The meat would end up costing $35 because you want to multiply 
Answer:
Step-by-step explanation:
Mower A: 3.25 / 0.3 = 10.83
Mower B: 3.75 / 0.15 = 25
Mower C: 4.25 / 0.24 = 17.71
Mower D: 5.50 / 0.18 = 30.50
Answer: D :)
The point is to find the growth rate. The compound formula is:
P=A(1+ growth rate)ⁿ, where A is the initial Value & P the new value after n years:
P₂₀₀₃ =P₂₀₀₂ (1+ growth rate)¹ (the period "n" from 2002 to 2003 being 1 year)
38400 = 32000(1+growth rate)¹
38400 / 32000 - 1= growth rate & growth rate = 1/5 = 0.2
You will balso find the same growth rate for:
P₂₀₀₄ = P₂₀₀₃(1+ growth rate)¹
P₂₀₀₅ = P₂₀₀₄((1+ growth rate)¹
between 2015 & 2002 THERE ARE 14 YEARS:
P₂₀₁₅ = P₂₀₀₂(1+0.2)¹⁴ & P₂₀₁₅ = 32000(1+02)¹⁴ = 410,854
The number of companies is quite large. That is, n is quite large.
The probability that a company declares bankruptcy is quite small , p is quite small.
np = the mean number of bankruptcies = 2 = a finite number.
Hence we can apply Poisson distribution for the data.
P (x=5 | mean =2) = e-2 25/5! = e-2 * 32/120 = 0.036089
Alternatively
=poisson(5,2,0) = 0.036089
P(x≥ 5 | mean =2) = 1- P( x ≤ 4) = 1- e-2 (1+2+22/2!+23/3!+24/4!)= 1-e-2 (1+2+2+8/6+16/24)= 1-e-2(7)
=0.052653
Alternatively
= 1- poisson(4,2,1) =0.052653
P(X > 5 | mean =2) = 1- p(x
≤ 5) =1- e-2 (1+2+22/2!+23/3!+24/4!+25/5!)= 1-e-2(7+4/15)
=0.016564
alternatively=1-poisson(5,2,1)
=0.016564
Answer
B is the answers
Step-by-step explanation:
