How do you use equivalent rates in the real world?

Help please ill give 12 points for the right answer

Aneli [31]

It’s it four I think hope it helps

8 0

3 years ago

An insurance policy on an electrical device pays a benefit of 4000 if the device fails during the first year. The amount of the

lora16 [44]

Answer:

Expected benefit under this policy = $ 2694

Step-by-step explanation:

Given - An insurance policy on an electrical device pays a benefit of

4000 if the device fails during the first year. The amount of the

benefit decreases by 1000 each successive year until it reaches 0.

If the device has not failed by the beginning of any given year, the

probability of failure during that year is 0.4.

To find - What is the expected benefit under this policy ?

Proof -

Let us suppose that,

The benefit = y

Given that, the probability of failure during that year is 0.4

⇒Probability of non-failure = 1 - 0.4 = 0.6

Now,

If the device fail in second year , then

Probability = 0.6×0.4

If the device fail in third year, then

Probability = 0.6×0.6×0.4 = 0.6² × 0.4

Going on like this , we get

If the device is failed in n year, then

Probability = 0.6ⁿ⁻¹ × 0.4

Now,

The probability distribution is-

Benefit , x 4000 3000 2000 1000 0

P(x) 0.4 0.6×0.4 0.6² × 0.4 0.6³ × 0.4 1 - 0.8704

(0.4) (0.24) (0.144) (0.0864) (0.1296)

At last year, the probability = 1 - (0.4+ 0.24+ 0.144+ 0.0864) = 1 - 0.8704

Now,

We know that,

Expected value ,

E(x) = ∑x p(x)

= 4000(0.4) + 3000(0.24) + 2000(0.144) + 1000(0.0864) + 0(0.1296)

= 1600 + 720 + 288 + 86.4 + 0

= 2694.4

⇒E(x) = 2694.4 ≈ 2694

∴ we get

Expected benefit under this policy = $ 2694

5 0

2 years ago

Help please if anyone knows

larisa86 [58]

Part A
To estimate this, we should first look at our fractions and see if they can be combined to form a whole number. In this case, $\frac{3}{5}$ and $\frac{2}{3}$ equal approximately 1. We can add this "1" to the other to full gallons to estimate that the painter needs about 3 gallons.

Part B
To find the exact amount, we should first change the mixed numbers to improper fractions. We do this by multiplying the denominator by the whole number, adding the numerator, and placing that value over the denominator.

$1 \frac{3}{5} \\ \\ (5*1)+3 =8 \\ \\ \frac{8}{5} \\ \\ \\ \\ 1 \frac{2}{3} \\ \\ (3*1)+2=5 \\ \\ \frac{5}{3} 
$

Now, we need to find the least common denominator. This is the lowest value that both denominators will divide evenly into. In this case, that number is 15.

Next, we should multiply both fractions so that the denominator is that number. Remember that we must also multiply the numerator for the fraction to remain equivalent to its original value.

$\frac{8}{5} *3 = \frac{24}{15} \\ \\ \frac{5}{3} *5 = \frac{25}{15}$

Now, we can simply add our numerators.

$25+24=49$

We know that he needs $\frac{49}{15}$ gallons of paint, but this is not in the most simplified format. To simplify, we need to turn our improper fraction back to a mixed number. To do this, we need to divide our numerator by the denominator to create our whole number, and the remainder becomes our new numerator.

$\frac{49}{15} \\ \\ 49 / 15 = 3(Remainder: 4) \\ \\ 3\frac{4}{15}$

Using that logic, we can see that the painter needs exactly $3 \frac{4}{15}$ gallons of paint.

4 0

2 years ago

-3 + 5n > -13 i need help on this someone please help

Butoxors [25]

Answer:

n > -2

Step-by-step explanation:

5n > -10

n > -2

8 0

2 years ago

Read 2 more answers

Im still not sure, can someone help me?

viktelen [127]

Answer: 9 associate property 8 commutative property

Step-by-step explanation:

8 0

3 years ago