Event v occurs 28% of the time on Tuesdays.
1 answer:
Answer:
68%
Step-by-step explanation:
Probability of occurrence of Event v = P(v) = 28% = 0.28
Probability of occurrence of both Events v and Event w together = P(v and w) = 19% = 0.19
We have to find what is the probability that event w occurs with event v given that event v occurs on a Tuesday. This is a conditional probability. In other words we have to find what is the probability of event w given that event v occurs of Tuesday. i.e we have to find P(w|v)
The formula to calculate this conditional probability is:
Using the given values, we get:
Therefore, the probability that even w will occur with event v given that event v occurs on Tuesday is 68%
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Answer:
The answer is below
Step-by-step explanation:
Let x represent the number of single cone ice cream and let y represent the number of double cone ice cream.
Since the vendor stocks a maximum of 70 single cones and a maximum of 45 double cones. hence:
0 < x ≤ 70, 0 < y ≤ 45 (1)
The vendor expects to sell no more than 50 ice creams, hence:
x + y ≤ 50
Plotting the constraint using geogebra online graphing tool, we can see that the solution to the problem is at (5, 45)
Since the vendor sells single-cone ice-creams for $3 and double-cone ice-creams for $4.50, hence:
Revenue = 3x + 4.5y
At the point (5, 45), the revenue is:
Revenue = 3(5) + 4.5(45) = $217.5
