A used car dealer sells SUVs and cars. Of all the vehicles, 70% are cars. Since 70% are cars, SUV will be (100% - 70%) = 30%. Of all the vehicles, 10% are black SUVs. To calculate the probability than an SUV chosen is black goes thus:
Reference The length of time Y necessary to. ... construction of houses has an exponential distribution with mean 10 hours. The formula C = 100 + 40Y + 3Y 2 relates the cost C of completing this operation to ... Find the mean and variance of C. ... The length of time necessary to complete a key operation in the construction of ...