Answer:
the value in the five years is £2,621.44
Step-by-step explanation:
The computation of the value in the five years is given below:
= The value of the second car × (1 - losses percentage)^number of years
= £8,000 × (1 - 0.20)^5
= £8,000 × 0.80^5
= £8,000 × 0.32768
= £2,621.44
Hence, the value in the five years is £2,621.44
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The exponential distribution is:
where
The probability we want is how likely will a dvd player last more than 8 years, given it has already lasted 5 years
To find this, you use conditional probability.
where A is P(x>8) and B is P(x>5)
To find these probabilities, integrate over the distribution:
Sub into conditional probability formula:
Final Answer: Given a dvd player is more than 5 years old, the probability that it will last another 3 more years is about 54.9%
Answer:
6 pecies
Step-by-step explanation:
You divide 3/4 and 1/8 to get your answer.