Suppose the time to process a loan application follows a uniform distribution over the range 77 to 1515 days. What is the probab
ility that a randomly selected loan application takes longer than 1414 days to process
1 answer:
Answer:
The probability is approximately 0.2222
Step-by-step explanation:
The correct question is as follows;
Suppose the time to process a loan application follows a uniform distribution over the range 7 to 15 days. What is the probability that a randomly selected loan application takes longer than 14 days to process
Please check attachment for solution to question
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The smaller number is 15 and larger number is 36.
Step-by-step explanation:
Let,
Smaller number = x
Larger number = y
According to given statement;
The sum of two numbers is 51.
x+y = 51 Eqn 1
Four times the smaller number is 24 more than the larger number.
4x = y+24
4x - 24 = y
y = 4x-24 Eqn 2
Putting value of y from Eqn 2 in Eqn 1
Dividing both sides by 5
Putting x=15 in Eqn 2
The smaller number is 15 and larger number is 36.
Keywords: linear equation, substitution
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Answer:
Step-by-step explanation:
From Bayes' theorem is stated mathematically as the following equation:[2]
{\displaystyle P(A\mid B)={\frac {P(B\mid A)\,P(A)}{P(B)}},}
where A and B are events and P(B) ≠ 0.
P(A) and P(B) are the probabilities of observing A and B without regard to each other.
P(A | B), a conditional probability, is the probability of observing event A given that B is true.
P(B | A) is the probability of observing event B given that A is true.
At this point, go through the attached file before you continue with part B.
Part B)
P(silver) = P(silver from SS)+P(silver from GS)
note P(SS)=P(GG)=P(GS) = 1/3
P(silver from SS) = 1
P(silver from GS) = 1/2
hence
P(Silver from SS) = 1/3
P(Silver from GS) = 1/3 *1/2
P(Silver) = 1/3*1+1/3*1/2
required probability = P(Silver from SS)/P(Silver) = 2/3
