Answer: a) 0.0792 b) 0.264
Step-by-step explanation:
Let Event D = Families own a dog .
Event C = families own a cat .
Given : Probability that families own a dog : P(D)=0.36
Probability that families own a dog also own a cat : P(C|D)=0.22
Probability that families own a cat : P(C)= 0.30
a) Formula to find conditional probability :
(1)
Similarly ,

Hence, the probability that a randomly selected family owns both a dog and a cat : 0.0792
b) Again, using (2)

Hence, the conditional probability that a randomly selected family owns a dog given that it owns a cat = 0.264
The answer is 7, because you multiply it by 6.
Answer:
20.02%
Step-by-step explanation:
Formula : 
n = 1,2,3,4,5
Substitute the values in the formula :


Solving for IRR using calculator
IRR = 20.02
Hence the internal rate of return if the initial cost of the project is $275,000 is 20.02%
Answer:
The function of g(x) = 5x + 2
Step-by-step explanation:
Let us use the composite function to solve the question
∵ f(x) = 2x - 1
∵ f(g(x)) = 10x + 3
→ f(g(x)) means substitute x in f(x) by g(x)
∴ f(g(x)) = 2[g(x)] - 1
→ Equate the two right sides of f(g(x))
∴ 2[g(x)] - 1 = 10x + 3
→ Add 1 to both sides
∴ 2[g(x)] - 1 + 1 = 10x + 3 + 1
∴ 2[g(x)] = 10x + 4
→ Divide each term into both sides by 2
∵
=
+ 
∴ g(x) = 5x + 2
∴ The function of g(x) = 5x + 2
Answer:
Use the normal distribution if the population standard deviation is known.
Use the student's t distribution when the population standard deviation is unknown.
Explanation:
A mound-shaped distribution refers to the normal distribution.
A good sample size for testing against the normal distribution should be
n >= 30.
The condition for the sample size is satisfied.
However, we are not given the population standard deviation, therefore it is assumed to be unknown.
Therefore the student's t distribution should be used.