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Oksanka [162]
3 years ago
5

A company that manufactures toothpaste is studying five different package designs.Assuming that one design is just as likely to

be selected by a consumer as any other design, what selection probability would you assign to each of the package designs (to 2 decimals)
Mathematics
1 answer:
otez555 [7]3 years ago
6 0

Answer:

The selection probability to be assigned to each of the package designs is 0.20

Step-by-step explanation:

Firstly, we need to assume that one design is just as likely to be selected by a consumer as any other design

so the probability of selecting any of the design is same and that is 1/5 = 0.20

Thus, what we are trying to say is that each of the package designs have an equal selection probability of 0.20

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Kristen invests $ 5745 in a bank. The bank 6.5% interest compounded monthly. How long must she leave the money in the bank for i
podryga [215]

Answer:

1. 10.7 years

2. 17.0 years

3. 2nd option

Step-by-step explanation:

Use formula for compounded interest

A=P\cdot \left(1+\dfrac{r}{n}\right)^{nt},

where

A is final value, P is initial value, r is interest rate (as decimal), n is number of periods and t is number of years.

In your case,

1. P=$5745, A=2P=$11490, n=12 (compounded monthly), r=0.065 (6.5%) and t is unknown. Then

11490=5745\cdot \left(1+\dfrac{0.065}{12}\right)^{12t},\\ \\2=(1.0054)^{12t},\\ \\12t=\log_{1.0054}2,\\ \\t=\dfrac{1}{12}\log_ {1.0054}2\approx 10.7\ years.

2. P=$5745, A=3P=$17235, n=12 (compounded monthly), r=0.065 (6.5%) and t is unknown. Then


17235=5745\cdot \left(1+\dfrac{0.065}{12}\right)^{12t},

3=(1.0054)^{12t},

12t=\log_{1.0054}3,

t=\dfrac{1}{12}\log_{1.0054}3\approx 17.0\ years.

3. <u>1 choice:</u> P=$5745, n=12 (compounded monthly), r=0.065 (6.5%), t=5 years and A is unknown. Then

A=5745\cdot \left(1+\dfrac{0.065}{12}\right)^{12\cdot 5},\\ \\A=5745\cdot (1.0054)^{60}\approx \$7936.39.

<u>2 choice:</u> P=$5745, n=4 (compounded monthly), r=0.0675 (6.75%), t=5 years and A is unknown. Then

A=5745\cdot \left(1+\dfrac{0.0675}{4}\right)^{4\cdot 5},\\ \\A=5745\cdot (1.0169)^{20}\approx \$8032.58.

The best will be 2nd option, because $8032.58>$7936.39

5 0
3 years ago
Read 2 more answers
Jared has a wooden board 11 ft long. He wants to cut it into two pieces so that the longer piece (y) is 4 ft less than 4 times t
patriot [66]

Answer:

the answer is x + y = 11 and y = 4x - 4

8 0
2 years ago
All functions have a domain and a range.<br> True<br> False
Elza [17]

Answer:

True

Step-by-step explanation:

The definition of the function is a relation with exactly one x for each y. x is the domain, and y is the range, so all functions have a domain and a range.

6 0
3 years ago
A train travels 220 miles in 4 hours. What is the train's speed in feet per minute?
Katena32 [7]
220 miles in 4 h = 55 mph multiply this by 5280 to get feet per hour then divide this by 60 to get ft/min


7 0
3 years ago
Read 2 more answers
Which explanation correctly tells whether these ratios are equivalent and why?
Reptile [31]
<h3><u>Answer:</u></h3>

<u>Option A (Yes because 3 x 2 = 6 and 14 x 2 = 28.) is correct.</u>

<h3><u>Step-by-step explanation:</u></h3>

<u>This is because if we simplify 3/6 and 14/28, both of them will get 1/2. This means that only A and C are possible.</u>

  • => Option A is correct because 3 x 2 does equal 6 and 14 x 2 does equal 28.
  • => Option C is incorrect because 3 x 5 does not equal 14 and 6 x 5 does not equal 28.

Hoped this helped.

BrainiacUser1357

6 0
2 years ago
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