The price will decrease by $2132
<u>Step-by-step explanation</u>
Given that the next model of the sports car will cost 5.2% less than the current model.
The price of the current model=$41000
The price of the next model will be 5.2% less than $41000
There is a $2132 decrease in prize of the sports car.
Answer: The complete question is found in the attachment
Step-by-step explanation:
Law of large numbers: The probability of occurrence of an event becomes closer to the theoretical probability as the number of trials increases
P(an ace) = 1/6
= 0.1667
= 16.67%
a) In 600 rolls, the value will be close to 16.67. compared to 60 rolls
Greater than 20% interval doesn't include 16.67%. So, for more than 20% ace, 60 rolls is better.
b) More than 15% interval includes 16.67. So, it is better to roll 600 times
c) The interval between 15% and 20% include 16.67% and hence, 600 rolls is better
d) Larger number of trials is better to get exactly 16
So, 600 rolls is better
