Answer: The rate of change in the value of the guitar is modeled by 0.95, which represents a decrease of 5% per year.
Step-by-step explanation:
Hi, to answer this question we have to apply an exponential decay function:
A = P (1 - r) t
Where:
p = original price
r = decrease rate (decimal form)
t= years
A = price after t years
Replacing with the values given:
A(t)=145(0.95)t.
Where
0.95 = 1-r
0.95-1 = r
-0.05 =-r
0.05 =r
Converting to percentage form:
0.05 x 100 = 5%
Feel free to ask for more if needed or if you did not understand something.
Step-by-step explanation:
Answer:
The selection probability to be assigned to each of the package designs is 0.20
Step-by-step explanation:
Firstly, we need to assume that one design is just as likely to be selected by a consumer as any other design
so the probability of selecting any of the design is same and that is 1/5 = 0.20
Thus, what we are trying to say is that each of the package designs have an equal selection probability of 0.20
Answer:
$8.20
Step-by-step explanation:
0.70*4=2.80
1.80*3=5.40
5.40+2.80=8.20
$8.20
Answer:
2 1.2 and -2 1/2
Step-by-step explanation:
