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lana66690 [7]
2 years ago
9

A company receives equipment from two factories: 38% from factory A, and all other equipment from factory B. Each factory has a

percentage of equipment that is defective: 1% of factory A's equipment is defective, while 4% of factory B's equipment is defective. If a piece of the company's equipment is selected at random, what is the probability that it is defective and from factory B?a. 0.0248b. 0.0038c. 0.6012d. 0.6600
Business
1 answer:
nikitadnepr [17]2 years ago
4 0

Answer:

Probability will be 0.0286 which is nit given in the bellow option

So none of the given option is correct

Explanation:

We have given that company receives equipment from company A is 38 %

So p(A)=0.38

And rest of the equipment is received from company B

So p(B)=1-0.38=0.62

It is given that the equipment which is received from company A is 1 % defective

So p(D/A)=0.01

And equipment which is received from company B is 4 % are defective

So p(D/B)=0.04

So the probability that the equipment is defective =p(A)\times p(D/A)+p(B)\times p(D/B)=0.38\times 0.01+0.62\times 0.04=0.0286

So none of the option is correct

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Audreys free-throw percentage so far this season is .875. If she makes only 13 of her next 20 free throws, her percentage will d
otez555 [7]

Answer:

245 free throws

Explanation:

x will be number of times Audreys makes a shot, and let y be total number of the shots.

x/y = .875

(x+13)/(y+20) = .860

Let solve for x in equation 1

x = .875y

We will plug the for x in the equation 2

(.875y+13)/(y+20)

= .860

.875y + 13

= .860y + 17.2

.015y = 4.2

y = 280

Audreys has taken 280 shots.

We will Plug that back into the equation 1 in order to find out how many Audreys made.

x/280 = .875

x = 245

Hence :

Audreys made 245 free throws

6 0
2 years ago
Lilly would like to start investing. What tools and services can she benefit from?
Dmitrij [34]
Here are the tools and services that might be beneficial for Lily: 

- Brokerage service, so Lilly could gain access to various kind of private company that is not available on the stock market.

- Stock market software, which contains algorithms that analyze the stock price movement and create a graph to predict how the future price might go.
5 0
2 years ago
Main Street Antiques is planning on paying an annual dividend of $2.20 per share next year. The company is slowly downsizing and
goldenfox [79]

Answer:

The current value of this stock should be $20.

Explanation:

The current value of this stock should be calculated by applying the formula to find present value of growth perpetuity. The formula is shown as below:

Stock price = D1 / ( Rate of required return - Growth rate of annual dividend)

in which: D1 = next year dividend = 2.20;

               Rate of required return = 8%;

               Growth rate of annual dividend = -3%.

So, Stock price = 2.2 / [8% - (-3%) ] = $20.

So, the answer is: the current value of this stock should be $20.

5 0
2 years ago
Suppose a movie theater determines it can charge different prices to patrons who go to weekday matinees and people who attend ev
bija089 [108]

Answer:

increase the price of weekend and evening tickets

decrease the price of matinee tickets

Explanation:

If the price elasticity of demand is elastic, a small change in the price of movie tickets will cause a larger change in the quantity demanded. If the price elasticity of demand is inelastic, a large change in the price will cause a small change in the quantity demanded.

If the PED for weekend and evening patrons is inelastic, then the movie theater should increase the price of the weekend and evening tickets in order to increase total revenue. In this case, a 10% increase in price will result in a 5% decrease in sold tickets.

If the PED for matinee patrons is elastic, then the movie theater should decrease the price of the matinee tickets in order to increase total revenue. In this case, a 10% decrease in price will result in a 17% increase in sold tickets.

7 0
2 years ago
Suppose there are only three firms in a market. The largest firm has sales of $500 million, the second-largest has sales of $300
belka [17]

Answer:

50% share.

Explanation:

Given:

There are only three firms in a market.

The largest firm has sales of $500 million.

The second-largest has sales of $300 million.

The smallest has sales of $200 million.

Question asked:

The market share of the largest firm is ?

Solution:

As we know:

Market\ share=\frac{Total\ sales\ of\ the\ firm}{Total\ sales\ of\ the \ market} \times100

Total sales of the largest company = $500 million.

Total sales of the market = Sales of largest firm + Sales of second largest firm+ Sales of smallest firm

Total sales of the market = $500 million + $300 million + $200 million

                                          = $1000 million

Market\ share=\frac{Total\ sales\ of\ the\ firm}{Total\ sales\ of\ the \ market} \times100

                       =\frac{500}{1000} \times100\\ \\ =\frac{50000}{1000} \\ \\ =50\%

Therefore, the market share of the largest firm is 50%.

7 0
2 years ago
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