Katya is traveling by train to visit her relatives in another state. The equation y=60x+20 represents the total distance she is
2 answers:
Step-by-step explanation:
Step one:
Given
The expression for Katya's distance away from home is given by the expression
y represents her total distance away from home
x= represent the time of travel in hours
Step two:
60 represents the rate at which the train is traveling in km per hour
20 represents the initial distance from home
we predict her distance away at a given time
say 4 hours, that is x=4hours
substituting in the expression
y=60x+20
y=60(4)+20
y=240+20
y=260km
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Answer:
Step-by-step explanation:
(a)
The bid should be greater than $10,000 to get accepted by the seller. Let bid x be a continuous random variable that is uniformly distributed between
$10,000 and $15,000
The interval of the accepted bidding is , where b = $15000 and a = $10000.
The interval of the provided bidding is [$10,000,$12,000]. The probability is calculated as,
(b) The interval of the accepted bidding is [$10,000,$15,000], where b = $15,000 and a =$10,000. The interval of the given bidding is [$10,000,$14,000].
(c)
The amount that the customer bid to maximize the probability that the customer is getting the property is calculated as,
The interval of the accepted bidding is [$10,000,$15,000],
where b = $15,000 and a = $10,000. The interval of the given bidding is [$10,000,$15,000].
(d) The amount that the customer bid to maximize the probability that the customer is getting the property is $15,000, set by the seller. Another customer is willing to buy the property at $16,000.The bidding less than $16,000 getting considered as the minimum amount to get the property is $10,000.
The bidding amount less than $16,000 considered by the customers as the minimum amount to get the property is $10,000, and greater than $16,000 will depend on how useful the property is for the customer.