Let's say the original price was "x", thus "x" is the 100%, and we know that 15 is 80% of that, thus
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Answer with explanation:</h2>
According to the Binomial probability distribution ,
Let x be the binomial variable .
Then the probability of getting success in x trials , is given by :
, where n is the total number of trials or the sample size and p is the probability of getting success in each trial.
As per given , we have
n = 15
Let x be the number of defective components.
Probability of getting defective components = P = 0.03
The whole batch can be accepted if there are at most two defective components. .
The probability that the whole lot is accepted :

∴The probability that the whole lot is accepted = 0.99063
For sample size n= 2500
Expected value : 
The expected value = 75
Standard deviation : 
The standard deviation = 8.53
For Independent Events, P(A) × P(B) = P(A∩B)
so we have, P(A∩B) = 0.4×0.1 = 0.04
P(A') = 1 - 0.4 = 0.6
This information can be represented on a Venn diagram as shown below
P(A'∪B) means the union of everything that is not A with everything that is B
P(A'∪B) = 0.06 + 0.54 + 0.04 = 0.64
Answer:
Y= -4/-4x -1
Step-by-step explanation:
I think this is correct, I haven't done this in awhile though. I hope this helps