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kakasveta [241]

2 years ago

5

You just finished paving a rectangular driveway measuring 75 feet by 20 feet. You charged the customer $1,000. After deducting t

he expenses shown below, how much profit did your company make on this job?

1 answer:

Alchen [17]2 years ago

3 0

The company made 292.5

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Nicolas is setting up water stations for a 10-mile run. He already has the first one set up 8 miles from the starting line. He n

storchak [24]

Answer:

120

Step-by-step explanation:

7 0

2 years ago

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There is a 0.9991 probability that a randomly selected 31-year-old male lives through the year. A life insurance company charge

jarptica [38.1K]

Answer:

a) Monetary values corresponding to the two events are:

-In case of surviving the year = -166$

-In case of a death in the year = 89834$

b) Expected value of the purchasing the insurance is -85 $

c) Yes, insurance company can make a profit with this policy.

Step-by-step explanation:

<em>a)</em> The man need to pay 166$ first to enroll the insurance policy. If he survives within a year, he will lose 166$. Otherwise, if he dies within a year he will profit 89834$.

<em>b)</em> Expected value of the purchasing the insurance as following:

<u>-In case of surviving the year: </u>

Value: -166$

Probability: 0,9991

<u>-In case of death in a year </u>

Value: 89834$

Probability: 0,0009

Expected value is E(x) = -166×0,9991 + 89834×0,0009 = -85 $

<em>c)</em> Lets consider that 10000 different 31 year old man enrolled to this insurance policy. According to probability of death, 9 out of 10000 man expected to be dead within the year. Therefore, company need to pay 9*90000 = 810000$ to their costumers. But, company will collect 10000*166=1660000$ from their costumers in the beginning of the year

So, it is expected that company is going to profit 1660000-810000=850000$ per year.

4 0

2 years ago

In a health club, research shows that on average, patrons spend an average of 42.5 minutes on the treadmill, with a standard dev

Paha777 [63]

Answer:

0.3114

Option d is right

Step-by-step explanation:

Let X be the time spent on a treadmill in the health club

Given that research shows that on average, patrons spend an average of 42.5 minutes on the treadmill, with a standard deviation of 5.4 minutes

Also given that X is normal

the probability that randomly selected individual would spent between 30 and 40 minutes on the treadmill.

$= P(30$

round off to two decimals tog et

the probability that randomly selected individual would spent between 30 and 40 minutes on the treadmill is 0.31

Hence option d is right

3 0

2 years ago

A pile of coins, consisting of quarters and half dollars, it worth $11.75. If there are 2 more quarters than half dollars, how m

lord [1]

Let the number of half dollars be x,

number of quarters = x + 2
amount of half dollars = 0.5x
amount of quarters = 0.25(x + 2)
= 0.25x + 0.5
total amount = 0.5x + 0.25x + 0.5
= 0.75x + 0.5
0.75x + 0.5 = 11.75
0.75x = 11.25
x = 15
number of quarters = x + 2
= 15 + 2
= 17

There are 17 quarters and 15 half dollars.

3 0

2 years ago

The east room of the White House is 79 feet long by 36 feet wide what is the area and what is the perimeter of the east room

prisoha [69]

Assuming it is a rectangular room it would be a perimeter of 151ft.

And the area would be 2844ft

Hope this helps!

4 0

2 years ago

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