A rectangular yard is fenced in using 319 feet of custom fence Your friends really like the fence and decide to fence in their y
1 answer:
We have been given that a rectangular yard is fenced in using 319 feet of custom fence Your friends really like the fence and decide to fence in their yard using the same fence. Their yard is similar but has a scale factor of 8/5 times the size of yours.
We are asked to find the length of fence that your friends should purchase.
Since the size of your friend's yard is times your yard, so your friend should purchase
times the 319 feet.
Upon rounding our answer to nearest foot, we will get:
Therefore, your friends should purchase 510 feet of fence and option C is the correct choice.
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Part 2:
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The sampling error is given by:
Answer:
Step-by-step explanation:
(a)
The bid should be greater than $10,000 to get accepted by the seller. Let bid x be a continuous random variable that is uniformly distributed between
$10,000 and $15,000
The interval of the accepted bidding is , where b = $15000 and a = $10000.
The interval of the provided bidding is [$10,000,$12,000]. The probability is calculated as,
(b) The interval of the accepted bidding is [$10,000,$15,000], where b = $15,000 and a =$10,000. The interval of the given bidding is [$10,000,$14,000].
(c)
The amount that the customer bid to maximize the probability that the customer is getting the property is calculated as,
The interval of the accepted bidding is [$10,000,$15,000],
where b = $15,000 and a = $10,000. The interval of the given bidding is [$10,000,$15,000].
(d) The amount that the customer bid to maximize the probability that the customer is getting the property is $15,000, set by the seller. Another customer is willing to buy the property at $16,000.The bidding less than $16,000 getting considered as the minimum amount to get the property is $10,000.
The bidding amount less than $16,000 considered by the customers as the minimum amount to get the property is $10,000, and greater than $16,000 will depend on how useful the property is for the customer.