Answer: 1775
Step-by-step explanation: a p e x
Answer:
c. 3324
Step-by-step explanation:
We need to use the formula of Geometric CDF with π =0.02
P(x≤20) = 1 - (1-0.02)^20
P(x≤20) = 1 - (0.98)^20
P(x≤20) = 1 - (0.98)^20
P(x≤20) = 1 - 0.6676
P(x≤20) = 0.3324
Therefore the probability that the first such ejection occurs within the first 20 Visa transactions is 0.3324
Subtract 6 from the x value in the first one, and remember that slope intercept form is mx+b
Total to pay per autograph= 8.00+13.25=21.25
Number of autographs you can buy = 2(21.25)= 42.5
You can buy two autographs and have a change of 8.25
