Answer:
$172.50
Step-by-step explanation:
1150(0.15)
172.50
Less than means to subtract so 2678 less than 10000 will be
=10000-2678
=7322
I attached a picture of how I worked out the answer
Answer:
a) 0.75
b)5.05
c)0.02
Step-by-step explanation:
a)
P(Y>5)=?
This part is solved in the given picture.
b)
The mean of a uniform distribution is (a+b)/2.
Where a=4.95 , b=5.15.
E(Y)=(4.95+5.15)/2
E(Y)=10.1/2
E(Y)=5.05.
c)
The variance of a uniform distribution is (b-a)²/2.
V(Y)=(5.15-4.95)²/2
V(Y)=0.2²/2
V(Y)=0.04/2
V(Y)=0.02.