Answer:
μ = 1 The firm expects that one oil exploration will be successful.
v(x)= 0.9
Step-by-step explanation:
The first step is to define the random variable x as:
x: number of oil explorations being succesful
Then x can be take this values:
x = 0 , x =1 ... x =10
x is a binomially distributed random variable with parameters.
p = 0.1 and n=10
And the mean or the expected value of x is:
μ = E(x) = np
Then μ = 10*0.1 = 1
And the variance of x is:
V(x) = np(1-p)
V(x) = 10(0.1)(1-0.1)= 0.9
Answer:
It is 13.56
Step-by-step explanation:
You would have to divide 40.68 by 3. 3 goes 1 time into 4 so it is 10.
Answer:
63.9
Step-by-step explanation:
Convert 9% to a decimal: 0.09
710×.09=63.9
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Sure, What's up! What kinda help do you need. Give me subjects grade level.
Answer:
45.2
Step-by-step explanation:
the tenths is the first number to the right after the decimal