Answer:
The indifference point is 8 weeks.
Step-by-step explanation:
<u>First, we establish the total cost formula for each:</u>
x= number of weeks
Club:
Total cost= 20 + 15*x
Retail:
Total cost= 17.5*x
<u>Now, we equal both formulas and isolate x:</u>
20 + 15x = 17.5x
20 = 2.5x
8=x
The indifference point is 8 weeks.
<u>Prove:</u>
Total cost= 20 + 15*8= $140
Total cost= 17.5*8= $140
Answer:
The entire area of the sailboat is 60cm²
Step-by-step explanation:
You can find the area of this shape by breaking it down into simpler shapes and adding up their individual areas.
In this case, the areas we'll use are the rectangle at the bottom, and the pair of triangles at the top.
Because the two triangles can be put together to form a single triangle, we don't need to measure them independently. We can simply take the total length of their bases, multiply it by their height, and divide by two. This follows the rule that the area of a triangle is equal to the area of the square that contains it divided by two.
(2cm + 3cm) × 6cm
= 5cm × 6cm
= 30cm²
The rectangle's area is of course equal to its width times its height, so we can say:
2.5cm × 12cm
= 30cm²
The total area of the shapes then is 30cm² + 30 cm², giving us a total area of 60cm²
Just a shot in the dark: 9*30 and 9*8?
Answer: Our required probability is ![\dfrac{1}{2}](https://tex.z-dn.net/?f=%5Cdfrac%7B1%7D%7B2%7D)
Step-by-step explanation:
Since we have given that
Number of coins = 3
Number of coin has 2 heads = 1
Number of fair coins = 2
Probability of getting one of the coin among 3 = ![\dfrac{1}{3}](https://tex.z-dn.net/?f=%5Cdfrac%7B1%7D%7B3%7D)
So, Probability of getting head from fair coin = ![\dfrac{1}{2}](https://tex.z-dn.net/?f=%5Cdfrac%7B1%7D%7B2%7D)
Probability of getting head from baised coin = 1
Using "Bayes theorem" we will find the probability that it is the two headed coin is given by
![\dfrac{\dfrac{1}{3}\times 1}{\dfrac{1}{3}\times \dfrac{1}{2}+\dfrac{1}{3}\times \dfrac{1}{2}+\dfrac{1}{3}\times 1}\\\\=\dfrac{\dfrac{1}{3}}{\dfrac{1}{6}+\dfrac{1}{6}+\dfrac{1}{3}}\\\\=\dfrac{\dfrac{1}{3}}{\dfrac{2}{3}}\\\\=\dfrac{1}{2}](https://tex.z-dn.net/?f=%5Cdfrac%7B%5Cdfrac%7B1%7D%7B3%7D%5Ctimes%201%7D%7B%5Cdfrac%7B1%7D%7B3%7D%5Ctimes%20%5Cdfrac%7B1%7D%7B2%7D%2B%5Cdfrac%7B1%7D%7B3%7D%5Ctimes%20%5Cdfrac%7B1%7D%7B2%7D%2B%5Cdfrac%7B1%7D%7B3%7D%5Ctimes%201%7D%5C%5C%5C%5C%3D%5Cdfrac%7B%5Cdfrac%7B1%7D%7B3%7D%7D%7B%5Cdfrac%7B1%7D%7B6%7D%2B%5Cdfrac%7B1%7D%7B6%7D%2B%5Cdfrac%7B1%7D%7B3%7D%7D%5C%5C%5C%5C%3D%5Cdfrac%7B%5Cdfrac%7B1%7D%7B3%7D%7D%7B%5Cdfrac%7B2%7D%7B3%7D%7D%5C%5C%5C%5C%3D%5Cdfrac%7B1%7D%7B2%7D)
Hence, our required probability is ![\dfrac{1}{2}](https://tex.z-dn.net/?f=%5Cdfrac%7B1%7D%7B2%7D)
No, the answer is not ![\dfrac{1}{3}](https://tex.z-dn.net/?f=%5Cdfrac%7B1%7D%7B3%7D)
Given that,
Sample size= 83
Mean number= 39.04
Standard deviation= 11.51
We know the critical t-value for 95% confidence interval which is equal to 1.989.
We also know the formula for confidence interval,
CI=( mean number - critical t-value*standard deviation/(sample size)^(1/2), mean number + critical t-value*standard deviation/(sample size)^(1/2))
So, we have
CI= (39.04 - 1.989*11.51/83^(1/2), 39.04 + 1.989*11.51/83^(1/2)
CI= (39.04 - 2.513,39.04 + 2.513)
CI= (36.527,41.553)
Therefore, 95% confidence interval for these data is (36.527,41.553), and this result interpret that the true value for this survey sample lie in the interval (36.527,41.553).