Is the 10 taking away 5 or was it meant to me 10.5 ?
Answer:
Unlikely = greater Than 0 ; less than
Likely = greater than 0.5 ; less than 1
Neither likely nor unlikely = 0.5
Step-by-step explanation:
Probability values usually range between standardized values between 0 and 1. With values closer to 1 depicting greater possibilities of an event. Probability value of zero means certain and probability value of 0 zero means.impossible.
Using this standardized values :
An unlikely event is more of not occurring than occurring (that is the event has higher chances of not happening) ;
Hence; We can categorize unliky events to range from below the mid value to greater Tha.n 0
Unlikely event : greater Than 0 ; less than 0.6
Events with probability above the mid value of 0.5 have higher chances of occurring (greater likelihood) hence, Probability is greater than 0.5 but less than 1.
Neither likely nor unlikely event will take the boundary point between likely and unlikely = 0.5
124.95 + 7% tax = 124.95 * 1.07 = $133.70
Plus $10 = $143.70 <--- answer to part 1
Part 2
143.70 / 15 = 9.58
it will take him 10 weeks to save enough to purchase it.
The three is in the ten thousands place; so it would equal thirty thousand. I'm not sure if that's how you wanted the answer though.
