The hourly wage increase each employee receives each year depends on their number of years of service. Every three years of serv
ice means an increase of $0.50 per hour. So, employees who have been with the company for less than three years can expect to receive an increase of $0.50 per hour. Employees who have been with the company for at least three years, but fewer than six years can expect an increase of $1.00. Employees who have been with the company for at six years, but fewer than nine years, receive an increase of $1.50 per hour. And, employees of at least nine years, but fewer than twelve years receive an increase of $2.00. Which of the following tables accurately represents the hourly wage increase for some of the employees?
1 answer:
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Answer:
a)
b)
And replacing we got:
c)
And adding we got:
Step-by-step explanation:
Previous concepts
The binomial distribution is a "DISCRETE probability distribution that summarizes the probability that a value will take one of two independent values under a given set of parameters. The assumptions for the binomial distribution are that there is only one outcome for each trial, each trial has the same probability of success, and each trial is mutually exclusive, or independent of each other".
Solution to the problem
Let X the random variable of interest, on this case we now that:
The probability mass function for the Binomial distribution is given as:
Where (nCx) means combinatory and it's given by this formula:
Assuming the following questions:
a. exactly five
For this case we can use the probability mass function and we got:
b. at least one
For this case we want this probability:
And we can use the complement rule and we got:
And replacing we got:
c. between four and six, inclusive.
For this case we want this probability:
And adding we got: