The probability that the new UNC-CH logo will be profitable is <u>0.9897 </u>while the probability for NC State will be <u>0.9600.</u>
<h3 /><h3>What is the probability that the brands will be successful?</h3>
The probability that the UNC-CH logo is successful is:
= Favorable odds / Total odds
= 96 / (96 + 1)
= 0.9897
The probability that the NC State logo is profitable is:
= Favorable odds / Total odds
= 24 / (24 + 1)
= 0.9600
There is less than a 3% variation in both logos' profitablility probability so the company should not spend 4 times more on UNC-CH.
Find out more on probabilities of profit at brainly.com/question/13500115.
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Distributive property is the answer
Midsegments are line segments that connect the midpoints of a triangle. If we have the condition that QR = NP, we have the equation
3x + 2 = 2x + 16
Solving for x
3x - 2x = 16 - 2
x = 14
Therefore, x is 14. <span />
The other company's profit was 363 thousand dollars more
