last year a business had profits of $8000 this year it will have 5 times as great what are this yours profits
1 answer:
We have been given that last year, the business had profit of $8000.
Further, we are given that, the profit for this year will be 5 times as great the profit of last year. So, in order to find profit of current year, we will have to consider 5 times of $8000.
Therefore, we get the profit for current year as:
Therefore, profit for current year would be 40,000 dollars.
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The required probability is 0.171.
What is probability?
Probability means possibility. It is a branch of mathematics that deals with the occurrence of a random event. The value is expressed from zero to one.
We can find required Probability as shown:
From 10 coins we choose 7 he guessed correct with probability of each 1/2. For three remaining coins he failed to predict the outcomes of the flip with the probability of 1/2 for each. Similarly for 8,9 or 10 successive trials. Let X denote number of successive trials
=0.171
Hence, the required probability is 0.171.
Learn more about Probability here:
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Given question is incomplete. This is complete question:
A man claims to have extrasensory perception. As a test, a fair coin is flipped 10 times and the man is asked to predict the outcome in advance. He gets 7 out of 10 correct. What is the probability that he would have done at least this well if he had no ESP?