 1 - P ( 2 8 < = X < = 7 6 ) - P ( X > 7 6)

= 1 - 0 . 2 2 - 0 . 1 = 0 . 6 8

3.  P ( X = 7 6 ) = 0   because  in  case  of  continuous  probability ,  probability of  finding  a  particular  value  is  close  to  zero

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Basile [38]

Answer:

The answer is D

Explanation:

Product A is a variable cost because variable cost(inputs) increases(decreases) with increase (decrease) units(output).

Whereas for product B;

Though, fixed cost is fixed across all units of output but as the total output increases, the average fixed cost decreases because the same amount of fixed costs now cover a larger number of output produced.

6 0
3 years ago
When a person owes more on an item (like a car or house) than it is worth, the person is said to be _________ on the loan. secur
nikklg [1K]

When a person owes more on an item (like a car or house) than it is worth, the person is said to be <u>upside down</u> on the loan.

<h3><u>Describe an upside-down loan.</u></h3>

You have an upside-down auto loan if you owe more money than the car is truly worth. You may need to make additional payments or modify your insurance coverage in order to prevent being upside-down on your loan or, at the very least, to shorten the amount of time you are in this perilous financial situation.

When you owe more on a car loan than the vehicle is worth, the loan is considered upside-down. If your car is worth $12,000 but your loan total is $15,000, for instance, your loan would be in the negative. You have $3,000 in negative equity in this situation.

It's not always a problem to have an outstanding auto loan. If you don't intend to sell your car, you can make loan payments until the balance is paid off. It won't affect the way you communicate with your lender.

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6 0
2 years ago
Volvo is a well-known quality manufacturer of cars, trucks, and suvs. volvo dealers also provide financing to their customers. t
babymother [125]
I think the correct term to fill in the blank would be mix. A product mix is the all of the products or services lines being offered by a company. The cars, trucks, financing services and the like are all product lines that make up the product mix of Volvo.
8 0
3 years ago
Van Frank Telecommunications has a patent on a cellular transmission process.
Sonbull [250]

Answer:

Van Frank Telecommunications

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Debit Amortization Expense - Patent $4,400,000

Credit Accumulated Amortization-Patent $4,400,000

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Explanation:

Data and Calculations:

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