The probability that the dealership will wait at least 6 months until the next claim is solved by:We know that the mean number of occurrences per time unit is 0.1, then let’s denote this by λ
So: f (x) = 1 – e ^ -λx for x > 0
P (x > 6) = e^ -x
= e ^-0.1 * 6
= 0.5488
55,000-1000= 54,000
54,000/2= 27,000
The originally price was $27,000
Answer:
6 1/3
Step-by-step explanation:
(2 2/3) + (3 2/3) = (2 + 3) + (2/3 + 2/3) = 5 + 4/3
= 5 + (1 1/3) = 6 1/3
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<em>Comment on the method</em>
Often it works well to add the integer parts and fractional parts separately, then make adjustments in the final result.
You can convert all the numbers to improper fractions, then back:
= 8/3 + 11/3 = 19/3 = 6 1/3
Doing this requires you to do 3 conversions between mixed numbers and improper fractions, whereas the method shown above only does 1 conversion (at the end).
Hi there:)
Amount invested in stock
=5000×0.6=3000
Amount invested in a saving account
5000-3000=2000
The stock increases 9% in the first year
3,000×(1+0.09)=3,270
and loses 4% of its value the second year
3,270×(1−0.04)=3,139.2
Amount of a saving account after two years
2,000×(1+0.049)^(2)=2,200.8
the total amount gained during the 2 years
3,139.2+2,200.8=5,340...answer
Hope it helps
