It should be noted that the mean and the standard deviation of the data given in will be 4.26 and 1.1011 respectively.
<h3>How to solve
the mean.</h3>
From the complete information, the mean will be calculated as:
= (0.02 × 1) + (0.09 × 2) + (0.12 × 3) + (0.15 × 4) + (0.62 × 5)
E(X) = 4.26
The standard deviation will be calculated thus:
E(X²) = (0.02 × 1²) + (0.09 × 2²) + (0.12 × 3²) + (0.15 × 4²) + (0.62 × 5²)
E(X²) = 19.36
The standard deviation will then be the difference between the square root of 19.36 and 4.26². This will be 1.1011.
The expected profit of the company will be:
= 0.75 × E(X)
= 0.75 × 4.26
= $3.20
The mean of the total number of binders purchased will be:
= 4.26 + 2.74 = 7
The standard deviation will be 1.6658.
Lastly, the total expected profit will be:
= 0.75E(X) + 1.45E(Y)
= 0.75(4.26) + 1.45(2.74)
= 3.195 + 3.973
= 71.68
Learn more about standard deviation on:
brainly.com/question/24298037
Answer:
Imfaooooooo
Step-by-step explanation:
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Tom and Martin worked <u>9 hours</u> this week.
These are their hourly wages:
Tom: $2.15
Martin: $2.50
This means that:
Tom earned 9 x $2.15 in wages, which is equal to $19.35.
Martin earned 9 x $2.50 in wages, which is equal to $22.50.
--------------------
Now, we've been told that Tom and Martin sold $360 worth
of meals but we were not told how much they received in tips.
For all intents and purposes, let's say that they received $n
in tips. 15% of $n in tips would be less than 20% of $n
in tips. Now, Martin is already going to be receiving a higher
wage, and the fact that he is going to be receiving 20% of
$n in tips compounds the logical conclusion that at the end
of the week, he'd be leaving work with more money than Tom.
Answer:
Martin made more money than Tom.
126 students like football :)
The ratio of wilma/teddy is 6/5 , if teddy has X then she has 21+X so you can solve X in this equation 6/5 = (21+x)/x
