Consider two x distributions corresponding to the same x distribution. The first x distribution is based on samples of size n = 100 and the second is based on samples of size n = 225. Which x distribution has the smaller standard error? The distribution with n = 100 will have a smaller standard error. The distribution with n = 225 will have a smaller standard error. Explain your answer. Since σx = σ2/√n, dividing by the square root of 100 will result in a small standard error regardless of the value of σ2. Since σx = σ/n, dividing by 100 will result in a small standard error regardless of the value of σ. Since σx = σ/n, dividing by 225 will result in a small standard error regardless of the value of σ. Since σx = σ/√n, dividing by the square root of 100 will result in a small standard error regardless of the value of σ. Since σx = σ/√n, dividing by the square root of 225 will result in a small standard error regardless of the value of σ. Since σx = σ2/√n, dividing by the square root of 225 will result in a small standard error regardless of the value of σ2.

Answers

Answer 1

Answer:

The distribution with n = 225 will give a smaller standard error.

Since sigma x = sigma/√n, dividing by the square root of 225 will result in a small standard error regardless of the value of sigma.

Step-by-step explanation:

Standard error is given by standard deviation (sigma) divided by square root of sample size (√n).

The distribution with n = 225 would give a smaller standard error because the square root of 225 is 15. The inverse of 15 multiplied by sigma is approximately 0.07sigma which is smaller compared to the distribution n = 100. Square of 100 is 10, inverse of 10 multiplied by sigma is 0.1sigma.

0.07sigma is smaller than 0.1sigma


Related Questions

solution to 2/3x = -5/2 + 2

Answers

Answer:

x=-0.75

Step-by-step explanation:

Combine Like terms

2/3x= -5/2+2

2/3x= -2.5+2

2/3x= -0.5

Multiply both sides by 3

2x= -1.5

Divide both sides by 2

x= -0.75

Answer:

x = -4/3

Step-by-step explanation:

The LCM for the fractions is 6x.

2/3x = -5/2 + 2

Multiply through by 6x

(6x) 2/3x = (6x) -5/2 + (6x)2

4 = -15x + 12x

4 = -3x

x = -4/3

Enjoy Maths!

According to Ohm’s Law, the voltage V , current I , and resistance R in a circuit are related by the equation V = I R , where the units are volts, amperes, and ohms. Assume that the voltage is constant with V = 20 V. Calculate the average rate of change of I with respect to R for the interval from R = 6 to R = 6.1 . (Use decimal notation. Give your answer to three decimal places.)

Answers

Answer:

The average rate of change as follows of I is -0.185.

Step-by-step explanation:

The relation between voltage V, current I, and resistance R in a circuit, according to the Ohm's law is:

[tex]V = IR[/tex]

It is provided that:

V = 20 V

The interval between which R varies is, R = 8 to R = 8.1.

Compute the value of I as follows:

[tex]V=IR\Rightarrow I=\frac{I}{R}\Rightarrow I=\frac{20}{R}[/tex]

Compute the average rate of change as follows of I as follows:

[tex]\frac{\delta I}{\delta R}=\frac{(I\times8.1)-(I\times8)}{8.1-8}[/tex]

    [tex]=\frac{1}{0.1}[\frac{12}{8.1}-\frac{12}{8}][/tex]

    [tex]=\frac{12}{0.1}[\frac{8-8.1}{64.8}][/tex]

    [tex]=-0.1852[/tex]

Thus, the average rate of change as follows of I is -0.185.

The accounting records of Blossom Company show the following data. Beginning inventory 3,090 units at $5 Purchases 7,930 units at $8 Sales 9,390 units at $10 Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to 0 decimal places, e.g. 1,250.)

Answers

Answer:

The cost of goods sold is 65,850

Step-by-step explanation:

FIFO Perpetual chart is attached.

FIFO Perpetual chart shows purchases, sales and balance of  the period.

The cost of goods sold is:

3,090 units x $5=$15,450

6,300 units x $8=$50,400

Total=65,850

Children inherit many traits from their parents. Some inherited traits are not desirable. For example, if both parents are carriers, there is a 25% chance any child will have sickle-cell disease. If we assume no identical twins in a family, and both individuals in a couple are carriers, what is the probability none of their four children has the disease

Answers

The probability that none of their four children has the disease = 0.316

Step-by-step explanation:

Step 1 :

The probability that the child will have the specified disease if both the parents are carriers = 25% = 0.25

So the probability that the child does not have the specified disease = 1 - 0.25 = 0.75

Step 2 :

There are four children. The probability that each child has the disease is independent of the condition of the other children

The probability of more than one independent events happening together can be obtained by multiplying  probability of individual events

So, the probability that none of their 4 children has the sickle cell disease  = [tex](0.75)^{4}[/tex] = 0.316

Step 3 :

Answer :

The probability no children has the specified cell disease = 0.316

Identify the correct statements for the given functions of set {a, b, c, d} to itself.

1.

f(a) = b, f(b) = a, f(c) = c, f(d) = d is a one-to-one function as each element is an image of exactly one element.

2.

f(a) = b, f(b) = a, f(c) = c, f(d) = d is not a one-to-one function as a is mapped to b and b is mapped to a.

3.

f(a) = b, f(b) = b, f(c) = d, f(d) = c is a one-to-one function as each element is mapped to only one element.

4.

f(a) = b, f(b) = b, f(c) = d, f(d) = c is not a one-to-one function as b is an image of more than one elements.

5.

f(a) = d, f(b) = b, f(c) = c, f(d) = d is a one-to-one function as each element is mapped to only one element.

6.

f(a) = d, f(b) = b, f(c) = c, f(d) = d is not a one-to-one function as d is an image of more than one element.

Answers

Answer:

The correct answers are

option(1), option (4),option (5)

Step-by-step explanation:

One to one: Every image has exactly one unique pre-image in domain.

(1)

f(a) = b, f(b)=a, f(c)=c, f(d)=d

b has a pre-image in domain i.e a

a has a pre-image in domain i.e b

c has a pre-image in domain i.e c

d has a pre-image in domain i.e d

Here all elements have a unique pre- image in domain.

Therefore it is one to one.

(2)

f(a) = b, f(b)=a, f(c)=c, f(d)=d

b has a pre-image in domain i.e a

a has a pre-image in domain i.e b

c has a pre-image in domain i.e c

d has a pre-image in domain i.e d

Here all elements have a unique pre- image in domain.

Therefore it is one to one.

(3)

f(a) = b, f(b)=b, f(c)=d, f(d)=c

b has a pre-image in domain i.e a

b has a pre-image in domain i.e b

d has a pre-image in domain i.e c

c has a pre-image in domain i.e d

b has two pre image.

Here all elements have not a unique pre- image in domain.

Therefore it is not a one to one mapping.

(4)

f(a) = b, f(b)=b, f(c)=d, f(d)=c

b has a pre-image in domain i.e a

b has a pre-image in domain i.e b

d has a pre-image in domain i.e c

c has a pre-image in domain i.e d

b has two pre image.

Here all elements have not a unique pre- image in domain.

Therefore it is not a one to one mapping.

(5)

f(a) = d, f(b)=b, f(c)=d, f(d)=c

d has a pre-image in domain i.e a

b has a pre-image in domain i.e b

d has a pre-image in domain i.e c

c has a pre-image in domain i.e d

Here all elements have a unique pre- image in domain.

Therefore it is a one to one mapping.

(6)

f(a)=d, f(b)=b,f(c)=c,f(d)=d

d has a pre-image in domain i.e a

b has a pre-image in domain i.e b

c has a pre-image in domain i.e c

d has a pre-image in domain i.e d

Here all elements have a unique pre- image in domain.

Therefore it is a one to one mapping.

f(a) = b, f(b) = a, f(c) = c, f(d) = d and f(a) = d, f(b) = b, f(c) = c, f(d) = d are one-to-one function and f(a) = b, f(b) = b, f(c) = d, f(d) = c is not one-to-one function. Then the correct statements are 1, 4, and 5.

What is a function?

The function is an expression, rule, or law that defines the relationship between one variable to another variable. Functions are ubiquitous in mathematics and are essential for formulating physical relationships.

One-to-one - every image has exactly one unique pre-image in the domain.

1. f(a) = b, f(b) = a, f(c) = c, f(d) = d

b has a pre image in a domian that is a

a has a pre image in a domian that is b

c has a pre image in a domian that is c

d has a pre image in a domian that is d

Here all elements have a unique pre-image in a domain.

Therefore it is one-to-one.

2. f(a) = b, f(b) = a, f(c) = c, f(d) = d

b has a pre image in a domian that is a

a has a pre image in a domian that is b

c has a pre image in a domian that is c

d has a pre image in a domian that is d

Here all elements have a unique pre-image in a domain.

Therefore it is one-to-one.

3. f(a) = b, f(b) = b, f(c) = d, f(d) = c

b has a pre image in a domian that is a

b has a pre image in a domian that is b

d has a pre image in a domian that is c

c has a pre image in a domian that is d

Here all elements do have not a unique pre-image in a domain.

Therefore it is not one-to-one.

4. f(a) = b, f(b) = b, f(c) = d, f(d) = c

b has a pre image in a domian that is a

b has a pre image in a domian that is b

d has a pre image in a domian that is c

c has a pre image in a domian that is d

Here all elements do have not a unique pre-image in a domain.

Therefore it is not one-to-one.

5. f(a) = d, f(b) = b, f(c) = c, f(d) = d

d has a pre image in a domian that is a

b has a pre image in a domian that is b

c has a pre image in a domian that is c

d has a pre image in a domian that is d

Here all elements have a unique pre-image in a domain.

Therefore it is one-to-one.

6. f(a) = d, f(b) = b, f(c) = c, f(d) = d

d has a pre image in a domian that is a

b has a pre image in a domian that is b

c has a pre image in a domian that is c

d has a pre image in a domian that is d

Here all elements have a unique pre-image in a domain.

Therefore it is one-to-one.

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Suppose the null hypothesis, H0, is: a sporting goods store claims that at least 70% of its customers do not shop at any other sporting goods stores. What is the Type I error in this scenario? a. The sporting goods store thinks that less than 70% of its customers do not shop at any other sporting goods stores when, in fact, less than 70% of its customers do not shop at any other sporting goods stores. b. The sporting goods store thinks that at least 70% of its customers do not shop at any other sporting goods stores when, in fact, at least 70% of its customers do not shop at any other sporting goods stores. c. The sporting goods store thinks that less than 70% of its customers do not shop at any other sporting goods stores when, in fact, at least 70% of its customers do not shop at any other sporting goods stores. d. The sporting goods store thinks that at least 70% of its customers do not shop at any other sporting goods stores when, in fact, less than 70% of its customers do not shop at any other sporting goods stores.

Answers

Answer:

Null hypothesis: [tex]p \geq 0.7[/tex]

Alternative hypothesis: [tex]p<0.7[/tex]

A type of error I for this case would be reject the null hypothesis that the population proportion is greater or equal than 0.7 when actually is not true.

So the correct option for this case would be:

c. The sporting goods store thinks that less than 70% of its customers do not shop at any other sporting goods stores when, in fact, at least 70% of its customers do not shop at any other sporting goods stores.

Step-by-step explanation:

Previous concepts

A hypothesis is defined as "a speculation or theory based on insufficient evidence that lends itself to further testing and experimentation. With further testing, a hypothesis can usually be proven true or false".  

The null hypothesis is defined as "a hypothesis that says there is no statistical significance between the two variables in the hypothesis. It is the hypothesis that the researcher is trying to disprove".  

The alternative hypothesis is "just the inverse, or opposite, of the null hypothesis. It is the hypothesis that researcher is trying to prove".  

Type I error, also known as a “false positive” is the error of rejecting a null  hypothesis when it is actually true. Can be interpreted as the error of no reject an  alternative hypothesis when the results can be  attributed not to the reality.  

Type II error, also known as a "false negative" is the error of not rejecting a null  hypothesis when the alternative hypothesis is the true. Can be interpreted as the error of failing to accept an alternative hypothesis when we don't have enough statistical power.  

Solution to the problem

On this case we want to test if the sporting goods store claims that at least 70^ of its customers, so the system of hypothesis would be:

Null hypothesis: [tex]p \geq 0.7[/tex]

Alternative hypothesis: [tex]p<0.7[/tex]

A type of error I for this case would be reject the null hypothesis that the population proportion is greater or equal than 0.7 when actually is not true.

So the correct option for this case would be:

c. The sporting goods store thinks that less than 70% of its customers do not shop at any other sporting goods stores when, in fact, at least 70% of its customers do not shop at any other sporting goods stores.

Seventy independent messages are sent from an electronic transmission center.Messages are processed sequentially, one after another. Transmission time of each message is Exponential with parameter λ = 5 min−1. Find the probability that all 70 messages are transmitted in less than 12 minutes. Use the Central Limit Theorem.

Answers

Answer:

The probability that all 70 messages are transmitted in less than 12 minutes is 0.117.

Step-by-step explanation:

Let X = the transmission time of each message.

The random variable X follows an Exponential distribution with parameter λ = 5 minutes.

The expected value of X is:

[tex]E(X)=\frac{1}{\lambda}=\frac{1}{5}=0.20[/tex]

The variance of X is:

[tex]V(X)=\frac{1}{\lambda^{2}}=\frac{1}{5^{2}}=0.04[/tex]

Now define a random variable T as:

T = X₁ + X₂ + ... + X₇₀

According to a Central limit theorem if a large sample (n > 30) is selected from a population with mean μ and variance σ² then the sum of random variables X follows a Normal distribution with mean, [tex]\mu_{s} = n\mu[/tex] and variance, [tex]\sigma^{2}_{s}=n\sigma^{2}[/tex].

Compute the probability of T < 12 as follows:

[tex]P(T<12)=P(\frac{T-\mu_{T}}{\sqrt{\sigma_{T}^{2}}}<\frac{12-(70\times0.20)}{\sqrt{70\times 0.04}})\\=P(Z<-1.19)\\\=1-P(Z<1.19)\\=1-0.883\\=0.117[/tex]

*Use a z-table for the probability.

Thus, the probability that all 70 messages are transmitted in less than 12 minutes is 0.117.

Following are the solution to the given question:

Let X signify the letter's transmission time  [tex]i^{th}[/tex] , and [tex]i =1,2,3,...,70.[/tex] this is assumed that the  [tex]X_i \sim Exp (\lambda =5)[/tex].

[tex]\to Mean =\frac{1}{\lambda} =\frac{1}{5}=0.2\\\\ \to Variance =\frac{1}{\lambda^2} =\frac{1}{5^2} =\frac{1}{25}=0.04\\\\[/tex]

Let [tex]T = X_1 + X_2 +...+ X_{70}[/tex], be the total transmission time.  According to the Central Limit Theorem, T has a Normal distribution of mean, Variance.

               mean [tex]= E(T) = 70 \times 0.2=14[/tex]  

               Variance [tex]=V(T) =70 \times 0.04 = 2.8[/tex]  

       Therefore

             [tex]\to P(T<12) = P (Z < \frac{12-14}{\sqrt{2.8}})[/tex]

                                    [tex]= P(Z<-1.195) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ (by sy memetry) \\\\=0.5-P(0<Z<1.19)\\\\=0.5-0.3830 \\\\=0.1170\\\\[/tex]

Therefore, the final answer is "0.1170".

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Suppose that grade point averages of undergraduate students at one university have a bell-shaped distribution with a mean of 2.52 and a standard deviation of 0.38. Using the empirical rule, what percentage of the students have grade point averages that are between 1.76 and 3.28

Answers

Final answer:

Using the empirical rule for a bell-shaped distribution, which states that nearly all data for a normal distribution falls within three standard deviations of the mean, approximately 95% of undergraduate students at this university have grade point averages between 1.76 and 3.28.

Explanation:

The student is asking for the percentage of GPA between 1.76 and 3.28 using the Empirical Rule which applies to a Bell-shaped distribution or normal distribution. The empirical rule states that for a normal distribution, nearly all of the data will fall within three standard deviations of the mean.

The mean in this case is 2.52 and the standard deviation is 0.38. Therefore the values 1.76 and 3.28 fall within the mean minus two standard deviations and mean plus two standard deviations respectively. Therefore, by the empirical rule, these values represent approximately 95% of the data.

In other words, according to the empirical rule, approximately 95% of undergraduate students at this university have grade point averages between 1.76 and 3.28.

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The daily sales S (in thousands of dollars) that are attributed to an advertising campaign are given by S = 11 + 3 t + 3 − 18 (t + 3)2 where t is the number of weeks the campaign runs. (a) Find the rate of change of sales at any time t.

Answers

Answer:

The parking rate at the hospital a parking garage are 50 cents for the 1st hour and 25 cents for each additional hour if guan part in the hospital parking garage for 8 hours how much will the total of charge for parking be

When the velocity v of an object is very​ large, the magnitude of the force due to air resistance is proportional to v squared with the force acting in opposition to the motion of the object. A shell of mass 2 kg is shot upward from the ground with an initial velocity of 600 ​m/sec. If the magnitude of the force due to air resistance is ​(0.1​)v squared​, when will the shell reach its maximum height above the​ ground? What is the maximum​ height? Assume the acceleration due to gravity to be 9.81 m divided by s squared.

Answers

The maximum height reached by the shell is approximately 18255.79 meters.

To find when the shell reaches its maximum height and the value of the maximum height, we need to consider the forces acting on the shell and analyze its motion.

1. Force due to gravity:

The force due to gravity is given by the formula:

Force_gravity = mass × acceleration_due_to_gravity

Here, the mass of the shell is 2 kg, and the acceleration due to gravity is 9.81 m/s².

2. Force due to air resistance:

The force due to air resistance is given by the formula:

Force_air_resistance = (0.1) × velocity²

Here, the velocity of the shell is given as 600 m/s.

Using Newton's second law, we can calculate the net force acting on the shell:

Net force = Force_gravity - Force_air_resistance

When the shell reaches its maximum height, the net force is equal to zero because there is no acceleration at that point. Therefore, we can set the net force equation to zero and solve for the time:

0 = Force_gravity - Force_air_resistance

mass × acceleration_due_to_gravity = (0.1) × velocity²

2 kg × 9.81 m/s² = (0.1) × (600 m/s)²

Simplifying further, we find:

19.62 = 0.1 × 360,000

Time = 600 m/s / 9.81 m/s²

Time ≈ 61.15 seconds

Therefore, the shell will reach its maximum height approximately 61.15 seconds after being shot upward.

To find the maximum height, we can use the kinematic equation:

h = v₀t - (1/2)gt²

Substituting the given values into the equation, we find:

h = (600 m/s) × (61.15 s) - (1/2) × (9.81 m/s²) × (61.15 s)²

h ≈ 18255.79 meters

Therefore, the maximum height reached by the shell is approximately 18255.79 meters.

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Final answer:

The shell will reach its maximum height after approximately 4.51 seconds and this maximum height is around 100 meters.

Explanation:

This problem involves the physics of motion under the influence of gravity and air resistance. An important concept here is the 'terminal velocity', which is the velocity at which the upward force (due to the initial impulse provided to the shell) balances out the downward force (due to gravity and air resistance).

First, we must establish that the terminal velocity 'v' of the shell upwards will be achieved when the sum of the forces acting on it are zero. This gives us:

0 = -0.1v^2 + 2 * 9.81

. Solving this quadratic equation reveals v = sqrt(2*9.81/0.1) m/s ≈ 44.3 m/s.

After achieving this terminal velocity, the shell will start decelerating at a rate of 9.81 m/s^2 (the gravity acceleration). The time 't' that takes for the shell to stop moving upwards (so to reach its maximum height) can be calculated using the formula:

t = v / gravity = 44.3/9.81 ≈ 4.51 seconds

.

As for the maximum height 'h', it can be calculated using this formula:

h = v * t + 0.5 * (-gravity) * t^2

By inserting the values of v, gravity, and t in this equation, we find h ≈ 100 m.

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5. (20 pts) Consider the array 25, 14, 63, 29, 63, 47, 12, 21. Apply the Split procedure in Quicksort, as described in class, to this array using the first element as the pivot.

Answers

Answer:

Step-by-step explanation: see attachment

Assume lim f(x)-6 and lim g(x)-9. Compute the following limit and state the limit laws used to justify the computation.
x→3 x →3

Lim 3√f(x).g(x)+10
x →3

Answers

Final answer:

Using the limit laws of addition and multiplication, the limit of the given equation is solved by combining the calculated limits of the function and the constant, giving an answer of approximately 13.78.

Explanation:

To solve this problem, we can use the limit laws of addition and multiplication. The limit laws state that the limit of the sum of two functions is equal to the sum of their individual limits, and the limit of the product of two functions is equal to the product of their individual limits.

So, based on these laws, we first separate the function into two parts: the limit of 3√(f(x).g(x)) as x approaches 3 and the limit of 10 as x approaches 3.

Given lim f(x)=>6 and lim g(x)=>9 when x approaches 3, we multiply these values together to get a product of 54. The cubed root of 54 is approximately 3.78.

The constant 10 has a limit of 10, as constants maintain their value irrespective of the limit.

Adding these values together, 3.78 + 10, gives us a limit of approximately 13.78.

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Which product is positive?

Answers

The bottom one, as there are two negatives that cancel each other out.

Apply the properties of angles to solve for the missing angles. Angle y is what degrees. Angle x is what degrees.

Answers

Answer:

y= 65 degrees. and x=30 degrees

Step-by-step explanation:

i haven't done this for a while so i may or may not be correct i tried to help though :)

Answer: y = 52°. x = 64°

Step-by-step explanation:

y = 26 + 26 = 52 degrees ( exterior angle of a triangle is the sum of the two opposite interior angle of the triangle)

x = 180-(52+64)(sum of angles in a triangle is 180°)

x = 180-116

x = 64degrees ( base angles of an isosceles triangle are equal)

Montoya (2007) asked 56 men and 82 women to rate 21 different body parts on a scale of 1 (no opinion) to 5 (very desirable). They found that men and women rated the eyes similarly, with an average rating of about 3.77 ± 1.23 (M ± SD). Assuming these data are normally distributed, answer the following questions. (Round your answers to two decimal places.) (a) What percentage of participants rated the eyes at least a 5 (very desirable)? % (b) What percentage rated the eyes at most a 1 (no opinion)? %

Answers

Answer:

a. 15.9%

b. 1.2%

Step-by-step explanation:

using the normal distribution we have the following expression

[tex]P(X\geq a)=P(\frac{X-u}{\alpha } \geq \frac{5-M}{SD}) \\[/tex]

Where  the first expression in the right hand side is the z-scores, M is the mean of value 3.77 and SD is the standard deviation of value 1.23.

if we simplify and substitute values, we arrive at

[tex]P(X\geq a)=P(\frac{X-u}{\alpha } \geq \frac{a-M}{SD}) \\P(X\geq 5)=P(Z \geq \frac{5-3.77}{1.23})\\P(X\geq 5)=P(Z \geq 1)\\P(X\geq 5)=1- P(Z < 5)\\P(X\geq 5)=1-0.841\\P(X\geq 5)=0.159[/tex]

in percentage, we arrive at 15.9%

b. for the percentage rated the eyes most a 1

[tex]P(X\leq a)=P(\frac{X-u}{\alpha } \leq \frac{a-M}{SD})\\for a=1\\P(X\leq 1)=P(Z \leq \frac{1-3.77}{1.23})\\P(X\leq 1)=P(Z \leq -2.25})\\P(X\leq 1)=0.012\\[/tex]

In percentage we have 1.2%

An average light bulb manufactured at The Lightbulb Company lasts and average of 300 days, with a standard deviation of 50 days. Suppose the lifespan of a light bulb from this company is normally distributed. (a) What is the probability that a light bulb from this company lasts less than 210 days? More than 330 days?(b) What is the probability that a light bulb from this company lasts between 280 and 380 days?(c) How would you characterize the lifespan of the light bulbs whose lifespans are among the shortest 2% of all bulbs made by this company?(d) If a pack of 6 light bulbs from this company are purchased, what is the probability that exactly 4 of them last more than 330 days?

Answers

Answer:

a). 0.03593, 0.27425

(bl 0.0703

(c) the lifespan of such bulb is less than 210 days

(d) 0.0298.

Step-by-step explanation:

Given that U = 300, sd= 50

Z = X-U/sd

(a) We find the probability

Pr(X<210) = Pr(Z<(210-300)/50)

= Pr(Z<-1.8)

= 0.03593

Pr(X >330) = Pr(Z >(330-300)/50))

= Pr(Z> 0.6)

= 1- PR(Z<0.6) = 1 - 0.72575

Pr(X>330)= 0.27425

(b) Pr(280< X< 330) = Pr( 280 < Z< 380)

= Pr([280-300/50] < Z < [380-300/50])

= Pr(0.4 < Z < 1.6)

= Pr(Z< 1.6) - Pr(Z < 0.4)

=0.72575 - 0.65542

= 0.07033

= 0.0703

(c) the lifespan of such bulbs is less than 210 days

(d) given n = 6, x = 4 ,

Pr(X>330) = 0.27425 = p

q = 1-p = 0.72575

Pr(X=4) = 6C4 × (0.27425)⁴ ×(0.72575)²

Pr(X=4) = 10 × 0.005657 × 0.52671

Pr(X= 4) = 0.029795

Pr(X= 4) = 0.0298

A box contains five slips of paper, marked $1, $1, $10, $25, and $25. The winner of a contest selects two slips of paper at random and then gets the larger of the dollar amounts on the two slips. Define a random variable w by w = amount awarded. Determine the probability distribution of w. (Hint: Think of the slips as numbered 1, 2, 3, 4, and 5, so that an outcome of the experiment consists of two of these numbers.)

Answers

Answer:

w = $1 or $10 or $25

Probability distribution of w = ($1,$1  $1,$1  $1,$10  $1,$25  $1,$25  $1,$1  $1,$1  $1,$10  $1,$25  $1,$25  $10,$1  $10,$1  $10,$10  $10,$25  $10,$25  $25,$1  $25,$1  $25,$10  $25,$25  $25,$25  $25,$1  $25,$1  $25,$10  $25,$25  $25,$25)

Step-by-step explanation:

Since the winner gets the larger amount of the two slips picked, random variable 'w' which is the amount awarded could be $1 or $10 or $25.

The probability distribution of 'w' is the values that the statistic takes on. Which could be: $1,$1  $1,$1  $1,$10  $1,$25  $1,$25  $1,$1  $1,$1  $1,$10  $1,$25  $1,$25  $10,$1  $10,$1  $10,$10  $10,$25  $10,$25  $25,$1  $25,$1  $25,$10  $25,$25  $25,$25  $25,$1  $25,$1  $25,$10  $25,$25  $25,$25

The following information relates to Franklin Freightways for its first year of operations (data in millions of dollars): Pretax accounting income:$200 Pretax accounting income included: Overweight fines (not deductible for tax purposes) 5 Depreciation expense 70 Depreciation in the tax return using MACRS: 110 The applicable tax rate is 40%. There are no other temporary or permanent differences. Franklin Freightways experienced ($ in millions) a: Multiple Choice Tax liability of $66. Tax liability of $36. Tax liability of $70.6. Tax benefit of $10 due to the NOL.

Answers

Answer:

Franklin Freightways experienced $66 million.

Step-by-step explanation:

= ( Pretax accounting income + Overweight fines - Temporary difference: Depreciation) * tax rate

($200 + 5 - $40) × 40%

=Tax liability of $66.

If mABC= 184°, what is m∠ABC?


88°

90°

84°

92°

Answers

mADC=360-mABC=360-184=176⁰

So, measure of angle ABC= mADC/2=176/2=88⁰

The required measure of angle ABC is 88° for the given figure. The correct answer is option A.

What is an arc?

The arc is a portion of the circumference of a circle. The circumference of a circle is the distance or perimeter around a circle

The measure of the arc is given as follows:

mABC = 184°

According to the given figure, mADC is the part of the full circle which is complete arc that measure of angle is 360°.

mADC = 360° - mABC

mADC = 360° - 184°

mADC = 176°

As we know that the measure of angle ABC is equal to half of mADC.

The measure of angle ABC = mADC/2

The measure of angle ABC = 176/2

The measure of angle ABC = 88°

Therefore, the required measure of angle ABC is 88°.

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In a new card game, you start with a well-shuffled full deck and draw 3 cards without replacement. If you draw 3 hearts, you win $50. If you draw 3 black cards, you win $25. For any other draws, you win nothing.

(a) Find the expected winnings for a single game.

(b) Find the standard deviation of the winnings.

(c) If the game costs $5 to play, what would be the expected value of the net profit (or loss)?

(Hint: profit = winnings - cost; X - 5)

(d) If the game costs $5 to play, what would be the standard deviation of the net profit (or loss)?

(e) If the game costs $5 to play, should you play this game?

Answers

There are [tex]\binom{52}3=\frac{52!}{3!(52-3)!}[/tex] (or "52 choose 3") ways of drawing any 3 cards from the deck.

There are 13 hearts in the deck, and 26 cards with a black suit. So there are [tex]\binom{13}3[/tex] and [tex]\binom{26}3[/tex] ways of drawing 3 hearts or 3 black cards, respectively. Then the probability of drawing 3 hearts is

[tex]P(\text{3 hearts})=\dfrac{\binom{13}3}{\binom{52}3}=\dfrac{11}{850}[/tex]

and the probability of drawing 3 black cards is

[tex]P(\text{3 black})=\dfrac{\binom{26}3}{\binom{52}3}=\dfrac2{17}[/tex]

All other combinations can be drawn with probability [tex]1-\frac{11}{850}-\frac2{17}=\frac{739}{850}[/tex].

Let [tex]W[/tex] be the random variable for one's potential winnings from playing the game. Then

[tex]P(W=w)=\begin{cases}\frac{11}{850}&\text{for }w=\$50\\\frac2{17}&\text{for }w=\$25\\\frac{739}{850}&\text{otherwise}\end{cases}[/tex]

a. For a single game, one can expect to win

[tex]E[W]=\displaystyle\sum_ww\,P(W=w)=\frac{\$50\cdot11}{850}+\frac{\$20\cdot2}{17}+\frac{\$0\cdot739}{850}=\$3[/tex]

b. For a single game, one's winnings have a variance of

[tex]V[W]=E[(W-E[W])^2]=E[W^2]-E[W]^2[/tex]

where

[tex]E[W^2]=\displaystyle\sum_ww^2\,P(W=w)=\frac{\$50^2\cdot11}{850}+\frac{\$20^2\cdot2}{17}+\frac{\$0^2\cdot739}{850}=\$^2\frac{1350}{17}\approx\$^279.41[/tex]

so that [tex]V[W]=\$^2\frac{1197}{17}\approx\$^270.41[/tex]. (No, that's not a typo, variance is measured in squared units.) Standard deviation is equal to the square root of the variance, so it is approximately $8.39.

c. With a $5 buy-in, the expected value of the game would be

[tex]E[W-\$5]=E[W]-\$5=-\$2[/tex]

i.e. a player can expect to lose $2 by playing the game (on average).

d. With the $5 cost, the variance of the winnings is the same, since the variance of a constant is 0:

[tex]V[W-\$5]=V[W][/tex]

so the standard deviation is the same, roughly $8.39.

e. You shouldn't play this game because of the negative expected winnings. The odds are not in your favor.

The expected winning for a single game defined is : $3.59

The standard deviation of winning is : $10.11

Expected winning if game costs $5 to play is :

- $0.79

The standard deviation of winning if game costs $5 to play is : $11.33

The game should not be played with a game play fee of -$5 as the expected winning value is negative.

Recall : selection is done without replacement :

Number of hearts in a deck = 13

Probability of drawing 3 hearts :

P(drawing 3 Hearts)

First draw × second draw × third draw

13/52 × 12/51 × 11/50 = 1716/132600 = 858/66300

Probability of selecting 3 black cards :

Number of black cards in a deck = 26

P(drawing 3 black cards) :

First draw × second draw × third draw

26/52 × 25/51 × 24/50 = 15600 / 132600 = 7800/66300

Probability of making any other draw :

P(3 hearts) + P(3 blacks) + P(any other draw) = 1

858/66300 + 7800/66300 + P(any other draw) = 1

P(any other draw) = 57642/66300

For a single game :

X _______ $50 ________ $25 _______ $0

P(X)_ 858/66300__ 7800/66300_57642/66300

E(X) = Σ[ X × p(X)]

E(X) =Σ[(50 × 858/66300)+(25 × 7800/66300)+0]

E(X) = $3.588

The standard deviation = √Var(X)

Var(X) = Σ[ X² × p(X)] - E(X)

Σ[ X²×p(X)] = Σ[(50² × 858/66300)+(25² × 7800/66300)+0] = 105.88235

Var(X) = 105.88235 - 3.588 = 102.29435

Standard deviation of winning = √102.29435 = $10.114

If the game cost $5 to play :

Net amount won if :

3 hearts are drawn = $50 - $5 = $45

3 blacks are drawn = $25 - $5 = $20

Any other combination are drawn= $0 - $5 = -$5

The distribution becomes :

X _______ $45 ________ $20 _______ -$5

P(X)_ 858/66300__ 7800/66300_57642/66300

E(X) = Σ[ X × p(X)]

E(X) =Σ[(50 × 858/66300)+(25 × 7800/66300)+ (-5 × 57642/66300)]

E(X) = - $0.7588

Standard deviation of winning :

The standard deviation = √Var(X)

Var(X) = Σ[ X² × p(X)] - E(X)

Σ[ X²×p(X)] = Σ[(50² × 858/66300)+(25² × 7800/66300)+ (-5² × 57642/66300)] = 127.61764

Var(X) = 127.61764 - (-0.7588) = 128.37644

Standard deviation of winning :

Std(X) = √Var(X) = √128.37644 = $11.330

With a game cost of - $5 ; the expected winning for a single game gives a negative value, therefore you should not play the game.

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Consider the following data on x = rainfall volume (m3) and y = runoff volume (m3) for a particular location. x 8 12 14 19 23 30 40 45 55 67 72 79 96 112 127 y 4 10 13 14 15 25 27 44 38 46 53 74 82 99 105 Use the general software output to decide whether there is a useful linear relationship between rainfall and runoff.

Answers

There is a useful linear relationship between rainfall and runoff and the relationship is y = 0.85x - 2.65

Deciding whether there is a useful linear relationship between rainfall and runoff

From the question, we have the following parameters that can be used in our computation:

x 8 12 14 19 23 30 40 45 55 67 72 79 96 112 127

y 4 10 13 14 15 25 27 44 38 46 53 74 82 99 105

Using a graphing tool, we have the following summary

Sum of X = 799Sum of Y = 649Mean X = 53.2667Mean Y = 43.2667Sum of squares (SSX) = 20086.9333Sum of products (SP) = 17313.9333

The regression equation can be represented as

y = bx + a

Where

b = SP/SSX = 17313.93/20086.93 = 0.86

a = MY - bMX = 43.27 - (0.86*53.27) = -2.65

So, we have

y = 0.85x - 2.65

Hence, there is a useful linear relationship between rainfall and runoff

A builder of houses needs to order some supplies that have a waiting time Y for delivery, with a continuous uniform distribution over the interval from 1 to 4 days. Because she can get by without them for 2 days, the cost of the delay is fixed at $400 for any waiting time up to 2 days. After 2 days, however, the cost of the delay is $400 plus $50 per day (prorated) for each additional day. That is, if the waiting time is 3.5 days, the cost of the delay is $400 $50(1.5)
Find the expected value of the builder’s cost due to waiting for supplies.

Answers

Answer:

The Expected cosy of the builder is $433.3

Step-by-step explanation:

$400 is the fixed cost due to delay.

Given Y ~ U(1,4).

Calculating the Variable Cost, V

V = $0 if Y≤ 2

V = 50(Y-2) if Y > 2

This can be summarised to

V = 50 max(0,Y)

Cost = 400 + 50 max(0, Y-2)

Expected Value is then calculated by;

Waiting day =2

Additional day = at least 1

Total = 3

E(max,{0, Y - 2}) = integral of Max {0, y - 2} * ⅓ Lower bound = 1; Upper bound = 4, (4,1)

Reducing the integration to lowest term

E(max,{0, Y - 2}) = integral of (y - 2) * ⅓ dy Lower bound = 2; Upper bound = 4 (4,2)

E(max,{0, Y - 2}) = integral of (y) * ⅓ dy Lower bound = 0; Upper bound = 2 (2,0)

Integrating, we have

y²/6 (2,0)

= (2²-0²)/6

= 4/6 = ⅔

Cost = 400 + 50 max(0, Y-2)

Cost = 400 + 50 * ⅔

Cost = 400 + 33.3

Cost = 433.3

Answer:

the expected value of the builder’s cost due to waiting for supplies is $433.3

Step-by-step explanation:

Due to the integration symbol and also for ease of understanding, i have attached the explanation as an attachment.

What point is between 4,16 and 16,16

Answers

Is there a pic to the question

The point between (4,16) and (16,16) is (10,16) as calculated using the midpoint formula. This point is exactly halfway between the given points.

To determine a point between the two points (4,16) and (16,16), we need to calculate the midpoint.

The formula for finding the midpoint M between two points (x1, y1) and (x2, y2) is:

[tex]M = \left(\frac{x_1 + x_2}{2}, \frac{y_1 + y_2}{2}\right)[/tex]

Putting the coordinates (4,16) and (16,16) into the midpoint formula:

[tex]M = \left(\frac{4 + 16}{2}, \frac{16 + 16}{2}\right) = (10, 16)[/tex]

Therefore, the point that lies between (4,16) and (16,16) is (10,16).

Which of the following is equivalent to 60 Superscript one-half? StartFraction 60 Over 2 EndFraction StartRoot 60 EndRoot StartFraction 1 Over 60 squared EndFraction StartFraction 1 Over StartRoot 60 EndRoot EndFraction

Answers

Answer:

[tex](60)^{\frac{1}{2}} = \sqrt{60}[/tex]

Step-by-step explanation:

We are given the following expression:

[tex](60)^{\frac{1}{2}}[/tex]

We are given the following options:

[tex]A.~\dfrac{60}{2}\\\\B.~\sqrt{60}\\\\C.~(\dfrac{1}{60})^{2}\\\\D.~\dfrac{1}{\sqrt{60}}[/tex]

Exponent Properties:

  [tex]x^{-a} = (\dfrac{1}{x})^{a}\\\\(x^m)^n = x^{mn}\\\\\dfrac{x^m}{x^n} = x^{m-n}[/tex]

Thus, the correct answer is

[tex](60)^{\frac{1}{2}} = \sqrt{60}[/tex]

Answer:

B or [tex]\sqrt{60}[/tex]

Step-by-step explanation:

Linear differential equations sometimes occur in which one or both of the functions p(t) and g(t) for y′+p(t)y=g(t) have jump discontinuities. If t0 is such a point of discontinuity, then it is necessary to solve the equation separately for t < t0 and t > t0. Afterward, the two solutions are matched so that y is continuous at t0; this is accomplished by a proper choice of the arbitrary constants. The following problem illustrates this situation. Note that it is impossible also to make y′ continuous at t0.
Solve the initial value problem.

y' + 6y = g(t), y(0) = 0
where
g(t) = 1, 0 ≤ t ≤ 1,
= 0, t > 0.

Answers

For [tex]0\le t\le1[/tex], we have

[tex]y'+6y=1\implies e^{6t}y'+6e^{6t}=(e^{6t}y)'=e^{6t}\implies y=\dfrac16+Ce^{-6t}[/tex]

Given that [tex]y(0)=0[/tex], we have

[tex]0=\dfrac16+C\implies C=-\dfrac16[/tex]

so that

[tex]y=\dfrac16(1-e^{-6t})[/tex]

For [tex]t>1[/tex] (I think you mistakenly wrote [tex]t>0[/tex], which overlaps with the first definition of [tex]g(t)[/tex]), we have

[tex]y'+6y=0\implies e^{6t}y'+6e^{6t}y=(e^{6t}y)'=0\implies y=Ke^{-6t}[/tex]

We want this to be a continuation of the previously found solution [tex]y[/tex] at [tex]t=1[/tex], which means we need to pick [tex]K[/tex] such that

[tex]\dfrac16(1-e^{-6})=Ke^{-6}\implies K=\dfrac16(e^6-1)[/tex]

Then the solution to the IVP is

[tex]y(t)=\begin{cases}\frac16(1-e^{-6t})&\text{for }0\le t\le1\\\frac{e^6-1}6e^{-6t}&\text{for }t>1\end{cases}[/tex]

Alternatively, we can get around treating [tex]g(t)[/tex] piecemeal and resorting to the Laplace transform. Write

[tex]g(t)=\begin{cases}1&\text{for }0\le t\le1\\0&\text{for }t>1\end{cases}=u(t)-u(t-1)[/tex]

where

[tex]u(t-c)=\begin{cases}0&\text{for }t<c\\1&\text{for }t\ge c\end{cases}[/tex]

is the unit step function.

Take the Laplace transform of both sides of the ODE:

[tex]y'+6y=g(t)\overset{\text{L.T.}}{\implies}(sY-y(0))+6Y=\mathcal L_s\{g(t)\}[/tex]

where [tex]Y=Y(s)[/tex] is the Laplace transform of [tex]y(t)[/tex].

We have

[tex]\mathcal L_s\{g(t)\}=\displaystyle\int_0^\infty g(t)e^{-st}\,\mathrm dt=\int_0^1e^{-st}\,\mathrm dt=\dfrac{1-e^{-s}}s[/tex]

so that

[tex](s+6)Y=\frac{1-e^{-s}}s\implies Y=\dfrac{1-e^{-s}}{s(s+6)}=\dfrac{1-e^{-s}}6\left(\dfrac1s-\dfrac1{s+6}\right)[/tex]

Taking the inverse transform yields

[tex]y=\dfrac{1-u(t-1)}6-\dfrac{e^{-6t}}6(e^tu(t-1)-1)[/tex]

[tex]y=\dfrac{1-e^{-6t}}6+\dfrac{e^{6-6t}-1}6u(t-1)[/tex]

which is equivalent to the same solution found earlier; for [tex]0\le t\le1[/tex], [tex]u(t-1)=0[/tex], so that [tex]y=\frac{1-e^{-6t}}6[/tex]; for [tex]t>1[/tex], [tex]u(t-1)=1[/tex], and [tex]y=\frac{1-e^{-6t}}6+\frac{e^{6-6t}-1}6=\frac{(e^6-1)e^{-6t}}6[/tex].

Final answer:

The given differential equation needs to be solved separately for two time ranges because of the piecewise-defined function g(t). Solution for the corresponding equations are founded using the techniques of homogeneous equation solutions and the integrating factor method. These solutions are then matched at the point of continuity.

Explanation:

The given differential equation is a first-order linear differential equation of the form y′+p(t)y=g(t). We need to solve this equation considering two cases due to the piecewise definition of g(t).

Case 1: For 0 ≤ t ≤ 1, g(t) = 1. The corresponding homogeneous equation is y' + 6y = 0, with the solution being y(t) = Ce-6t. We find the particular solution using the integrating factor method, yielding y(t) = t/6 - 1/36 + Ce-6t. Substituting the initial condition y(0) = 0 helps us solve for C, giving the final solution for this range as y(t) = t/6 - 1/36.

Case 2: For t > 1, g(t) = 0. The homogeneous solution is the same as in Case 1, but in this case, no particular solution needs to be added, so the solution is y(t) = Ce-6t. The constant is determined by making the function continuous at t=1. We ultimately get y(t) = (1-e-6(t-1))/36.

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Scarborough Faire Herb Farm is a small company specializing in selling organic fresh herbs, teas and herbal crafts. Currently, basil is their top selling herb, with $45,000 in sales last year. Parsley is their second biggest seller with $27,000 in sales. Total sales last year were $170,000 and Scarborough Faire forecasts sales to increase by 10% this year. If basil sales remain the same as last year but total sales grow as percentage will basil sales be this year?

Answers

Answer:

24.06% of total sales

Step-by-step explanation:

Total sales, which were $170,000 originally, are expected to grow by 10%. The expected value of total sales this year is:

[tex]S=\$170,000*1.10 = \$187,000[/tex]

If Basil sales remain at the same value of $45,000, the percentage of sales corresponding to basil is:

[tex]B=\frac{\$45,000}{\$187,000}*100\%\\B=24.06\%[/tex]

Therefore, basil will correspond to 24.06% of total sales.

Final answer:

Basil sales will represent approximately 24.06% of Scarborough Faire Herb Farm's projected total sales this year, given that total sales are forecasted to increase by 10% and basil sales remain unchanged.

Explanation:

The student's question concerns the percentage of total sales that basil sales will represent for Scarborough Faire Herb Farm in the current year, assuming a 10% increase in total sales from the previous year and unchanged basil sales. Firstly, we calculate the projected total sales for this year by increasing last year's total sales by 10%. The calculation is as follows:

Total sales last year: $170,000Forecasted increase: 10%Projected total sales this year: $170,000 + ($170,000 × 0.10) = $170,000 + $17,000 = $187,000

Since the basil sales are to remain the same as last year ($45,000), we now calculate what percentage this represents of the projected total sales for this year:

Basil sales this year: $45,000 (unchanged)Percentage of basil sales out of total sales: ($45,000 / $187,000) × 100%Final percentage: 24.06% (rounded to two decimal places)

Thus, basil sales will account for approximately 24.06% of the Scarborough Faire Herb Farm's total sales this year.

marco and paolo are working with expressions with rational exponents. marco claims that 642/3=512.which of them is correct? use the rational exponent to justify your answer

Answers

Answer:

poalo is correct

Step-by-step explanation

Answer:

Neither Marco nor Paolo is correct, because neither one used the rational exponent property correctly.

Step-by-step explanation:

I just did the test and it told me that I got it right.

Hope that helps! Please mark me brainliest.

A certain college graduate borrows 7864 dollars to buy a car. The lender charges interest at an annual rate of 13%. Assuming that interest is compounded continuously and that the borrower makes payments continuously at a constant annual rate k dollars per year, determine the payment rate that is required to pay off the loan in 3 years. Also determine how much interest is paid during the 3-year period.

Answers

Answer:

Therefore rate of payment = $ 3145.72

Therefore the rate of interest = =$1573.17

Step-by-step explanation:

Consider A represent the balance at time t.

A(0)=$ 7864.

r=13 % =0.13

Rate payment = $k

The balance rate increases by interest (product of interest rate and current balance) and payment rate.

[tex]\frac{dB}{dt} = rB-k[/tex]

[tex]\Rightarrow \frac{dB}{dt} - rB=-k[/tex].......(1)

To solve the equation ,we have to find out the integrating factor.

Here p(t)= the coefficient of B =-r

The integrating factor [tex]=e^{\int p(t) dt[/tex]

                                     [tex]=e^{\int (-r)dt[/tex]

                                     [tex]=e^{-rt}[/tex]

Multiplying the integrating factor the both sides of equation (1)

[tex]e^{-rt}\frac{dB}{dt} -e^{-rt}rB=-ke^{-rt}[/tex]

[tex]\Rightarrow e^{-rt}dB - e^{-rt}rBdt=-ke^{-rt}dt[/tex]

Integrating both sides

[tex]\Rightarrow \int e^{-rt}dB -\int e^{-rt}rBdt=\int-ke^{-rt}dt[/tex]

[tex]\Rightarrow e^{-rt}B=\frac{-ke^{-rt}}{-r} +C[/tex]        [ where C arbitrary constant]

[tex]\Rightarrow B(t)=\frac{k}{r} +Ce^{rt}[/tex]

Initial condition B=7864 when t =0

[tex]\therefore 7864= \frac{k}{r} - Ce^0[/tex]

[tex]\Rightarrow C= \frac{k}{r} -7864[/tex]

Then the general solution is

[tex]B(t)=\frac{k}{r}-( \frac{k}{r}-7864)e^{rt}[/tex]

To determine the payment rate, we have to put the value of B(3), r and t in the general solution.

Here B(3)=0, r=0.13 and t=3

[tex]B(3)=0=\frac{k}{0.13}-( \frac{k}{0.13}-7864)e^{0.13\times 3}[/tex]

[tex]\Rightarrow- 0.48\frac{k}{0.13} +11614.98=0[/tex]

⇒k≈3145.72

Therefore rate of payment = $ 3145.72

Therefore the rate of interest = ${(3145.72×3)-7864}

                                                 =$1573.17

Final answer:

The payment rate that is required to pay off the loan in 3 years is approximately 2949.51 dollars/year. The interest paid during the 3-year period is about 984.53 dollars.

Explanation:

To solve this problem, the formula for continuously compounded interest should be used which is A = P * e^(rt), where A is the value of the investment at a future time t, P is the principal amount, r is the annual interest rate, and t is the time the money is invested or borrowed for.

First, set up the equation: 7864 = k * (1/(0.13)) * (e^(0.13 * 3) - 1), then solve for k: k = 7864 * (0.13) / (e^(0.13 * 3) - 1) ≈ 2949.51 dollars/year.

Using the formula A = P * e^(rt), the total amount paid is A = 2949.51 * 3 = 8848.53 dollars. The interest paid during the 3-year period is calculated by subtracting the loan amount from the total amount paid, that is 8848.53 - 7864 = 984.53 dollars.

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Solve using normalcdf

Answers

Answer:

0.209

Step-by-step explanation:

Find the sample mean and standard deviation.

μ = 1050

s = 218 / √50 = 30.8

Find the z-score.

z = (1075 − 1050) / 30.8

z = 0.81

Find the probability.

P(Z > 0.81) = 1 − 0.7910 = 0.2090

Suppose the probability that a company will be awarded a certain contract is .25, the probability that it will be awarded a second contract is .21 and the probability that it will get both contracts is .13. What is the probability that the company will win at least one of the two contracts?

Answers

Answer:

33% probability that the company will win at least one of the two contracts

Step-by-step explanation:

We solve this problem building the Venn's diagram of these probabilities.

I am going to say that:

A is the probability that a company is awarded the first contract.

B is the probability that a company is awarded the second contract.

We have that:

[tex]A = a + (A \cap B)[/tex]

In which a is the probability that a company is awarded the first contract but not the second and [tex]A \cap B[/tex] is the probability that a company is awarded both contract.

By the same logic, we have that:

[tex]B = b + (A \cap B)[/tex]

The probability that it will get both contracts is .13.

This means that [tex]A \cap B = 0.13[/tex]

The probability that it will be awarded a second contract is .21

This means that [tex]B = 0.21[/tex]

[tex]B = b + (A \cap B)[/tex]

[tex]0.21 = b + 0.13[/tex]

[tex]b = 0.08[/tex]

The probability that a company will be awarded a certain contract is .25

This means that [tex]A = 0.25[/tex]

[tex]A = a + (A \cap B)[/tex]

[tex]0.25 = a + 0.13[/tex]

[tex]a = 0.12[/tex]

What is the probability that the company will win at least one of the two contracts?

[tex]A \cup B = a + b + A \cap B = 0.12 + 0.08 + 0.13 = 0.33[/tex]

33% probability that the company will win at least one of the two contracts

The probability that the company will win at least one of the two contracts is [tex]\(\frac{17}{50}\) or 0.34.[/tex]

To find the probability that the company will win at least one of the two contracts, we can use the principle of inclusion-exclusion. The principle states that the probability of the union of two events (in this case, winning either contract) is the sum of the probabilities of each event occurring individually, minus the probability of both events occurring together.

Let [tex]\(P(A)\)[/tex] be the probability that the company will win the first contract, [tex]\(P(B)\)[/tex] be the probability that the company will win the second contract, and [tex]\(P(A \cap B)\)[/tex] be the probability that the company will win both contracts. We are given:

[tex]\(P(A) = 0.25\), \(P(B) = 0.21\), \(P(A \cap B) = 0.13\).[/tex]

The probability that the company will win at least one contract, [tex]\(P(A \cup B)\)[/tex], is given by:

[tex]\[P(A \cup B) = P(A) + P(B) - P(A \cap B)\][/tex]

Substituting the given probabilities:

[tex]\[P(A \cup B) = 0.25 + 0.21 - 0.13\] \[P(A \cup B) = 0.46 - 0.13\] \[P(A \cup B) = 0.33\][/tex]

To express this probability as a fraction, we can write 0.33 as [tex]\(\frac{33}{100}\)[/tex], which simplifies to[tex]\(\frac{17}{50}\)[/tex] when reduced to its simplest form.

Therefore, the probability that the company will win at least one of the two contracts is [tex]\(\frac{17}{50}\)[/tex] or 0.34

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