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3 years ago

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Felipe is saving money for a class trip. He already has saved \$250$250dollar sign, 250 that he will put toward the trip. To sav

e more money for the trip, Felipe gets a job where each month he can add \$350$350dollar sign, 350 to his savings for the trip. Let mmm be the number of months that Felipe has worked at his new job. If Felipe needs to save \$2700$2700dollar sign, 2700 to go on the trip, which equation best models the situation?

1 answer:

grin007 [14]3 years ago

7 0

Answer:250+350m=270 because he adds 250 and each monthhe keeps constantly adding 350 dollars so this equation will help you answer your question hope iit helps

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a) 27.89% probability that two have ever boycotted goods for ethical reasons

b) 41.81% probability that at least two respondents have boycotted goods for ethical reasons

c) 41.16% probability that between 3 and 6 have boycotted goods for ethical reasons

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Step-by-step explanation:

We use the binomial probability distribution to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

$P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}$

In which $C_{n,x}$ is the number of different combinations of x objects from a set of n elements, given by the following formula.

$C_{n,x} = \frac{n!}{x!(n-x)!}$

And p is the probability of X happening.

23% of the respondents have boycotted goods for ethical reasons.

This means that $p = 0.23$

a) In a sample of six British citizens, what is the probability that two have ever boycotted goods for ethical reasons?

This is P(X = 2) when n = 6. So

$P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}$

$P(X = 2) = C_{6,2}.(0.23)^{2}.(0.77)^{4} = 0.2789$

27.89% probability that two have ever boycotted goods for ethical reasons

b) In a sample of six British citizens, what is the probability that at least two respondents have boycotted goods for ethical reasons?

Either less than two have, or at least two. The sum of the probabilities of these events is decimal 1. So

$P(X < 2) + P(X \geq 2) = 1$

$P(X \geq 2) = 1 - P(X < 2)$

In which

$P(X < 2) = P(X = 0) + P(X = 1)$

$P(X = 0) = C_{6,0}.(0.23)^{0}.(0.77)^{6} = 0.2084$

$P(X = 1) = C_{6,1}.(0.23)^{1}.(0.77)^{5} = 0.3735$

$P(X < 2) = P(X = 0) + P(X = 1) = 0.2084 + 0.3735 = 0.5819$

$P(X \geq 2) = 1 - P(X < 2) = 1 - 0.5819 = 0.4181$

41.81% probability that at least two respondents have boycotted goods for ethical reasons

c) In a sample of ten British citizens, what is the probability that between 3 and 6 have boycotted goods for ethical reasons?

Now n = 10.

$P(3 \leq X \leq 6) = P(X = 3) + P(X = 4) + P(X = 5) + P(X = 6)$

$P(X = 3) = C_{10,3}.(0.23)^{3}.(0.77)^{7} = 0.2343$

$P(X = 4) = C_{10,4}.(0.23)^{4}.(0.77)^{6} = 0.1225$

$P(X = 5) = C_{10,5}.(0.23)^{5}.(0.77)^{5} = 0.0439$

$P(X = 6) = C_{10,6}.(0.23)^{6}.(0.77)^{4} = 0.0109$

$P(3 \leq X \leq 6) = P(X = 3) + P(X = 4) + P(X = 5) + P(X = 6) = 0.2343 + 0.1225 + 0.0439 + 0.0109 = 0.4116$

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d) In a sample of ten British citizens, what is the expected number of people that have boycotted goods for ethical reasons? Also find the standard deviation.

$E(X) = np = 10*0.23 = 2.3$

$\sqrt{V(X)} = \sqrt{np(1-p)} = \sqrt{10*0.23*0.77} = 1.33$

The expected number is 2.3 and the standard deviation is 1.33.

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Step-by-step explanation:

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