Answer:
0.4%.
Step-by-step explanation:
Given that,
The length of a bolt is 4.75 inches and a machinist makes a bolt that is 4.769 inches long.
We need to find the percent error of the bolt’s length. The percentage error in the any value is given by :
So, the percentage error of the bolt's length is 0.4%.
17/10
bc its an improper Fraction
Answer:
Step-by-step explanation:
dollar amount of increase = $3.85 - $1.54 = $2.31
percentage increase = (amount of increase)/(original price) = $2.31/$1.54 = 1.5 = 150%
Since 5=15/3
5^x = (15/3)^x = 15^x / 3^3
Choices A and D
Answer:
-$500
Step-by-step explanation:
The expected value of a payment from the policy is ...
$500,000 × 0.002 = $1000
Since the business pays $1500 for the policy, the expected value to the business is ...
$1000 - 1500 = -$500 . . . per year
_____
Of course, the expected value to the insurance company is $500 per year.
_____
We have computed on the basis of 1 claim per year. If we consider the possibility of multiple independent claims, then the expected payment from the insurance goes up by a factor of 1/(1 -0.002) ≈ 1.002004008016.... This has the effect of increasing the expected value by $2.00 per year to -$498.
