Answer:
I'm not an expert here, this is a best guess!
But I would say if there is no chance that of him incurring excess costs of less than $500, then he knows without insurance he'll end up paying at least $500, possibly more out of pocket, without the insurance.
so I would say He ends up spending the least amount out if pocket by going with option A. for $75. that's $75 out of pocket with no deductible and it covers his $500+ in excess costs....B and C would also cover the excess, but would each cost $140 or $275 out of pocket at the end of the day....
with that being said, I'd say it's worth it to buy the insurance....even if he doesn't have any excess costs, he's spent $75 dollars for the peace of mind to know he's covered either way, and if he does incur the excess costs he's spent $75 rather that $500+....Even if the excess charges are only $100, which it says there is no chance of happening, but still, then he's still saved $25 altogether. Unless I'm reading it wrong, Option A saves him the most money either way, and is worth it to buy the insurance!
Answer:7
Step-by-step explanation:
A) x= -21/-3
= 7 answer
Answer:
98.1% chance of being accepted
Step-by-step explanation:
Given:
sample size,n=56
acceptance condition= at most 2 batteries do not meet specifications
shipment size=7000
battery percentage in shipment that do not meet specification= 1%
Applying binomial distribution
<h3>P(x)=∑ᵇₐ=₀ (n!/a!(n-a)!)p^a (1-p)^(n-a)</h3>
In this formula, a is the acceptable number of defectives;
n is the sample size;
p is the fraction of defectives in the population.
Now putting the value
a= 2
n=56
p=0.01
=0.56960+0.32219+0.08949
After summation, we get 0.981 i.e. a 98.1% chance of being accepted. As this is such a high chance, we can expect many of the shipments like this to be accepted!
Answer:
A. {16}
Step-by-step explanation:
1/4 = x^-1/2
We have the exponent rule a^-1 = 1/a^1
Applying the rule, we get
1/4 = 1/x^1/2
x^1/2 = √x
1/4 = 1/√x
Now let's cross multiplying, we get
√x = 4
Taking square on both sides, we get
x = 16
The answer: A. {16}
Hope this will helpful.
Thank you.
