There are 12 cans of corn in a case. Each can of corn is 10 ounces. If a case of corn costs $10.68, what is the unit price per c
2 answers:
You might be interested in
Answer:
Paul will have no more than $ 450 in next 8 weeks.
Step-by-step explanation:
From the information given on statement, we know that Paul saves all of his earnings weekly. Then, the money save is equal to the sum of initial amount (), measured in monetary units, and week earning (
), measured in monetary units, multiplied by a number of weeks (
), dimensionless:
(1)
Now we clear the number of weeks within the formula:
If we know that ,
and
, then the number of weeks is:
Paul will have no more than $ 450 in next 8 weeks.
Answer:
y₀.₉₅ = 3659
Step-by-step explanation:
P( no accident ) = 0.8
P( one accident ) = 0
deductible = 500
mean = 3000
<u>Determine the 95th percentile of the insurance company payout </u>
Assuming : y =company payout , x =amount of loss incurred due to accident
Then :
P( x < 500 ) = 0.2 ( 1 - e^-500/3000)
= 0.2 ( 1 - e^-1/6 )
95th percentile =
= P( y < y₀.₉₅ ) 0.95
P( y = 0 ) = 0.8 + 0.2 ( 1 - e^-1/6 ) = 0.8307
attached below is the remainder of the solution
