Warranty repair costs
Shipping costs
Sales commission
Let us see how many cars had both of these 2 extras; since there were 78 cars with air conditioning and 56 with airconditioning only, we get that there were 22 cars with both of these features (automatic transmission/ air conditioning). If we add the cars that had only AC and the cars that had only AT, as well as the cars that had both, we get all the cars that satisfy the described event. This is equal to 56+46+22=124. Thus, the probability is given by 124/136=91.2%.
We could also claim that since 12 of the cars do not have any of the features, any of the remaining 136-12 cars would have at least one feature; hence the probability would be given by (136-12)/136 and we have obviously the same result.
Answer:
Option (c) is correct.
Explanation:
The production possibility frontier is a graphical representation of combination of two different goods that an economy can produce with the limited available resources. All the points on the production possibility frontier curve represents efficient allocations and all the points below that curve are inefficient.
All the points above this curve are unattainable or we can say that combination are not affordable for the economy.
Answer:
Framing effects.
Explanation:
Framing effect in psychology is the cognitive bias whereby an individual makes decisions based more on the information presented than on one's own choice. In other words, when someone makes a decision that is influenced more by the effects of the information on others than on one's own opinions.
In the given scenario, Josh's decision to have tiramisu only when others are having dessert and not if he would be the only one having dessert is affected by the framing effect. This is because his decision is influenced by the way others behave rather than his desire to eat even his favorite dessert.
Thus, the correct answer is the framing effect.
Answer:
a) 115 students
b) 110 students
Explanation:
Let x represent the total number of students.
56% examines failed in Science, hence 0.56 examines failed in Science. 54% examines failed in Nepali hence 0.54x examines failed in Nepali. 25 students fail in both the subject and none passed in both subjects, hence:
(0.54x - 25) + (0.56x - 25) + 25 = x
0.54x + 0.56x -x = 25 + 25 - 25
0.1x = 25
x = 250 students
a) The number of examines who failed in Science only = 0.56x - 25 = (0.56 * 250) - 25 = 115
b) The number of examines who failed in Nepali only = 0.54x - 25 = (0.54 * 250) - 25 = 110