A customer purchases a pair of jeans and a few shirts. Each shirt costs the same amount. The expression 60 + 20x represents the
cost before tax. What do the different parts of the expression model? Drag the parts of the expression into the boxes to match each description.
Cost of jeans=
total cost of the shirts=
(I think that 60 represents the price for the jeans and 20x represents the shirts)
Cost of jeans=
total cost of the shirts=
(I think that 60 represents the price for the jeans and 20x represents the shirts)
2 answers:
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Answer:
a) 0.3571 = 35.71% probability that the stock price will be more than $25.
b) 0.1429 = 14.29% probability that the stock price will be less than or equal to $18.
Step-by-step explanation:
Uniform probability distribution:
An uniform distribution has two bounds, a and b.
The probability of finding a value of at lower than x is:
The probability of finding a value between c and d is:
The probability of finding a value above x is:
Uniformly distributed between $16 and $30 per share.
This means that
a) More than $25?
0.3571 = 35.71% probability that the stock price will be more than $25.
b) Less than or equal to $18?
0.1429 = 14.29% probability that the stock price will be less than or equal to $18.