Answer:
ahem.........WOW
Step-by-step explanation:
Answer:
a) P = 2/7
b) P = 4/7
c) P = 1/7
Step-by-step explanation:
In the range of [2,8], we have the following integers which are: 2, 3, 4, 5, 6, 7, 8. So this is a total of 7 integers.
a) We look for the probability that the numbers are less than 4, so we conclude that there are possible numbers 2 and 3 out of possible 7, so the required probability is equal to P = 2/7.
b) We look for the probability that the numbers are greater than 4, so we conclude that there are possible numbers 5, 6, 7, 8 out of possible 7, so the required probability is equal to P = 4/7.
c) Based on the previous two examples, we conclude that the required probability is P = 2/7· 1/2=1/7.
Answer:
8/27 is represented in decimal as 0.2962962963
Answer:
20%
10%
0.5
5%
Step-by-step explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Percentage change in price = (1.2/1) - 1 = 20%
Percentage change in quantity demanded = 450/500 - 1 = 10%
The slope of the line 3.33 or 3 1/3
