Answer:
The probability that Scott will wash is 2.5
Step-by-step explanation:
Given
Let the events be: P = Purple and G = Green
Required
The probability of Scott washing the dishes
If Scott washes the dishes, then it means he picks two spoons of the same color handle.
So, we have to calculate the probability of picking the same handle. i.e.
This gives:
<em>Note that: 1 is subtracted because it is a probability without replacement</em>
So, we have:
Answer:
3
Step-by-step explanation:
3 pounds were picked per hour
Answer:
you would multiply the price by .20
Step-by-step explanation:
example:
20% of $160
sale, 20% off
160 x .20 = 32
$32 is 20% of $160, $128 is the sale price
Answer:
10
Step-by-step explanation:
Answer:
Avicenna can expect to lose money from offering these policies. In the long run, they should expect to lose ___33__ dollars on each policy sold
Step-by-step explanation:
Given :
The amount the company Avicenna must pay to the shareholder if the person die before 70 years = $ 26,500
The value of each policy = $497
It is given that there is a 2% chance that people will die before 70 years and 98% chance that people will live till the age 70.
The expected policy to be sold= policy nominal + chances of death
= 497 + [98% (no pay) + 2% (pay)]
= 497 + [98%(0) + 2%(-26500)]
(The negative sign shows that money goes out of the company)
= 497 - 2% (26500)
= 497 - 530
=33
Therefore the company loses 33 dollar on each policy sold in the long run.
