Answer: 0.3741
Step-by-step explanation:
Poison probability ;
P(x) = [U(^x) e(^-U)] ÷ x!
Where U = mean
Note: e = exponential symbol
Number of checks that year = 171
Number of days in a year = 365
U = 171/365 = 0.468
Average checks per day = 0.4685
Probability that at least one check was written per day is can be calculated by;
P(not 0) = 1 - P(0)
Therefore,
P(x) = [U(^x) e(^-U)] ÷ x!
P(0) = [ 0.4685^0 * e^-0.4685] ÷ 0!
P(0) = [ 1 * 0.6259] ÷ 1
P(0) = 0.6259
Therefore,
P(not 0) = 1 - 0.6259 = 0.3741
Answer:
$49
Step-by-step explanation:
70 x 30%
70 x 0.3
21
70 - 21
49
