Answer:
11.8%
Step-by-step explanation:
Here in this question, we want to find the probability of no success in the binomial experiment for 6 trials.
Let p = probability of success = 30% = 30/100 = 0.3
q = probability of failure = 1-p = 1-0.3 = 0.7
Now to calculate the probability, we shall need to use the Bernoulli approximation of the binomial theorem.
That would be;
P(X = 0) = 6C0 p^0 q^6
6C0 is pronounced six combination zero
= 6 * 0.3^0 * 0.7^6 = 1 * 1 * 0.117649 = 0.117649
This is approximately 0.1176
If we convert this to percentage we have 11.76%
But we want our answer rounded to the nearest tenth of a percent and that is 11.8%
1 would be B. 2 would be a
Answer:
YesUs
Step-by-step explanation:
the vertical LIne test. The lines intercept, so it is not a function.
Answer:
Check the explanation
Step-by-step explanation:
Cost of over reserving full cost tickets, Co = $440 ( empty seats as we cannot get even the discounted revenue)
Cost of under reserving Cu = 770-440 = $330 ( because you sell more discounted tickets)
Now critical ratio = Cu / (Cu+Co) = 330/770 = 0.42857
Now for above critical ratio ,z = -0.18 ( refer standard normal distribution table)
Optimal protection level = mean +z*standard deviation = 100-0.18*25 = 95.5 = 96
The possible costs include: all the above. You may need to provide compensation to passenger and make alternative travel arrangements. Also passenger won't be happy by over booking and their will be loss of good will.
