Answer: Our required equation would be
Step-by-step explanation:
Since we have given that
Amount that Anderson earns per hour = $6
According to question, Anderson earns $1 more than half of Carey's hourly rate.
Let the hourly rate of Carey be 'c'.
So, it becomes,
And the value of c would be
Hence, our required equation would be
Answer: The required probability is 0.3456.
Step-by-step explanation:
Since we have given that
Probability of winning at any given time = 0.6
Probability of losing at any given time = 1-0.6 = 0.4
Number of total matches = 5
Number of won matches = 3
So, using "Binomial distribution", we get that
Hence, the required probability is 0.3456.