Answer:
(a) The expected number of guests until the next one pays by American Express credit card is 4.
(b) The probability that the first guest to use an American Express is within the first 10 to checkout is 0.0215.
Step-by-step explanation:
The random variable <em>X</em> can be defined as the number of guests until the next one pays by American Express credit card
The probability that a guest paying by American Express credit card is, <em>p</em> = 0.20.
The random variable <em>X</em> follows a Geometric distribution since it is defined as the number of trials before the first success.
The probability mass function of <em>X</em> is:
(a)
The expected value of a Geometric distribution is:
Compute the expected number of guests until the next one pays by American Express credit card as follows:
Thus, the expected number of guests until the next one pays by American Express credit card is 4.
(b)
Compute the probability that the first guest to use an American Express is within the first 10 to checkout as follows:
Thus, the probability that the first guest to use an American Express is within the first 10 to checkout is 0.0215.
When ever you have percentages, it should be helpful to bear in mind you can express them as multipliers. In this case, it will be helpful.
So, if we let:
a = test score
b = target score
then, using the information given:
a = 1.1b + 1
a = 1.15b - 3
and we get simultaneous equations.
'1.1' and '1.15' are the multipliers that I got using the percentages. Multiplying a value by 1.1 is the equivalent of increasing the value by 10%. If you multiplied it by 0.1 (which is the same as dividing by 10), you would get just 10% of the value.
Back to the simultaneous equations, we can just solve them now:
There are a number of ways to do this but I will use my preferred method:
Rearrange to express in terms of b:
a = 1.1b + 1
then b = (a - 1)/1.1
a = 1.15b - 3
then b = (a + 3)/1.15
Since they are both equal to b, they are of the same value so we can set them equal to each other and solve for a:
(a - 1)/1.1 = (a + 3)/1.15
1.15 * (a - 1) = 1.1 * (a + 3)
1.15a - 1.15 = 1.1a + 3.3
0.05a = 4.45
a = 89
Answer:
Step-by-step explanation:
known information: Monthly payment = 350 deposit = 2000
Formula
12 X monthly payment + deposit=cost of car
12 X 350 + 2000=
12X350+2000=
Parentheses Exponents Multiplication Division Addition Subtraction
12X350=4,200
4,200+2000=6200
Don't forget the pounds sign, because it is money.
Answer:
r = 0.
Step-by-step explanation:
The slope = (y2 - y1) / (x2 - x1)
So (r - (-3)) / (-4-2) = -1/2
(r + 3) / -6 = -1/2
2(r + 3) = 6
2r + 6 = 6
2r = 6 - 6 = 0
r = 0 (answer).
Yes because each x only has one y output
