Find the Probability of P(bankrupt)
2 answers:
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Answer: Last Option
Step-by-step explanation:
In this case we have a uniform probability. In the graph the horizontal axis represents the possible values of the variable x and the vertical axis represents the probability P(x).
To calculate the probability that x is between 4.71 and 7.4 we calculate the area under the curve.
The horizontal length between 4.71 and 7.4 is:
.
Then notice that the vertical length in this interval is 0.125.
Then the area of a rectangle is:
Where l is the length and w is the width.
In this case we have to:
So
