Upon studying low bids for shipping contracts, a microcomputer manufacturing company finds that intrastate contracts have low bids that are uniformly distributed between 23 and 29, in units of thousands of dollars. (a) Find the probability that the low bid on the next intrastate shipping contract is below $25,000. (Round your answer to four decimal places.) (b) Find the probability that the low bid on the next intrastate shipping contract is in excess of $28,000. (Round your answer to four decimal places.)

Answers

Answer 1

Answer:

a) 0.3333 = 33.33% probability that the low bid on the next intrastate shipping contract is below $25,000.

b) 0.1667 = 16.67% probability that the low bid on the next intrastate shipping contract is in excess of $28,000.

Step-by-step explanation:

A distribution is called uniform if each outcome has the same probability of happening.

The uniform distribution has two bounds, a and b.

The probability of finding a value lower than x is given by:

[tex]P(X < x) = \frac{x - a}{b - a}[/tex]

The probability of finding a value higher than x is given by:

[tex]P(X > x) = \frac{b - x}{b - a}[/tex]

Uniformly distributed between 23 and 29

This means that [tex]a = 23, b = 29[/tex]

(a) Find the probability that the low bid on the next intrastate shipping contract is below $25,000.

[tex]P(X < 25) = \frac{25 - 23}{29 - 23} = 0.3333[/tex]

0.3333 = 33.33% probability that the low bid on the next intrastate shipping contract is below $25,000.

(b) Find the probability that the low bid on the next intrastate shipping contract is in excess of $28,000.

[tex]P(X > 28) = \frac{29 - 28}{29 - 23} = 0.1667[/tex]

0.1667 = 16.67% probability that the low bid on the next intrastate shipping contract is in excess of $28,000.


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Answer:

x = 4

Step-by-step explanation:

x + x + 6 + 6 = x + 8 + 8

2x + 12 = x + 16

2x + 12 - 12 = x + 16 - 12

2x + 0 = x + 4

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2x - x = x + 4 - x

2x - x = x - x + 4

x = 0x + 4

x = 0 + 4

x = 4

Chequando Respuesta :

x = 4

x + x + 6 + 6 = x + 8 + 8

(4) + (4) + 6 + 6 = (4) + 8 + 8

4 + 4 + 6 + 6 = 4 + 8 + 8

8 + 6 + 6 = 12 + 8

14 + 6 = 20

20 = 20

Ambos lados de la ecuacio'n son igual cuando x = 4, y esto confirma que la respuesta es corecta, que x = 4 en este problema.

estimate and calculate 18686+17544?​

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Answer:

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oh rats.. i was in that area tho ........36,230

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Because the surface has a length and width and does not have a depth

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f(x)=x² g(x) = (x + 3)2 +5 We can think of g as a translated (shifted) version of f. Complete the description of the transformation. Use nonnegative numbers. To get the function g, shift f up/down by units and to by units. the right/left​

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Answer:

Me puedes informar mas?

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[tex]7(6 + y)[/tex]

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[tex]6(y + 7)[/tex]

[tex](y \times 6) {y}^{2} [/tex]

Convert 50°F to degrees Celsius.
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Step-by-step explanation:

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Step-by-step explanation:

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You bought $2000 worth of stocks in 2012. The value of the stocks has been decreasing by 10% each year
Part A
Write an exponential function to represent this scenario...
Format for answer...
A(T) = a (1 + r)
Part B
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Answers

Answer:

a(t)= 2000(1+r)^T

*make sure to add the power to t

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Hope this helps!

The exponential decay function is given by  y=2000×0.9ˣ and the stock will be worth $1180.98 after a period of 5 years.

What is exponential decay function?

In mathematics, exponential decay describes the process of reducing an amount by a consistent percentage rate over a period of time. It can be expressed by the formula y=a(1-b)ˣ wherein y is the final amount, a is the original amount, b is the decay factor, and x is the amount of time that has passed.

Given here: The value of the stock in 2012 was $2000 and the value decreases each year by 10%

We know the exponential decay is given by  y=a(1-b)ˣ

where x is the number of years and 1-b is the decreasing factor

Thus based on the given information we can construct the exponential decay function as y=2000(1-10%)ˣ

or y=2000×0.9ˣ

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y=2000×0.9⁵

=$1180.98

Hence, The exponential decay function is given by  y=2000×0.9ˣ and the stock will be worth $1180.98 after a period of 5 years.

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https://brainly.com/question/28303908

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caca water

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Step-by-step explanation:

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Suppose you are taking the bus home, and can take either Route 51 or Route 82. You know that the Route 82 will arrive at the bus stop in exactly 5 minutes, but because Route 51 is unreliable, you believe that the amount of time until it arrives is uniformly distributed between 0 and 20 minutes. You take the first bus that arrives. Let T be the number of minutes you wait until you board a bus. Find E[T].

Answers

Answer:

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Step-by-step explanation:

A distribution is called uniform if each outcome has the same probability of happening.

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Step-by-step explanation:

The points on a unit circle will not have coordinate values greater than 1 (eliminates √2). The coordinates will only be 0 or 1 if the point is on one of the axes. The coordinates (a, b) of the point at 45° are ...

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The coordinate of point (a, b) is (√2/2, √2/2)

Coordinate of a point on a circle

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WILL GIVE BRAINLIEST!!

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Step-by-step explanation:

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Step-by-step explanation:

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had
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Step-by-step explanation:

Answer:

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Step-by-step explanation:

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