Trevor is interested in purchasing the local hardware/electronic goods store in a small town in South Ohio. After examining accounting records for the past several years, he found that the store has been grossing over $850 per day about 60% of the business days it is open. Estimate the probability that the store will gross over $850

Answers

Answer 1

This question is incomplete, the complete question is;

Trevor is interested in purchasing the local hardware/electronic goods store in a small town in South Ohio. After examining accounting records for the past several years, he found that the store has been grossing over $850 per day about 60% of the business days it is open. Estimate the probability that the store will gross over $850 at least 6 out of 10 business day

Answer:

P( at least 6 out of 10 business days ) = 0.6312

Step-by-step explanation:

Given the data in the question;

p = 60% = 0.6

q = 1 - p = 1 - 0.6 = 0.4

Using Binomial distribution;

P( X = r ) = [tex]^nC_r p^rq^{n-r[/tex]

where [tex]^nC_r = n!/(r!(n-r))[/tex]

we substitute

P( at leas 6 ) = P(6) + P(7) + P(8) + P(9) + P(10)

= [¹⁰C₆ × 0.6⁶ × 0.4⁴] + [¹⁰C₇ × 0.6⁷ × 0.4³] + [¹⁰C₈ × 0.6⁸ × 0.4²] + [¹⁰C₉ × 0.6⁹ × 0.4¹] + [¹⁰C₁₀ × 0.6¹⁰ × 0.4⁰]

= [0.250] + [0.214] + [0.1209] + [ 0.0403] + [ 0.00604 ]

= 0.6312

Therefore, P( at least 6 out of 10 business days ) = 0.6312


Related Questions

In a local middle school, there are 20 Science teachers, 30 Social
Studies teachers and 600 students. What is the ratio between the number
of Science teachers and the number of students for this school? *
1:12.
1:30
1:35
1:40

Answers

Answer:

no of science teachers is 20

no of students is 600

ratio=20/600

=20:600

=1:30

pls give me brainliest

Can someone help me please and show work thank you

Answers

Answer:

60% decrease

Step-by-step explanation:

To work out percentage change you takeaway the original number by the new number (New number-Original number) in this case 24-60=(-36), then divide the decreased amount by the original number and multiply the answer by 100 (Decrease amount ÷ Original number x 100) for this question you'd do (-36)÷60=(-0.6) then (-0.6)x100=(-60).

The minus shows its a decrease in percentage by 60%

(I hope this helps srry if it doesn't make sense)

SOMEBODY HELP ME ASAP PLSSSS ​

Answers

Answer:

A

Step-by-step explanation:

When finding out which number is the greatest, I would convert these numbers to numerals with decimals for easier comparison.

3[tex]\sqrt{5}[/tex] is approximately 6.71.

6[tex]\frac{1}{4}[/tex] is 6.25

6.55 is, well 6.55.

From here, we can tell that 6.71 is the greatest, followed by 6.55 and 6.25 is the smallest. Thus, the order in descending order should be 3[tex]\sqrt{5}[/tex], 6.55 then 6[tex]\frac{1}{4}[/tex], which is Option A.

The sum of three consecutive odd integers is -39. What is the largest integer? ​

Answers

Answer:

the sum of three consecutive odd number is less than 54.

Jamie, Daniel, and Taylor want apples. Jamie cuts 5 apples into equal-sized pieces. If they all eat the same amount, how many apples will each person eat​

Answers

Answer:

1⅔

Step-by-step explanation:

Asking I'd say it's simply 5 apples divided by

the three of them to get 1⅔

If y = 12 when x = 9 find, x when y = 4

Answers

Answer:3

Step-by-step explanation:

12/4=3, 9/3=3

hope it helps

Jodie has $70 to spend on flowers for a school event. She wants to buy roses for $24 and spend the rest on lilies. Each lily flower costs $12. How many can she purchase without going over her budget?

Answers

Answer:

only 3

Step-by-step explanation:

she can purchase three or 3 without going over budget

sjdjwkfmwkfkekfmkdekjejwje

Answers

Answer:

I think yes but it could be no. Sorry if I am wrong but it should be yes.

Lines AC and BD intersect at O as shown.


What is the measure of

Answers

Answer:

X=4

Step-by-step explanation:

25x + 25x = 50

20 + 20 = 40

50 + 40 = 90

90x = 360

X = 4

If an image was translated 8 units to the left and 2 units down, what would its rule be?
A. (X,Y-> (X + 8, y - 2)
B. (x, y) --> (X - 8, y - 2)
C. (x, y) --> (X + 8, y + 2)
D. (x, y) --> (X - 8, y + 2)


ill give brainliest! plsss help

Answers

Answer:

B

Because u r going -8 units on the x-axis and 2 units down on the y-axis

&50+ E3 857=6180 150 #130 GELD Four girls have $5.00 to share equally. How much money will each girl get? Explain. What if four girls want to share $5.52 equally? Hov vill each

girl get? Explain.



answer is 5.00/4=1.25​

Answers

Answer:

Step-by-step explanation:

(5 dollars)/(4 girls) = (5/4 dollars)/girl = (1.25 dollars)/girl

:::::

(5.52 dollars)/(4 girls) = (5.52/4 dollars)/girl = (1.38 dollars)/girl

answer this asap plsssssssssssssssssssssss

Answers

Answer =6

Step-by-step explanation:

-2 through positive 3, i'm sorry if this is incorrect!

5th grade math. correct answer will be marked brainliest

Answers

Answer:

8 1/12 boxes

Step-by-step explanation:

Your first step to solve this problem is to convert those fractions to a common denominator. I would choose 12. So your first would be 4 4/12 and your second would be 3 9/12. You would then add those up and get 8 1/12 boxes of muffins bought at the bake sale.

Taylor has 5 yards of gold ribbon to decorate
8 costumes for the school play. She plans to
use the same amount of ribbon for each
costume. How many yards of ribbon will she
use for each costume?​

Answers

I believe it’s 1.6 if you divide 8/5

PLZZZZ HELPPP MEE!!!!!

Answers

Answer:

-60

Explanation:

6x(2x-5) always do what's in the parentheses first

6x(-10)

= -60

what's the following rotational symmetries of oranges regular hexagon​

Answers

Answer:

rotational symmetry of 60 degrees around the origin - yes

rotational symmetry of 120 degrees around the origin - yes

Step-by-step explanation:

A regular hexagon has 6 congruent angles

the the angles created on the line of symmetry are equal to 60 so the angle of rotational symmetry is 60 degrees.

The regular hexagon, like stated before, has 6 congruent angles so the order of symmetry is 6

Here is a visual from basic-matematics

A car is driving towards home at 0.5 miles per minute. If the car is 4 miles from home at t=0 , which of the following can represent the distance that the car has left to drive? Explain your reasoning.
A. 0.5t
B. 4+0.5t
C. 4-0.5t
D. 4(0.5t)

Answers

The distance that the car has left to drive can be represented as option (D) 4(0.5t) is the correct answer.

What is speed?

The speed is the rate of change of position of an object in any direction. Speed tells us how fast or slow an object travels and describes the distance traveled divided by the time taken to cover the distance.

For the given situation,

The speed of the car,S = 0.5 miles per minute

Let the time be t.

Let the distance be D.

The distance between the car and the home = 4 miles.

The formula that relates speed, distance and time is

[tex]Speed=\frac{Distance}{time}[/tex]

⇒ [tex]Distance=(Speed)(time)[/tex]

Here initially at t=0, the car is 4 miles apart from the home and it travels at 0.5 miles per minute, so the equation can be represented as

⇒ [tex]D=4(0.5t)[/tex]

Hence we can conclude that the distance that the car has left to drive can be represented as option (D) 4(0.5t) is the correct answer.

Learn more about speed, distance and time here

https://brainly.com/question/2004627

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A χ2 goodness-of-fit test where all assumptions were met yielded the chi-square test statistic χ2=1.92 and a corresponding p-value of 0.75. The researcher interpreted the p-value as a 0.75 probability of observing a test statistic of χ2=1.92 or larger. What is wrong with the researcher’s interpretation?

Answers

Answer:

The researcher did not state that the p-value is conditional on the null hypothesis being true.

Step-by-step explanation:

The p-value or the assumed value represent the probability in which the test results that are received would be atleast extreme in that the null hypothesis would be correct

Here the wrong thing would be that researcher would not stated the p value is in conditional form based on the null hypothesis being true

Therefore the correct option is A.

Find the perimeter of a rectangle with a length of 9 yards and a width of 6 yards. Enter only the number of yards in the answer box. The perimeter is ____ yards.

Answers

Answer:

Step-by-step explanation:

30

A first-aid cream contains amounts of the active ingredient (in mg) that vary Normally with unknown mean m and standard deviation s from tube to tube. You select a simple random sample of 9 tubes and assess the quantity of active ingredient they contain. The 9 amounts, in mg, are 23 24 23 29 28 26 27 28 26 Based on these data, a 99% confidence interval for the population mean m has margin of error of ____ mg.

Answers

Answer:

2.5 mg

Step-by-step explanation:

Given the data:

23 24 23 29 28 26 27 28 26

The sample standard deviation, s

s = sqrt[Σ(x - mean)²] ÷ (n - 1)

Mean, m = ΣX / n

n = 9

Mean = 234 /9 = 26

Using a calculator :

s = 2.236

The margin of error, MOE

MOE = Tcritical * s/sqrt(n)

Tcritical at df = (n-1) = 9-1 = 8 , α = 0.01 = 3.35536

MOE = 3.35536 * 2.236/sqrt(9)

MOE = 3.35536 * 2.236/3

MOE = 3.35536 * 0.7453333

MOE = 2.50086

MOE = 2.5

If the radius is 25 mm, what is the Diameter

Answers

Answer:

7.96

Step-by-step explanation:

Two small space probes have been slowed to 10 m/s as they approach the Moon from the same direction. Probe 1 has a mass of 86 kg, and probe 2 has a mass of 100 kg. What is their total momentum? A. 8600 kg O B. 1000 kg-m/s O C. 860 kg-m/s O D. 1860 kg-m/s SUBMIT​

Answers

The total momentum of the two probes with  given mass and velocity is equal to option D. 1860 kg m/s.

velocity of probe = 10m/s

mass of probe 1 = 86kg

mass of probe 2 = 100kg

The momentum of an object is given by the product of its mass and velocity.

So, to calculate the total momentum of the two probes,

Find the momentum of each probe, and then add them together.

The momentum of probe 1 is equal to,

p₁ = m₁ × v

Substitute the value we have,

⇒ p₁ = 86 kg × 10 m/s

⇒ p₁ =  860 kg m/s

The momentum of probe 2 is equal to,

p₂ = m₂ × v

⇒ p₂ = 100 kg × 10 m/s

⇒ p₂ = 1000 kg m/s

The total momentum of the two probes is the sum of their individual momenta is equal to

p = p₁ + p₂

⇒ p = 860 kg m/s + 1000 kg m/s

⇒ p = 1860 kg m/s

Therefore, the total momentum of the two probes is option D.1860 kg m/s.

Learn more about momentum here

brainly.com/question/13473688

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PLEASE HELP I WILL MARK BRAINLIST!!

Answers

Answer:

umm whats the question-

help you in what man?

there is no question

Function Notation
If f(x) = -3x2 + 2x - 8, find each of the following:

f(-1)
f(0)
f(3)
f(1/3)

Answers

I checked all answers on Photomath.
Let me know if that’s helpful.

PLEASE HELP MEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Answers

Answer:

add 6 to both sides and dividing both sides by 5.

Answer:

add 6 to both sides then divide both sides by 5

Step-by-step explanation:

PLEASE PLEASE HELP I WILL MARK THE BRAINLIEST!!!!!

Answers

Answer:

The average cost of a cat's annual visit is about $23.71 less at A New Leash on Life Animal Clinic than the average cost for a cat's annual visit at No Ruff Stuff Animal Hospital.

Explanation:

As you can see from the data and graph given, the Mean is essentially the average cost and $101.13 (New Leash on Life) is $23.71 less than $121.84 (No Ruff Stuff Animal Hospital).

what is the slope of the line.

Answers

Answer:

m=3/2 or m=1.5

Step-by-step explanation:

slope formula:

m=(y1-y2)/(x1-x2)

in order to get this we need two points such as (3,0) and (1,-3) which are points on this line. So:

m=(0-(-3))/(3-1)

m=3/2 or m=1.5

Help me out pls and thank you very much !!!!!!!

Answers

Answer:

8

Step-by-step explanation:

Since this is a rectangle, the opposite sides are congruent.

So the lengths of DG and EF are equal

3x + 5 = 29

3x = 29 - 5

3x = 24

x = 24/3

x = 8

Two more than five times a number is less than or equal to 47
WRITE THAT AS AN INEQUALITY. IF YOU DON'T KNOW WHAT THAT IS THIS IS AN EXAMPLE 3g - 4 ≥ 17

Answers

Answer:


2+5x>47 or 2+5x=47

At a Beirut market, oranges are priced at $1.29/KG. Ms. X buys 10 oranges that have a total weight of 4.82 kgs. What is the average price per orange that she pays?

Answers

Answer:

The average price of each orange is $0.62.

Step-by-step explanation:

Given that at a Beirut market, oranges are priced at $ 1.29 per kilo, and Ms. X buys 10 oranges that have a total weight of 4.82 kilograms, to determine what is the average price per orange that she pays must perform the following calculation:

(4.82 x 1.29) / 10 = X

6.21 / 10 = X

0.62 = X

Thus, the average price of each orange is $ 0.62.

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