Which fraction is equivalent to 4/8
2 answers:
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Answer:
Hope this helps :) look at the picture because I dont know how to type that
Step-by-step explanation:
Answer:
The minimum number of bicycles that must be produced and sold to break even = 20
Explanation:The profit generated by producing and selling n bicycles per week is given by the formula:
To get the minimum number of bicycles that must be produced and sold to break even, let P(n) = 0 (Since break even means no profit is made)
Solve the resulting quadratic equation above
This means that, to break even, either 60 or 20 bicycles must be produced and sold
The minimum number of bicycles that must be produced and sold to break even = 20
Answer:
A. In a binomial distribution, the value ofx represents the number of successes in n trials, while in a geometric distribution, the value ofx represents the first trial that results in a success.
Step-by-step explanation:
Previous concepts
The binomial distribution is a "DISCRETE probability distribution that summarizes the probability that a value will take one of two independent values under a given set of parameters. The assumptions for the binomial distribution are that there is only one outcome for each trial, each trial has the same probability of success, and each trial is mutually exclusive, or independent of each other".
The probability mass function for the Binomial distribution is given as:
The geometric distribution represents "the number of failures before you get a success in a series of Bernoulli trials. This discrete probability distribution is represented by the probability density function:"
The most important difference is that in the binomial distribution, the value of x represents the successes in n trials.
And by the other hand in the geometric distribution, x represents the number of failures before you get a success in a series of Bernoulli trials.
So then the best answer for this case is:
A. In a binomial distribution, the value of x represents the number of successes in n trials, while in a geometric distribution, the value ofx represents the first trial that results in a success.