Hello!

To find the percent tax, use the equation:

Substitute in the given values:

Multiply by 100 to find the percent tax:

Answer:
A. They will pay more with the new price plan.
B. The new price plan would be cheaper.
Step-by-step explanation:
A. They will pay more with the new price plan.
For the current price plan, you would add the $3 rent to the two games (which are $4 each). This basically means:
$3 + $4 + $4 = $11
For the new price plan, you would add the $11 rent to the two games (which are $2 each). This basically means:
$11 + $2 + $2 = $15
Therefore, you pay more for the new price plan.
B. Using similar logic as part A, the current price plan 7 games would cost:
$3 + [7 x ($4)] = $31 (multiply by 7 since they play 7 games)
For the newprice plan, 7 games would cost:
$11 + [7 x ($2)] = $25 (multiply by 7 since they play 7 games)
Therefore, the new price plan would be cheaper.
Hope this helps :)
This is a binomial distribution with n = 5, p = 0.55, q = 1 - 0.55 = 0.45, x = 0, 1, 2, 3
P(x) = nCx p^x q^(n - x)
P(x ≤ 3) = 1 - P(x > 3) = 1 - [P(4) + P(5)]
P(4) = 5C4 x (0.55)^4 x (0.45) = 0.2059
P(5) = 5C5 x (0.55)^5 x 1 = 0.0503
P(x ≤ 3) = 1 - (0.2059 + 0.0503) = 1 - 0.2562 = 0.7438