Answer:
The probability is approximately 0.2222
Step-by-step explanation:
The correct question is as follows;
Suppose the time to process a loan application follows a uniform distribution over the range 7 to 15 days. What is the probability that a randomly selected loan application takes longer than 14 days to process
Please check attachment for solution to question
The answer would have to be D
Time-and-a-half doesn't make enough sense to answer the question. If you fix it, or comment below the correction I will gladly help.
Answer:
$26.95, you save $22.05
Step-by-step explanation:
$49 x 0.45 = $22.05 savings, 49 - 22.05 = 26.95