Answer:
And for this case we can use the cumulative distribution function given by:
And using this formula we have this:
Then we can conclude that the probability that your bid will be accepted would be 0.41
Step-by-step explanation:
Let X the random variable of interest "the bid offered" and we know that the distribution for this random variable is given by:
If your offer is accepted is because your bid is higher than the others. And we want to find the following probability:
And for this case we can use the cumulative distribution function given by:
And using this formula we have this:
Then we can conclude that the probability that your bid will be accepted would be 0.41
The area of a circle is π (radius²)
The area of the outer (2-ft) circle is π (2²) = 4 π square feet.
The area of the inner (1-ft) circle is π (1²) = 1 π square feet.
The inner circle covers 1/4 of the area of the outer circle.
So if the ant wanders around totally aimlessly and randomly, and there's no way to
know where he came from, where he is now, or where he's going next, and there's
an equal chance of him being <em><u>anywhere in the big circle</u></em> at any time, then there's a
<u>25% chance</u> of him being inside the small circle at any time, because 1/4 of the
total area is in there.
That's choice c).
No youll lose it if you answer too many
The answer is positive because its is going in the positive column
More detail. Please!!!!!!!!!
