What is 70% as a decimal
2 answers:
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Answer:
Thus, the coffee shop is willing to supply 6 pounds per week at a price of $4 per pound.
Step-by-step explanation:
We are given the following information in the question:
The marginal price per pound (in dollars) is given by:
where x is the supply in pounds.
The coffee shop is willing to supply 9 pounds per week at a price of $7 per pound.
Thus, we are given that
P(9) = 7
Putting the values, we get,
Now, we have to find how many pounds it would be willing to supply at a price of $4 per pound.
P(x) = 4
Thus, the coffee shop is willing to supply 6 pounds per week at a price of $4 per pound.
Answer: 0.009
Step-by-step explanation:
Formula we use here : Binomial distribution formula
Probability of getting success sin x trial = , where n is the sample size and p is the probability of success in each trial .
Given : A study conducted at a certain college shows that 65% of the school's graduates find a job in their chosen field within a year after graduation.
i.e. p= 0.65
Sample size : n= 11
Now, the probability that 11 randomly selected graduates all find jobs in their chosen field within a year of graduating:-
Hence, the probability that 11 randomly selected graduates all find jobs in their chosen field within a year of graduating = 0.009