Answer:
c. $100,000
Step-by-step explanation:
Calculation of the expected net profit of Ephemeral services corporation
Since we are been told that 9 other companies besides esco are as well bidding for the $900,000 government contract, it means we have to find the expected net profit by dividing 1 by 9×$900,000 .Thus ESCO can only expect to cover its sunk cost.
Hence ,
E(X) = (1/9) × $900,000
E(X)=0.111111111×$900,000
E(X)= $100,000
Therefore the expected net profit would be $100,000
Answer:
Probability that 32 or more from this sample used Internet Explorer as their browser is 0.9015.
Step-by-step explanation:
We are given that according to Net Market Share, Microsoft's Internet Explorer browser has 53.4% of the global market.
A random sample of 70 users was selected.
Let
= <u><em>sample proportion of users who used Internet Explorer as their browser.</em></u>
The z score probability distribution for sample proportion is given by;
Z =
~ N(0,1)
where, p = population proportion of users who use internet explorer = 53.4%
= sample proportion =
= 0.457
n = sample of users = 70
Now, probability that 32 or more from this sample used Internet Explorer as their browser is given by = P(
0.457)
P(
0.457) = P(
) = P(Z
-1.29)
= P(Z
1.29) = <u>0.9015</u>
The above probability is calculated by looking at the value of x = 1.29 in the z table which has an area of 0.9015.
Answer:
x=7.5
y=1.5
Step-by-step explanation:

subtract x from both sides




combine like terms

subtract 1.8 from both sides

divide both sides by 0.3
x=7.5


y=1.5
Answer:
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Step-by-step explanation: