Answer: Not very likely to get two consecutive drivers wearing seat belts.
Explanation:
From the question the report shows only 15% percent wear seat belts.
If 10 cars are selected at random the possibility of getting at least one wearing seat belt is
= 10× 15/100
==> 1.5 out of 10
1.5, is not upto average of 10 it's just a bit above the zero mark. Which makes the chances of meeting at least one driver wearing seat belt low.
To get consecutive drivers wearing seat belts, would be even a lower possibility. This is so due to the fact that according to the records the chances of meeting a driver on seat belts is low, and the possibility of it happening in quick succession is going to be smaller, because overall percentage of drivers wearing seat belts is small.
Continually reassess your plan. As part of the investment process and financial planning process, Holly should monitor and reassess her savings and investing plan annually to determine if her goals have changed and if she is meeting her goals through the plan's performance.
Answer:
The probability to put sock and shoe on all legs is 1/2^8. Therefore the number of correct permutations must be 16!/2^8.
Explanation:
There are two actions for each leg - the sock and then the footwear. All we need to know is to determine a sequence when each leg has been worked on. That is 16/2 for the first section, 14/2 for the second, and so on...
Equivalently, the multinomial coefficient would be (16/2,2,…, 2) = 16!/2^8.
Answer:
The hair dryer cost cannot exceed 27 dollars per unit
Explanation:
the target cost will the one which achieve the target profit at the selling price of the market.
In this case we are given that selling price is $53 and we want to achieve a 26 dollar gain per unit therefore:
revenue - cost = profit
revneue - profit = cost
53 -26 = cost
cost = 27
Answer:
The correct answer is: in all decision making.
Explanation:
Economic analysis is used in all walks of life, in decision making. It is not only relevant for policymaking or in business or for students. Rather, it is used in day to day life as well.
Almost all the decision we make is based on cost-benefit analysis. It used by households and individuals for utility maximization. It is used by businesses for profit maximization and is used by policy makers for welfare maximization.
