Answer:
8 weeks
Step-by-step explanation:
Given data
Matteo
Amount= $400
Spending per week= $10
Hence his balance after x weeks is given as
y=400-10x-------------1
Luca
Amount= $200
Spending per week= $15
Hence his balance after x weeks is given as
y=200+15x-------------2
Equate 1 and 2
400-10x=200+15x
collect like terms
400-200=15x+10x
200=25x
x= 200/25
x= 8 weeks
Hence it will take 8 weeks
Answer:
a) P ( 3 ≤X≤ 5 ) = 0.02619
b) E(X) = 1
Step-by-step explanation:
Given:
- The CDF of a random variable X = { 0 , 1 , 2 , 3 , .... } is given as:
Find:
a.Calculate the probability that 3 ≤X≤ 5
b) Find the expected value of X, E(X), using the fact that. (Hint: You will have to evaluate an infinite sum, but that will be easy to do if you notice that
Solution:
- The CDF gives the probability of (X < x) for any value of x. So to compute the P ( 3 ≤X≤ 5 ) we will set the limits.

- The Expected Value can be determined by sum to infinity of CDF:
E(X) = Σ ( 1 - F(X) )

E(X) = Limit n->∞ [1 - 1 / ( n + 2 ) ]
E(X) = 1
Answer:
$2.11
Step-by-step explanation:
The 1.99 is technically 2 dollars, just a penny less. Every dollar on a product, it's raised by 6 cents, given the 6% sales tax.