Answer:
a. mean = 1000
standard deviation = 4358.9
b. expected value of average damage bar Y = 1000
probability bar y exceeds 2000 = 0.011
Step-by-step explanation:
we have p1 = 95%, y1 = 0, p2 = 5%, y2 = 20000
Mean = (0.95 * 0) + (0.05 * 20000)
= 1000
var(y) = E(y²) - E(Y)²
= we solve for E(y)²
= 0²*0.95 + 20000²*0.05
= 0 + 20000000
then the variance of y = 20000000 - 1000²
=20000000-1000000
= $19000000
standard deviation is the square root of variance
= √19000000
= 4358.9
2.
a. Expected value of average is also the mean = 1000
b. we are to find probability that barY exceeds 2000
= 1000/435.889
= 2.29
1-p(z≤2.29)
= 1 - 0.989
= 0.011
so the probability that barY exceeds 2000 is 0.011
Answer:
Solution: x = -2; y = 3 or (-2, 3)
Step-by-step explanation:
<u>Equation 1:</u> y = -5x - 7
<u>Equation 2:</u> -4x - 3y = -1
Substitute the value of y in Equation 1 into the Equation 2:
-4x - 3(-5x - 7) = -1
-4x +15x + 21 = -1
Combine like terms:
11x + 21 = - 1
Subtract 21 from both sides:
11x + 21 - 21 = - 1 - 21
11x = -22
Divide both sides by 11 to solve for x:
11x/11 = -22/11
x = -2
Now that we have the value for x, substitute x = 2 into Equation 2 to solve for y:
-4x - 3y = -1
-4(-2) - 3y = -1
8 - 3y = -1
Subtract 8 from both sides:
8 - 8 - 3y = -1 - 8
-3y = -9
Divide both sides by -3 to solve for y:
-3y/-3 = -9/-3
y = 3
Therefore, the solution to the given systems of linear equations is:
x = -2; y = 3 or (-2, 3)
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Answer:
121
Step-by-step explanation:
1500 + 0.45x < 1.70x
1500 < 1.70x - 0.45x
1500 < 1.25x
1500/1.25 < x
1200 < x.....so she would have to sell 1201 cards to make a profit
