5. The owners of a two-person business make their decisions independently of each other and then compare their decisions. If they agree, the decision is made; if they do not agree, then further consideration is necessary before a decision is reached. The first owner makes the right decision 60% of the time; the second - 70% of the time. Enter your answers as decimals. 5(a) What is the probability that they make the right decision on the first try. 5(b) What is the probability that they make the wrong decision on the first try. 5(c) What is the probability that they delay the decision for further study.

Answers

Answer 1

Answer:

A. 0.42

B. 0.12

C. 0.45

Step-by-step explanation:

A. The probability that they make the right decision on the first try

First person = 60%

Second person = 70%

= 60% * 70%

= 0.42

B. Probability that they make wrong decision

= Wrong decision from first person * wrong decision from second person

Wrong decision = 1- right decision

= 1-0.60 * 1-0.70

= 0.40x0.30

= 0.12

3. Probability they delay decision

= 0.60(1-0.60)+0.70(1-0.70)

= 0.60x0.40 + 0.70x0.30

= 0.24+ 0.21

= 0.45


Related Questions

5.5.3 Suppose X and Y have a bivariate normal distribution with , , , , and . Determine the following. Round your answers to three decimal places (e.g. 98.765). (a) Enter your answer in accordance to the item a) of the question statement (b) Enter your answer in accordance to the item b) of the question statement (c) Enter your answer in accordance to the item c) of the question statement

Answers

The question is incomplete. The complete question is :

Suppose X and Y have a bivariate normal distribution with [tex]$\sigma_X = 0.04, \sigma_Y = 0.08, \mu_X = 3.00, \mu_Y = 7.70$[/tex] and ρ = 0.

Determine the following. Round your answers to three decimal places (e.g. 98.765).

(a). [tex]$P(2.90 < X < 3.10) =$[/tex]

(b). [tex]$P(7.60 < X < 7.80) =$[/tex]

(c). P(2.90 < X < 3.10, 9.60 < Y < 7.80) =

Solution :

We have

[tex]$X \sim N (\mu_X=3, \sigma_X^2=0.04^2)$[/tex]  and

[tex]$Y \sim N (\mu_Y=7.7, \sigma_Y^2=0.08^2)$[/tex]

a). The required probability is

   [tex]$P(2.90 < X < 3.10) =$[/tex] [tex]$P\left(\frac{2.9-3}{0.04}< Z < \frac{3.1-3}{0.04}\right)$[/tex]

  = P(-2.5 < Z < 2.5)  =  P(Z < 2.5) - P(Z < -2.5)

  = P(Z < 2.5) - [1-P(Z < 2.5)]

 = 2P(Z < 2.5) - 1

 = 2(0.99379) - 1

 = 0.98758

 ≈ 0.988

b). The required probability is

   [tex]$P(7.6 < X < 7.8) =$[/tex] [tex]$P\left(\frac{7.6-7.7}{0.08}< Z < \frac{7.8-7.7}{0.08}\right)$[/tex]

  = P(-1.25 < Z < 1.25)  =  P(Z < 1.25) - P(Z < -1.25)

  = P(Z < 1.25) - [1-P(Z < 1.25)]

 = 2P(Z < 1.25) - 1

 = 2(0.89435) - 1

 = 0.7887

 ≈ 0.789

c). Since, ρ = 0, so the X and Y are independent. Thus the required probability is :

P(2.90 < X < 3.10, 9.60 < Y < 7.80) = P(2.9 < X < 3.1) x P(7.6 < Y < 7.8)

     = (0.98758)(0.7887)

     = 0.77890

      ≈ 0.779

Marcelo can select from 2 types of oranges and 3 types of peaches. If he randomly selects 1 orange and 1 peach, how many possible choices does he have? ___________ possible choices

Answers

Answer:

6 choices

Step-by-step explanation:

Which statement is best supported by the Information in the box
plots?

A The median of the data for Student 1 is less than the medianof the data for Student2

B. The interquartile range of the data for Student 1 is equal to the
interquartile range of the data for Student 2

C. The range of the data for Student 1 is greater than the range
of the data for Sludent 2

D. The lowest grade for Student 1 is greater than the lowest
grade for Student 2

Answers

Answer:Interquartile Range (IQR) ... IQR: Step 1: Put the data in order from least to greatest. ... If the number of data points is even, the median is the average of the middle two data points. ... The first quartile is the median of the data points to the left of the median in the ... Is it possible for the IQR to be less than the given data points?

Step-by-step explanation:

Answer:

B

Step-by-step explanation:

(x +y )(x -y), if x = -3, y=-5
PLS NO FILES OR I AM REPORTING YOU

Answers

Answer:

-16

Step-by-step explanation:

(X + Y)

= (-3 + -5)

= -8

(X - Y)

= (-3 - -5)

= 2

Because  they're still in brackets in this form:

(-8) (2)

You multiply them both and you'll get the answer:

-16

hope this helped!

GUYS HELP!! What’s an equation that represents the line on the graph?

Answers

Answer:

Hey Mate...

Step-by-step explanation:

All that the slope-intercept form (the equation to describe linear equations) is, is an equation (y=mx+b) where m (the number that multiples x) is the slope and b (the number that is not multiplying a variable on the right-hand side of the equation) is the y-intercept.

Pls help me , ASAP , TIA

Answers

Answer:

Step-by-step explanation:

Arrange your numbers in numerical order.

Count how many numbers you have.

If you have an odd number, divide by 2 and round up to get the position of the median number.

If you have an even number, divide by 2. Go to the number in that position and average it with the number in the next higher position to get the median.

VERY EASY, WILL GIVE 50 POINTS FOR CORRECT ANSWER ASAP AND WILL GIVE BRAINLIEST.

Answers

Answer: all of dem except for 6

Step-by-step explanation:

PLEASE HELP!!! ILL GIVE BRAINLIEST !! Which is the correct answer ? 100 POINTS !! EXPLAIN.

Answers

alternate exterior angles

explanation : as u can see the 2 and 8 are outside of the lines making it exterior, they are also alternate because one is on the outside of the left and one is outside of the right making it an alternate exterior angel

Which of the following letters is NOT line symmetric?

1. A

2. E

3. G

4. Y

Answers

Answer:

G

Step-by-step explanation:

Answer:

its G

Step-by-step explanation:

Select the measures that are equal. Select all that apply.pls help me i beg you

Answers

D, B, and F are equal

If a 12-sided fair die is rolled twice, find the probability that both rolls have a result of 8.

Answers

Answer:

1 in 144

Step-by-step explanation:

There is one 8 on a 12-sided die, so the probability of rolling an 8 once is [tex]\frac{1}{12}[/tex].

We are rolling twice, so [tex](\frac{1}{12})^{2} =\frac{1}{144}[/tex].

The number of points Marcus scored in different rounds of a computer board game is shown
235 342 328 352 352 306 317

6. What score does Marcus need in his next
game to have a mean of exactly 325?

Answers

Answer:

583

Step-by-step explanation:

The mean of a data set is the average of the data set. It can be found by adding up all of the values and then dividing by the total number of values added. In this case, one is given the mean, and one needs to find a missing value. Since there is a missing element, add one to the total number of values in the data set. The missing element is represented by the parameter (x). Set up an equation and solve:

[tex]\frac{(236)+(342)+(328)+(352)+(352)+(306)+(317)+(x)}{8}=325\\[/tex]

Simplify,

[tex]\frac{2233+x}{8}=352[/tex]

Inverse operations,

[tex]2233+x=2816\\\\x = 583[/tex]

Answer:

It’s 367

Step-by-step explanation:

Pls help I’ll pay u 30$ if it’s right

Answers

Answer:

8 5 7 1 3 2 4 6

Step-by-step explanation:

my Cashsap kinqcollin

Can someone please help me out pleaseeeee !!!!!

Answers

Answer:

Step-by-step explanation:

0: -2

1: -4

2: -6

Find the annual percentage yield of a saving account that pays 2.75% compounded quarterly

Answers

Answer:

The annual percentage yield is of 2.78%.

Step-by-step explanation:

Annual percentage yield of an account:

The annual percentage yield of an account compounded n times during the year with a decimal interest rate of r is given by:

[tex]Y = (1+\frac{r}{n})^n - 1[/tex]

Pays 2.75% compounded quarterly

This means that [tex]r = 0.0275, n = 4[/tex]. So

[tex]Y = (1+\frac{r}{n})^n - 1[/tex]

[tex]Y = (1+\frac{0.0275}{4})^4 - 1[/tex]

[tex]Y = 0.0278[/tex]

0.0278 = 2.78%

The annual percentage yield is of 2.78%.

can someone actually help me :)

Answers

Answer:1 + 1

Step-by-step explanation:because 1+1 is 1+1

The manager of a fast-food restaurant determines that the average time that her customers wait for service is 3.5 minutes.The manager wants to advertise that anybody who isn't served within a certain number of minutes gets a free hamburger. But she doesn't want to give away free hamburgers to more than 1% of her customers. What number of minutes should the advertisement use

Answers

Answer:

The advertisement should use 16 minutes.

Step-by-step explanation:

Exponential distribution:

The exponential probability distribution, with mean m, is described by the following equation:

[tex]f(x) = \mu e^{-\mu x}[/tex]

In which [tex]\mu = \frac{1}{m}[/tex] is the decay parameter.

The probability that x is lower or equal to a is given by:

[tex]P(X \leq x) = \int\limits^a_0 {f(x)} \, dx[/tex]

Which has the following solution:

[tex]P(X \leq x) = 1 - e^{-\mu x}[/tex]

The probability of finding a value higher than x is:

[tex]P(X > x) = 1 - P(X \leq x) = 1 - (1 - e^{-\mu x}) = e^{-\mu x}[/tex]

The manager of a fast-food restaurant determines that the average time that her customers wait for service is 3.5 minutes.

This means that [tex]m = 3.5, \mu = \frac{1}{3.5} = 0.2857[/tex]

What number of minutes should the advertisement use?

The values of x for which:

[tex]P(X > x) = 0.01[/tex]

So

[tex]e^{-\mu x} = 0.01[/tex]

[tex]e^{-0.2857x} = 0.01[/tex]

[tex]\ln{e^{-0.2857x}} = \ln{0.01}[/tex]

[tex]-0.2857x = \ln{0.01}[/tex]

[tex]x = -\frac{\ln{0.01}}{0.2857}[/tex]

[tex]x = 16.12[/tex]

Rounding to the nearest number, the advertisement should use 16 minutes.


Perform the indicated operation and write the answer in the form a + bi.
(9+ i)(-6+5i)

Answers

Answer:

-59 + 39i

Step-by-step explanation:

Apply the Distributive Property of Multiplication:

(9)(-6) + (9)(5 i) - 6i - 5 (recall that i^2 = -1)

or:

-54 + 45i - 6i - 5, or

-59 + 39i

How many cubes with side lengths of 1/4 cm does it take to fill the prism?

Answers

Answer:2 14

Step-by-step explanation:

9514 1404 393

Answer:

  135

Step-by-step explanation:

The prism is 9/4 cm = 9×(1/4 cm) = 9 cubes wide.

The prism is 3/4 cm = 3×(1/4 cm) = 3 cubes deep.

The prism is 5/4 cm = 5×(1/4 cm) = 5 cubes high.

The number of cubes that will fill the prism is ...

  9 × 3 × 5 = 135 . . . cubes to fill the prism

Which of the following is equal to 5 1/3

Answers

Answer:

C

Step-by-step explanation:

The 3 would go on the outside.

The answer will most likely be c

Answer now please ‍♀️

Answers

Answer:

8/15

Step-by-step explanation:

In a right triangle, where B is an acute angle, the tan B is equal to the measure of the side opposite B divided by the measure of the shorter side at B

tanB = 16/30 = 8/15

10th grade Geometry Question, I will give brainliest. NEED HELP ASAP!

Answers

Answer:

- 1 + 5 + 2 y is your answer I am the teacher

A rectangular blanket is 2x + 1 feet wide and 4x - 3 feet longWhat is the area in terms of x?

Answers

Answer:

3/4

Step-by-step explanation:

So remembering the length times width formula:

Put it in an equation-

(2x+1)(4x-3)

Now start to solve for x:

Multiply using 'foil' method:

(2x+1)(4x-3)

8x -6x + 4x -3

8x -2x -3

Now, factrorize 8x^2 - 2x - 3:    (Put a square since this is square measures)

8x^2 - 2x - 3   Sum = -2

                   Product = -24

                   Two numbers that give you the sum of -2 and product of -24:

                    -6 and 4

So now factor out like terms:

8x^2 -6x + 4x -3

2x(4x - 3) + 1(4x - 3)

(2x + 1) (4x-3) = 0

Solve for x in both:

2x + 1 = 0

x = -1/2

4x - 3 = 0

x = 3/4

The area cant be negative so the area in terms of x is:

x = 3/4

(Hope this helped)

how much of a circle does a 100 degree angle turn through ​

Answers

A circle is 360 degrees so if you are turning 100 degrees... you would get 100/360 of the way around the circle.
100/360 = 5/18
answer: 5/18

Answer: 5/18

Step-by-step explanation: A circle is 360 degrees so if you are turning 100 degrees... you would get 100/360 of the way around the circle.

100/360 = 5/18

D is greater than E and less than C.
C and D are opposites.
At least one number is greater than A.

HELP

Answers

Answer:

?

Step-by-step explanation:

Which figures can have all of the properties shown below?



2 pairs of parallel sides
Sides that are perpendicular
Opposite sides that are equal

square, pentagon, rectangle


trapezoid, triangle, square


quadrilateral, square, rectangle


rectangle, hexagon, square

Answers

Answer:

Quadrilateral, square, rectangle

Step-by-step explanation:

An object have parallel sides if the sides have the same distance apart and they never meet.  

Quadrilaterals usually have parallel sides

Polygons including triangles and pentagons do not have parallel sides

the sides of a quadrilateral are also perpendicular. the sides form a 90 degree angle with each other

Opposite sides of a quadrilateral are usually equal. For example, the opposite lengths of a rectangle are equal. the four sides of a square are equal

Which expression is equivalent to the expression given below?
-3.5(2 - 1.5n) 14.5n
-7 - 6n
A.
-7 + 0.75n
B.
-7 - 9.75n
c.
-7 – 9.5n
D

Answers

Step-by-step explanation:

- 35/10(2-15n/10) 145n/10 - 7 - 6n

-70/10 +35*15n/100.145n/10 -7-6n

-7 + 525n/100.145n/10 -7- 6n

-14 +5.25n .14.5n -6n

-14 +76.125n^2 -6n is final answer

PLZ ANSWER NO FAKE LINKS

Answers

Answer:

Draw a Rectangle with 3/10 at the bottom and 1/2 at the top

Step-by-step explanation:

Have a Nice Day!

Juan deposited $450 in an account that earned 7.5% simple interest.

- He did not make additional deposits and he didn't withdraw any money from the account.

What was the balance in Juan's investment account after 3 years?

Answers

Um 1782829.00 and 43 is the answer if actually isn’t because I just need the points your in collage good job

Explanation:

1.2694*u+e+ieiei=3938383

Answer:

$551.25

Step-by-step explanation:

$450 x 7.5% = 33.75

33.75 x 3 = 101.25

101.25 + 450 = 551.25

Please please help please

Answers

Answer:

4 times larger

Step-by-step explanation:

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