Answer:
b) 0.0007
c) 0.4163
d) 0.2375
Step-by-step explanation:
We are given the following:
We treat securities lose value as a success.
P(Security lose value) = 70% = 0.7
Then the securities lose value follows a binomial distribution, where
where n is the total number of observations, x is the number of success, p is the probability of success.
Now, we are given n = 20.
a) Assumptions
- There are 20 independent trials.
- Each trial have two possible outcome: security loose value or security does not lose value.
- The probability for success of each trial is same, p = 0.7
b) P(all 20 securities lose value)
We have to evaluate:
0.0007 is the probability that all 20 securities lose value.
c) P(at least 15 of them lose value.)
d) P(less than 5 of them gain value.)
P(gain value) = 1 - 0.7 = 0.3
The answer would be 7. Another way to think of it is subtract 40-33. That gets you 7.
Profit = paid - supplies
Plug in the given values. We are finding out how much money he needs per room, if he is doing 4 rooms, and subtracting the supplies: 300 = 4n - 4*32.50
Simplify: 300 = 4n - 130
Add 130 to each side. 430 = 4n
Divide by 4 on each side: 107.50= n
300 = 4(107.50) - 130? True
This tells us he must be paid $107.50 to make $300 exactly. Anything larger than $107.51 and up will make more than $300.
Answer:
The median is the middle number in a sorted, ascending or descending, list of numbers and can be more descriptive of that data set than the average. ... If there is an odd amount of numbers, the median value is the number that is in the middle, with the same amount of numbers below and above.
Step-by-step explanation:
Answer:
the number before the first variable (first term)
Step-by-step explanation:
this appears to be an incomplete question. The numerical coefficient of a term is the number before the variable.
the constant is the number without a variable.
