Answer:
Just here for points XD.
Step-by-step explanation:
Answer:
μ = 1 The firm expects that one oil exploration will be successful.
v(x)= 0.9
Step-by-step explanation:
The first step is to define the random variable x as:
x: number of oil explorations being succesful
Then x can be take this values:
x = 0 , x =1 ... x =10
x is a binomially distributed random variable with parameters.
p = 0.1 and n=10
And the mean or the expected value of x is:
μ = E(x) = np
Then μ = 10*0.1 = 1
And the variance of x is:
V(x) = np(1-p)
V(x) = 10(0.1)(1-0.1)= 0.9
Answer:
$909.50
Step-by-step explanation:
$850 x 7% = $59.50 (tax amount)
850 x (1+ 0.07) = $909.50
Answer:
169 Pounds
Step-by-step explanation:
...
I think you may have already asked this.. but the answer is continuous. Hope that helps!!
