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4 years ago

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The probability that a company will launch the product A and B are 0.45 and 0.60 respectively, in main while, probability that b

oth products launched, is 0.35. what is the probability that Neither will of these products launch ? At least one product will be launched ?

1 answer:

Brrunno [24]3 years ago

3 0

Answer:

a) what is the probability that Neither will of these products launch ?

= 0.30

b) At least one product will be launched ?

= 0.70

Step-by-step explanation:

From the above question, we have the following information:

P(A) = 0.45

P(B) = 0.60

P(A ∩ B) = P(A and B) launching = 0.35

Step 1

We find the Probability that A or B will launch

P (A ∪ B) = P(A) + P(B) - P(A ∩ B)

= 0.60 + 0.45 - 0.35

= 1.05 - 0.35

= 0.70

a) what is the probability that Neither will of these products launch ?

1 - Probability ( A or B will launch)

= 1 - 0.70

= 0.30

b)At least one product will be launched?

This is equivalent to the probability that A or B will be launched

P (A ∪ B) = P(A) + P(B) - P(A ∩ B)

= 0.60 + 0.45 - 0.35

= 1.05 - 0.35

= 0.70

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Read 2 more answers

Giving 100 points.

Nitella [24]

Answer:

1. <u>Cost per customer</u>: 10 + x

<u>Average number of customers</u>: 16 - 2x

$\textsf{2.} \quad -2x^2-4x+160\geq 130$

3. $10, $11, $12 and $13

Step-by-step explanation:

<u>Given information</u>:

$10 = cost of buffet per customer
16 customers choose the buffet per hour
Every $1 increase in the cost of the buffet = loss of 2 customers per hour
$130 = minimum revenue needed per hour

Let x = the number of $1 increases in the cost of the buffet

<u>Part 1</u>

<u></u>

<u>Cost per customer</u>: 10 + x

<u>Average number of customers</u>: 16 - 2x

<u>Part 2</u>

The cost per customer multiplied by the number of customers needs to be <u>at least</u> $130. Therefore, we can use the expressions found in part 1 to write the <u>inequality</u>:

$(10 + x)(16 - 2x)\geq 130$

$\implies 160-20x+16x-2x^2\geq 130$

$\implies -2x^2-4x+160\geq 130$

<u>Part 3</u>

To determine the possible buffet prices that Noah could charge and still maintain the restaurant owner's revenue requirements, solve the inequality:

$\implies -2x^2-4x+160\geq 130$

$\implies -2x^2-4x+30\geq 0$

$\implies -2(x^2+2x-15)\geq 0$

$\implies x^2+2x-15\leq 0$

$\implies (x-3)(x+5)\leq 0$

Find the roots by equating to zero:

$\implies (x-3)(x+5)=0$

$x-3=0 \implies x=3$

$x+5=0 \implies x=-5$

Therefore, the roots are x = 3 and x = -5.

<u>Test the roots</u> by choosing a value between the roots and substituting it into the original inequality:

$\textsf{At }x=2: \quad -2(2)^2-4(2)+160=144$

As 144 ≥ 130, the <u>solution</u> to the inequality is <u>between the roots</u>:

-5 ≤ x ≤ 3

To find the range of possible buffet prices Noah could charge and still maintain a minimum revenue of $130, substitute x = 0 and x = 3 into the expression for "cost per customer.

[Please note that we cannot use the negative values of the possible values of x since the question only tells us information about the change in average customers per hour considering an <em>increase </em>in cost. It does not confirm that if the cost is reduced (less than $10) the number of customers <em>increases </em>per hour.]

<u>Cost per customer</u>:

$x =0 \implies 10 + 0=\$10$

$x=3 \implies 10+3=\$13$

Therefore, the possible buffet prices Noah could charge are:

$10, $11, $12 and $13.

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