The question given is incomplete, I googled and got the complete question as below:
You are a waterman daily plying the waters of Chesapeake Bay for blue crabs (Callinectes sapidus), the best-tasting crustacean in the world. Crab populations and commercial catch rates are highly variable, but the fishery is under constant pressure from over-fishing, habitat destruction, and pollution. These days, you tend to pull crab pots containing an average of 2.4 crabs per pot. Given that you are economically challenged as most commercial fishermen are, and have an expensive boat to pay off, you’re always interested in projecting your income for the day. At the end of one day, you calculate that you’ll need 7 legal-sized crabs in your last pot in order to break even for the day. Use these data to address the following questions. Show your work.
a. What is the probability that your last pot will have the necessary 7 crabs?
b. What is the probability that your last pot will be empty?
Answer:
a. Probability = 0.0083
b. Probability = 0.0907
Step-by-step explanation:
This is Poisson distribution with parameter λ=2.4
a)
The probability that your last pot will have the necessary 7 crabs is calculated below:
P(X=7)= {e-2.4*2.47/7!} = 0.0083
b)
The probability that your last pot will be empty is calculated as:
P(X=0)= {e-2.4*2.40/0!} = 0.0907
Answer:
The company needs to sell 9000 units in order to turn a profit of $40,000
Step-by-step explanation:
Hello, great question. These types are questions are the beginning steps for learning more advanced Algebraic Equations.
From the question we can get some important hints before creating our formula. First the Selling Price will be profit so it will be a positive number, but both unit cost and fixed costs are losses so they will be negative values in our formula. Also our formula will depend on the amount sold which we can represent as the variable x. With these hints we can create our formula as the following
Where:
- x is the amount of units created and sold
- y is the total profit after selling x-units
Now that we have our formula the question asks how many units need to be sold in order to earn a profit of $40,000. We can calculate this by replacing the $40,000 with y and solving for x like so,
.... add 400,000 on both sides
... divide both sides by 40
The company needs to sell 9000 units in order to turn a profit of $40,000
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
16/2
According to PEMDAS
Multiplying/dividing comes first when you read the equation from left to right
To find the ratio of centimeters to meters you need to divide 66 by 33 to get 2.
Then multiply 2727 by 2 to get 5454.
