Answer:
Maintaining a balanced budget ensures monthly obligations are met, with room for savings.With stable cash flow,monthly surpluses can be reserved in an emergency,xontingency fund, standing ready to bail you out of times of financial distress
Answer:
a) <u>0.4647</u>
b) <u>24.6 secs</u>
Step-by-step explanation:
Let T be interval between two successive barges
t(t) = λe^λt where t > 0
The mean of the exponential
E(T) = 1/λ
E(T) = 8
1/λ = 8
λ = 1/8
∴ t(t) = 1/8×e^-t/8 [ t > 0]
Now the probability we need
p[T<5] = ₀∫⁵ t(t) dt
=₀∫⁵ 1/8×e^-t/8 dt
= 1/8 ₀∫⁵ e^-t/8 dt
= 1/8 [ (e^-t/8) / -1/8 ]₀⁵
= - [ e^-t/8]₀⁵
= - [ e^-5/8 - 1 ]
= 1 - e^-5/8 = <u>0.4647</u>
Therefore the probability that the time interval between two successive barges is less than 5 minutes is <u>0.4647</u>
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b)
Now we find t such that;
p[T>t] = 0.95
so
t_∫¹⁰ t(x) dx = 0.95
t_∫¹⁰ 1/8×e^-x/8 = 0.95
1/8 t_∫¹⁰ e^-x/8 dx = 0.95
1/8 [( e^-x/8 ) / - 1/8 ]¹⁰_t = 0.95
- [ e^-x/8]¹⁰_t = 0.96
- [ 0 - e^-t/8 ] = 0.95
e^-t/8 = 0.95
take log of both sides
log (e^-t/8) = log (0.95)
-t/8 = In(0.95)
-t/8 = -0.0513
t = 8 × 0.0513
t = 0.4104 (min)
so we convert to seconds
t = 0.4104 × 60
t = <u>24.6 secs</u>
Therefore the time interval t such that we can be 95% sure that the time interval between two successive barges will be greater than t is <u>24.6 secs</u>
Answer:
18° and 72°
Step-by-step explanation:
Complimentary angles form 90°
We have an angle (x) 4 times larger than the other (y).
Well actually, a system of equations isn't required, so forget about x and y, just divide 90 by 5. This gives you 18, one of the angle's measurements is 18°. Multiply 18 by 4 and get 72. The other angle's measurement is 72°.
Answer:
A) XB
Step-by-step explanation:
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