Answer:
In year 2013 annual maintenance done = $ 3,000,000
Out of this 85% is expected to renew in 2014 = = $2,550,000
Now Sales in 2013 = $3,000,000
60% of these sales = = $1,800,000
Now out of this 60%, 20% annual maintenance was expected to be paid
In 2014 = = $360000
So, Total annual maintenance in 2014 =
= $2,910,000
Answer:
<em>Expected number of students would have a driver's license = 6</em>
Step-by-step explanation:
<u><em>Explanation</em></u>:-
Given data In a class of 25 students, 15 of them have a driver's license
The sample proportion
Let 'X' be the binomial distribution
Given sample size 'n' = 10
<em>mean of the binomial distribution or expected number of students would have a driver's license</em>
μ = n p
= 10 × 0.6
= 6
<u><em>Conclusion</em></u>:-
<em>Expected number of students would have a driver's license = 6</em>