Im so confused with algebraic expressions I'm struggling a lot
1 answer:
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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.
Answer:
The sum of the money shared is $1372
Step-by-step explanation:
The given ratio is
Albert:Michael:Moses=3:5:6
The total ratio is 3+5+6=14
Let the sum of money shared be $x.
Then Albert's share = 3/14 x = 3
/ 14
Michal's Share = 5x/14
If Michael received $196 more than Albert, then the difference between their share is the $196.