Answer:
15/100 x 700 = 105
Step-by-step explanation:
Consider 15% as 15 because you always consider a percent out of 100, you can remember by the word 'cent' meaning 100.
You need to FIRST find out what the percentage is OF whenever coming across these types of problems.
And the keyword 'of' means to multiply.
The exponential distribution is:

where

The probability we want is how likely will a dvd player last more than 8 years, given it has already lasted 5 years
To find this, you use conditional probability.

where A is P(x>8) and B is P(x>5)
To find these probabilities, integrate over the distribution:

Sub into conditional probability formula:

Final Answer: Given a dvd player is more than 5 years old, the probability that it will last another 3 more years is about 54.9%
Answer:
Option B will be cheaper.
Step-by-step explanation:
Option A:
1.99*80=159.20
Option B:
5.99*24=143.76
*you get 24 becasue there are 24 months in 2 years.