Answer:
0.4
Step-by-step explanation:
Given:-
- The uniform distribution parameters are as follows:
a = $10,000 b = $15,000
Find:-
Suppose you bid $12,000. What is the probability that your bid will be accepted?
Solution:-
- We will denote a random variable X that defines the bid placed being accepted. The variable X follows a uniform distribution with parameters [a,b].
X ~ U(10,000 , 15,000)
- The probability of $12,000 bid being accepted can be determined by the cdf function of the uniform distribution, while the pmf is as follows:
Pmf = 1 / ( b - a )
Pmf = 1 / ( 15,000 - 10,000 )
Pmf = 1 / ( 5,000 )
Answer:
a) 50,000 + 2x > 70,000
Step-by-step explanation:
Mrs. Lobo has an annual salary of $50000 per year plus 4% commission on her sales.
If she makes $y commission from sales, Mrs Lobo total income per year is:
$50000 + $y.
She makes 4% commission on her sales of share with the average price of a share = $50
Average commission from sales = 4% × $50 = 0.04 × 50 = $2
If she sales x shares in a year, her commission would be $2x for the year. Therefore her total income for that year would be:
50000 + 2x
The amount of shares Mrs Lobbo must sell to make an annual income of at
least $70,000 is given by the inequality:
50,000 + 2x > 70,000
If you're asking for the measurements, they are...
Length (l) = 4 ft.
Width (w) = 4 ft.
Height (h) = 4 ft.
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The answer is C! Sorry if u get it wrong or I’m too late
