The linear plot shows how water pressure changes as a diver's depth increases. What is the best
2 answers:
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Answer:
The probability that it will take more than 10 minutes for the next student to arrive at the library parking lot is 0.0821.
Step-by-step explanation:
The random variable <em>X</em> is defined as the amount of time until the next student will arrive in the library parking lot at the university.
The random variable <em>X</em> follows an Exponential distribution with mean, <em>μ</em> = 4 minutes.
The probability density function of <em>X</em> is:
The parameter of the exponential distribution is:
Compute the value of P (X > 10) as follows:
Thus, the probability that it will take more than 10 minutes for the next student to arrive at the library parking lot is 0.0821.
Answer:
The amount of stock for which both brokers would charge the same commission is $2500.
Step-by-step explanation:
i) Let the amount of stock to be traded be worth $x
ii) therefore for both the brokers to charge the same commission we can write
1% of x = $25 0.01
x = 25
x =
The amount of stock for which both brokers would charge the same commission is $2500.