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Answer:
The loss on the sale of 50 type M cars is $8000, and the loss is decreasing at the rate of $500 per 50 type M car sold.
Step-by-step explanation:
Given
Required
Interpret
From the question, we understand that:
Number of cars
Profit on x cars
Using the above as a point of reference,
Rate of loss per x cars
So, the interpretations are:
A loss of 8000 on 50 cars
The loss rate is a reduction of 500 per 50 car
Using the binomial distribution, it is found that approximately 156 cards must be drawn from the deck before players' tokens move forward 50 times.
<h3>What is the binomial probability distribution?</h3>It is the probability of <u>exactly x successes on n repeated trials, with p probability </u>of a success on each trial.
The expected number of trials until q successes is:
In this problem, the parameters are given as follows:
q = 50, p = 0.32.
Hence:
More can be learned about the binomial distribution at brainly.com/question/24863377
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