Answer:
10.49
Step-by-step explanation:
(picture shows)
Answer: 0.00067 minutes
Step-by-step explanation: if the proportion of customers who wait more than 15 minutes is 0.01, then the time interval between each waiting customer 15/0.01 = 1500 minutes.
The distribution that defines this question is that of an exponential.
An exponential distribution is dependent on the fixed time rate at which the event is occurring (λ)
For this question of ours, λ = 1500 minutes.
The mean of an exponential distribution is given as
u = 1/ λ = 1/1500 = 0.00067 minutes.
I don't know if this is the answer that you are looking for, but would the answer be all solutions?
Answer:$24 in a year or 12 months
this question doesnt really make sense tho
i need a specific # of months
Part (a)
There are 7 red out of 7+3 = 10 total
<h3>Answer: 7/10</h3>
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Part (b)
We have 3 green out of 10 total
<h3>Answer: 3/10</h3>
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Part (c)
3/10 is the probability of getting green on any selection. This is because we put the first selection back (or it is replaced with an identical copy)
So (3/10)*(3/10) = 9/100 is the probability of getting two green in a row.
<h3>Answer: 9/100</h3>
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Part (d)
Similar to part (c) we have 7/10 as the probability of getting red on each independent selection.
(7/10)*(7/10) = 49/100
<h3>Answer: 49/100</h3>
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Part (e)
7/10 is the probability of getting red and 3/10 is the probability of getting green. Each selection is independent of any others.
(7/10)*(3/10) = 21/100
<h3>Answer: 21/100</h3>
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Part (f)
We have the exact same set up as part (e). Notice how (7/10)*(3/10) is the same as (3/10)*(7/10).
<h3>Answer: 21/100</h3>
