Answer:
the amount of books grant has left
explanation:
if you take away b books, he is left with 29-b books
Answer:
0.0159
Step-by-step explanation:
Given that a common practice of airline companies is to sell more tickets for a particular flight than there are seats on the plane, because customers who buy tickets do not always show up for the flight.
Here if X is the no of persons that do not show up, then X is binomial as each trial is independent with p = 0.04 and n =150 (no of tickets sold)
The plane is overbooked if more than 150 show up
i.e. less than 2 do not show up
Hence the probability that the airline overbooked this flight
=
Answer:
-225
Step-by-step explanation:
Number 3: need more info
Number 4: is 337.5.
- first we need i\to find how much one case costs. $45/2 = $22.5
- next multiply $22.5 x 15 which gets you $337.50
Number 5: is 65%
- 100% divided by 3,100 is .03225806
- then multiply .023225806 by 1085 which gets you 35%
- but because it is asking for the remaining it is 100% - 35% which is 65%
Answer:
Step-by-step explanation:
a) Because you are only receiving $1500 and in exchange you would have to cover for this accident damage in the next year, which could be up to hundred of thousands of dollar. Sure there's a chance the your neighbor might drive safely, but the odds are far more in his favor than yours.
b) The insurance company collect payments from hundred of thousands buyers, making their cash flow up to tens of million dollar. Sure the expected value of accidents might be high but as a company they surely have capital to cover a handful of cases, if their calculation done right.
