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ivanzaharov [21]
3 years ago
9

Total sales of Jewelry Inc. were $12,000,000 two years ago and $13,400,000 last year. If the same trend continues, what are sale

s likely to be this year to the nearest hundred thousand dollars?
Mathematics
1 answer:
goldfiish [28.3K]3 years ago
4 0
$14,800,000
The trend is +1,400,000
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A roulette wheel has 38 3838 slots, of which 18 1818 are red, 18 1818 are black, and 2 22 are green. In each round of the game,
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The value of P(R = 3) is 0.2854

<h3>Probability</h3>

Probabilities are used to determine the chances of events.

The given parameters are:

  • n = 38 --- the number of slots
  • red = 18. --- the number of red slot
  • black = 18. --- the number of black slot
  • green = 2. --- the number of green slot

<h3>Individual probabilities</h3>

The probability that the ball lands on a red slot is calculated as:

p = \frac{18}{38}

Simplify

p= \frac{9}{19}

The probability that the ball does not land on a red slot is calculated as:

q = \frac{18+2}{38}

q = \frac{20}{38}

Simplify

q = \frac{10}{19}

<h3>Binomial probability</h3>

The value of P(R = 3) is then calculated using the following binomial probability formula

P(R = r) = ^nC_rp^rq^{n-r}

Where:

n = 7

r = 3

So, we have:

P(R = 3) = ^7C_3 \times (9/19)^3 \times (10/19)^{7-3}

P(R = 3) = 35 \times (9/19)^3 \times (10/19)^4

P(R = 3) = 0.2854

Hence, the value of P(R = 3) is 0.2854

Read more about probabilities at:

brainly.com/question/15246027

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