What are the coordinates of B if (5,3) is 1/3 of the way from A to B
1 answer:
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Answer:
(a) $12,000. It is reasonable since profit is positive
(b) $6,000
Step-by-step explanation:
(a) The promoter's expected profit is given by the product of his potential earnings by the probability that it does not rain, minus the product of his potential losses by the probability of rain:
The promoter's expected profit is $12,000, it is a reasonable criterion since profit is positive.
(b) An insurance company should charge the product of the full potential losses by the probability of rain:
An insurance company should charge $6,000.
Diving the length AB into equal parts gives;
The number of equal parts obtained by counting are 8
Coordinates of point <em>A</em> is (2, 4)
Coordinates of point <em>B </em>is (10, 6)
Therefore;
Coordinates of point <em>C</em> is
Coordinates of point <em>D</em> are;
Coordinates of point <em>E</em> are;
Coordinates of point F are;
Coordinates of point <em>H</em> are;
Coordinates of point <em>I</em> are;
Which gives;
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