Answer: D. The price is likely to decrease.
Explanation: Supply and Demand, when a product is in high demand, which means a lot of consumers want it then companies can raise the price on it. When its in low demand then they have to decrease the price in order for that product to sell.
Answer:
√10
Step-by-step explanation:
√(x2-x1)^2+(y2-y1)^2=√10
The complete question is;
Five people buy individual insurance policies. According to the research, the probability of each of these people not filing a claim for at least 5 years is 2/3.
The probability that all 5 have not filed a claim after 5 years is A: 0.132 B: 0.868 C: 1 , and the probability that exactly 3 will have filed a claim after 5 years is A: 0.016 B: 0.033 C: 0.067
Answer:
1) P(all 5 file no claim after 5 years) = 0.132
2) P(exactly 3 file claim after 5 years) = 0.033
Step-by-step explanation:
1) we are told that the probability of each of these people not filing a claim for at least 5 years is 2/3.
Thus, for all 5 of them,
The probability will be;
P(all 5 file no claim after 5 years) = (2/3)^5 = 0.1317 ≈ 0.132
2) since probability of each not filing a claim for last 5 years = 2/3
Then probability of each filing a claim after 5 years = 1 - 2/3 = 1/3
So, P(exactly 3 file claim after 5 years) = (1/3)^3 ≈ 0.037.
The closest answer is 0.033.
The angle is sin inverse 0.3535 which is around 21 degrees
Let's solve for h
hx = 0.5x - 9
Step 1: Divide both sides by x.
hx/x = 0.5x - 9/ x
Answer = h = 0.5x - 9/ x
