22/22-12/22= 10/22
Which can be simplified as 5/11
Using it's concept, the probabilities are given as follows:
19. A. 1/3.
20. F. 1/6.
<h3>What is a probability?</h3>
A probability is given by the <u>number of desired outcomes divided by the number of total outcomes</u>.
In this problem, there are 1 + 1 + 3 + 4 + 3 = 12 papers. 4 have a score of 6, hence, in item 19, the probability is:
p = 4/12 = 1/3.
Which means that option A is correct.
2 papers have a score greater than 12, hence the probability in item 20 is given by:
p = 2/12 = 1/6.
Which means that option F is correct.
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I think you do 120 divided by 5, but I could be wrong.
It should be noted that a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
<h3>How to explain the demand?</h3>
It should be noted that an elastic demand is one werr the change in quantity demanded due to a change in price is large.
Also, an inelastic demand is one in which the change in quantity demanded due to a change in price is small. When the formula creates an absolute value greater than 1, the demand is elastic.
Here, a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
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