Answer:
$3
Step-by-step explanation:
21 rand * ($1/7 rand) = $3
A. Multiply the area of the original store by the percent increase then add that to the original amount.
1200 x 0.75 = 900
1200 + 900 = 2100
Answer: 2,100 square feet.
B. 2000 x 0.30 = 600
2000 + 600 = $2,600
2600 x 0.05 = 130
2600 + 130 = 2,730
Rent :$2,730
Given that mean=3750 hours and standard deviation is 300:
Then:
<span>a. The probability that a lamp will last for more than 4,000 hours?
P(x>4000)=1-P(x<4000)
but
P(x<4000)=P(z<Z)
where:
z=(x-</span>μ)/σ
z=(4000-3750)/300
z=0.833333
thus
P(x<4000)=P(z<0.8333)=0.7967
thus
P(x>4000)=1-0.7967=0.2033
<span>b.What is the probability that a lamp will last less than 3,000 hours?
P(x<3000)=P(z<Z)
Z=(3000-3750)/300
z=-2.5
thus
P(x<3000)=P(z<-2.5)=0.0062
c. </span><span>.What lifetime should the manufacturer advertise for these lamps in order that only 4% of the lamps will burn out before the advertised lifetime?
the life time will be found as follows:
let the value be x
the value of z corresponding to 0.04 is z=-2.65
thus
using the formula for z-score:
-2.65=(x-3750)/300
solving for x we get:
-750=x-3750
x=-750+3750
x=3000</span>
1.15¹⁰=4.0456, the growth rate, so the increase is 3.0456 or 305%.
