I’ll venmo $10 to whoever solves both these pages for me and shows work
1 answer:
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The exponential distribution is:
where
The probability we want is how likely will a dvd player last more than 8 years, given it has already lasted 5 years
To find this, you use conditional probability.
where A is P(x>8) and B is P(x>5)
To find these probabilities, integrate over the distribution:
Sub into conditional probability formula:
Final Answer: Given a dvd player is more than 5 years old, the probability that it will last another 3 more years is about 54.9%
where
The probability we want is how likely will a dvd player last more than 8 years, given it has already lasted 5 years
To find this, you use conditional probability.
where A is P(x>8) and B is P(x>5)
To find these probabilities, integrate over the distribution:
Sub into conditional probability formula:
Final Answer: Given a dvd player is more than 5 years old, the probability that it will last another 3 more years is about 54.9%
Answer:
The first increase was of 60%.
Step-by-step explanation:
The initial value of the product is x.
The first increase was of y.
The second increase is of 25%, that is, 1.25.
The final price was double the original, so 2x.
This situation can be modeled by the following equation:
We want to find y.
Simplifying by x
After the first increase, the value was 1.6 of the original value, that is a increase as a percent of (1.6 - 1)*100 = 60%.