A contractor has submitted bids on three state jobs: an office building, a theater, and a parking garage. State rules do not allow a contractor to be offered more than one of these jobs. If this contractor is awarded any of these jobs, the profits earned from these contracts are $10 million from the office building, $5 million from the theater, and $2 million from the parking garage. His profit is zero if he gets no contract. The contractor estimates that the probabilities of getting the office building contract, the theater contract, the parking garage contract, or nothing are .15, .30, .45, and .10, respectively.
1. Write the probability distribution of x .
2. Find the mean and standard deviation of x .

Answers

Answer 1

Answer:

The  probability distribution of x is  

     Profits in millions (x)                            Probability of getting contract (P(x))

          $10                                                                   0.15

          $ 5                                                                    0.30

          $ 2                                                                    0.45

          $ 0                                                                    0.10

The  mean is  [tex]E(X) = 3.9 millions  [/tex]

The  standard deviation is  [tex]s = 3.01 \  millons   [/tex]

Step-by-step explanation:

Generally the probability distribution of  x is

 Profits in millions (x)                            Probability of getting contract (P(x))

          $10                                                                   0.15

          $ 5                                                                    0.30

          $ 2                                                                    0.45

          $ 0                                                                    0.10

Generally the mean is mathematically represented as

     [tex]E(X) =  x  *  p(x)[/tex]

=>    [tex]E(X) =  [10 *  0.15 ]  +  [5 *0.30 ] + [2 *  0.45 ] + [0 * 0.10] [/tex]

=>    [tex]E(X) = 3.9 millions  [/tex]

Now

      [tex] E(X^2) =  x^2 * p(x)[/tex]

=>   [tex] E(X^2) =  (10 ^2 *   0.15) +  (5  ^2 *   0.30) +(2  ^2 *   0.45) + (0 * 0.10)[/tex]

=>   [tex] E(X^2) = 24.3 [/tex]

Gnerally the variance is mathematically represented as

        [tex]V(X) =  E(X^2) - [E(X)]^2[/tex]

=>      [tex]V(X) =  24.3 -  3.9^2[/tex]

=>     [tex]V(X) =  9.09 [/tex]

Gnerally the standard deviation is mathematically represented as

    [tex]s =  \sqrt{V(X)}[/tex]

=>  [tex]s =  \sqrt{9.09[/tex]

=>  [tex]s = 3.01 [/tex]


Related Questions

each basket?
Three baskets contain three consecutive odd numbers of apples. There are 105 apples in total. How many apples are
Enter the numbers from least to greatest.

Answers

Answers:   33, 35, 37

==================================

Explanation:

Consecutive integers are integers like 1,2,3,... or 6,7,8... so they are integers that follow one after another.

Consecutive odd integers are sequences like 3,5,7,... or 21,23,35... meaning they are odd integers following one after another as close as possible.

If x is some integer, then 2x is always even and 2x+1 is always odd

let 2x+1 be that first odd integer

adding on 2 leads to the next odd integer: (2x+1)+2 = 2x+3

adding on another 2 leads to the next one: (2x+3)+2 = 2x+5

The three expressions

2x+1

2x+3

2x+5

represents three consecutive odd integers. They must add to 105

(2x+1)+(2x+3)+(2x+5) = 105

(2x+2x+2x)+(1+3+5) = 105

6x+9 = 105

6x = 105-9

6x = 96

x = 96/6

x = 16

Meaning that

2x+1 = 2(16)+1 = 33 = first odd integer

2x+3 = 2(16)+3 = 35 = second odd integer

2x+5 = 2(16)+5 = 37 = third odd integer

As a check

33+35+37 = 105

which confirms the answer

How do I Invert 6/7? Please help me because I am confused!

Answers

Answer:

The invert part of “invert and multiply” means to take the denominator of this big fraction, 1/4, and invert it. In other words, flip it on its head so its numerator becomes its denominator and vice versa. The inverse of 1/4 is therefore 4/1, or just 4.

Step-by-step explanation:

The invert part of “invert and multiply” means to take the denominator of this big fraction, 1/4, and invert it. In other words, flip it on its head so its numerator becomes its denominator and vice versa. The inverse of 1/4 is therefore 4/1, or just 4.

if josie missed 20 questions how many did she get correct

Answers

you didn’t give us how many questions there is so i’m assuming she got none correct

Answer:

all

Step-by-step explanation:

wrong

17) -8 square root 128

Answers

[tex] - 64 \sqrt{2} [/tex]

is the answer

Determine the value of X 12,9, 3

Answers

The value of x from the given proportion is 4.

The given numbers 12, 9 and 3 are proportions.

What are proportions?

Proportion, in general, is referred to as a part, share, or number considered in comparative relation to a whole. Proportion definition says that when two ratios are equivalent, they are in proportion. It is an equation or statement used to depict that two ratios or fractions are equal.

To find the value of x:

So, 12:x::9:3

⇒ 12×3=x×9

⇒ 9x=36

⇒ x=36/9

⇒ x=4

Therefore, the value of x from the given proportion is 4.

To learn more about the proportions visit:

https://brainly.com/question/7096655.

#SPJ1

Which statement about the function is true?
The function is increasing for all real values of x
where
X<-4.
The function is increasing for all real values of x
where
-6 O The function is decreasing for all real values of x
where
x < -6 and where x > -2.
O'The function is decreasing for all real values of x
where
x < 4.

Answers

Answer:

2.

Step-by-step explanation:

Answer:

Can you pls answer my last question that i posted?

Step-by-step explanation:

Jeremy lights a candle that is Six and one-half inches tall. After several hours, the candle is One-half as tall. What is the new height of the candle?
A. 2 1/4
B. 3 1/4
C. 3 3/4
D. 1/4

Answers

I’m pretty sure it’s B

Answer:

b

Step-by-step explanation:

Write the number with the same value as 28 ten

Answers

Answer:

280

Step-by-step explanation:

We have 28 tens

28 * 10

280

Ariana borrowed some money from her friend in order to help buy a new video game system. Ariana originally borrowed $150 and agreed to pay back her friend $15 per week. Write an equation for L,L, in terms of t,t, representing the amount Ariana owes her friend after tt weeks.

Answers

Answer:

150=15w

Step-by-step explanation:

w=weeks

150/15=10 weeks

Define the word expression to me. Use proper English and complete sentences.

Answers

Answer:

yes

Step-by-step explanation:

Problem 3

Please help

Answers

Answer:

76

Step-by-step explanation:

angle FGH = 120, angle FGV = 44, and angles VGH and FGV add up to angle FGH. These are the givens. Since VGH + FGV = FGH, then FGH - FGV = VGH. That can be rewritten as 120 - 44 = VGH. 120 - 44 = 76, so VGH = 76

EXAMPLE: If the function f(x) = 2x
==x+4 is restricted to a domain interval of
-4 sxs 4, is the domain over the interval continuous or discrete,
and what is the range of the function?

Answers

Answer:b

Step-by-step explanation:

What is 30 + 12 rewritten using the distributive property and the GCF of the addends?

Answers

Answer:6

Step-by-step explanation: 6(5+2) because 6 is the greatest common factor

A school sold 51 less children’s tickets than adult tickets for the school play. Adult tickets cost $1.25 and children’s tickets cost $0.75. A total of $129.75 was taken in. How many of each kind were sold?

-pls provide work :)

Answers

Answer:

80 adult tickets and 29 children tickets

Step-by-step explanation:

c + 51 = a

51 = a - c

c = a - 51

a*1.25 + c*0.75 = 129.75

a = 100  c = 49  a + c = 161.75

a = 80  c = 29  a + c = 121.75

The midp
Find the midpoint of the segment with the given endpoints.
(9,6) and (-5, - 7)
(Type answer)

Answers

Answer:

(2,-1/2)

Step-by-step explanation:

(9+(-5))/2= 2

(6+(-7))/2= -1/2

what is the answer for this

Answers

Answer:

4. x = 23 degrees

5. m<A = 33 degrees

m<B = 66 degrees

m<C = 82 degrees

Step-by-step explanation:

4.

(2x + 21) + 90 degrees + x = 180 degrees

(2x + 21) + x = 90 degrees

3x + 21 = 90

3x = 69

x = 23 degrees

5.

2x + x + (2x + 15) = 180 degrees

5x + 15 = 180

5x = 165

x = 33

3x+7=-x+3 will mark brainlest

Answers

X=-1
Trust me yurrrrrrrrrr

Answer:

x = -1

Step-by-step explanation:

i’ll love you forever if you can do this

Answers

Answer:

  (2, -8)

Step-by-step explanation:

The components of the vector are ...

  (units right, units up)

The image is 2 units to the right and 8 units down from the original, so the translation vector is ...

  (2, -8)

Answer:

(2,-8)

Step-by-step explanation:

(units right, units up)

(-72)^10 X (-72)^13 =

Answers

The answer would be -5.23 rounded to the nearest tenth

Find 4/5 ÷ 16/17. Write your answer as a fraction in simplest form.

Answers

Answer:

17/20

Step-by-step explanation:

Which is the equation of a line that has a slope of -2/3 and passes through point -3 -1?

Answers

Answer:  y= -2x/3 -3

Step-by-step explanation:

Substitute the x and y values from the given coordinate into the slope-intercept formula and solve for b

y = mx + b

-1 = -2/3(-3) + b

-1 = 2 + b

-1 -2 = b

-3 = b   The y-intercept is -3

the equation: y = -2x/3 - 3

HELP HELP HELP HELP HELP HELP HELP HELP

Answers

Answer:

2.25

Step-by-step explanation:

in order to find the scale factor from A to B you need to divide B by A. 13.5÷6=2.25. 11.25÷5=2.25 and 4.5÷2=2.25.

therefore the scale factor is 2.25 because when you multiply the sides from A by 2.25 you get the length of the side from B.

Answer:

2.25

Step-by-step explanation:

I need help on this problem

Answers

Answer:

if you solve it for the t your answer would be: pt+30pte−0.2t=600

but if you solved it for the p your answer would be: p=600t(1+30e−0.2t)

hope it works, sweete


3(4x + 2)
Pleaseee helppppp meeeeeee

Answers

Answer:

12x + 6

Step-by-step explanation:

3(4x + 2)

you distribute the 3 to 4x and 2

12x + 6

hope this helps

can someone help? it is for a review for my test and i don’t understand

Answers

9514 1404 393

Answer:

  use the ASA postulate with alternate interior angles

Step-by-step explanation:

Congruence in general

For proving triangle congruence, there are basically 4 ways to do it. All require at least one side. They are ...

SSS - 3 corresponding sides are shown to be congruentSAS - two corresponding sides and the angle between them are shown to be congruentASA - two corresponding angles and the side between them are shown to be congruent (this one is used here)AAS - two corresponding angles and the side next to (a particular) one of them are shown to be congruent

When applied to right triangles, the right angle counts as one of the angles, and two sides determine the third, so these can become the LL, HL, HA, LA theorems, where the letters (H, L, A) stand for (hypotenuse, leg, angle), respectively.

__

Approach to this problem

Of course, you're familiar with the relationship between angles where a line crosses parallel lines. Those relationships can help you identify two congruent angles in each triangle. The fact that the triangles share a side between those angles gives you a clue that you will be using the ASA postulate for your proof.

Specifics

1. AB ║ CD and AD ║ BC . . . . given

2. ∠1≅∠3 . . . . alternate interior angles at a transversal of parallel lines are congruent

3. AD≅DA . . . . reflexive property of congruence

4. ∠2≅∠4 . . . . alternate interior angles at a transversal of parallel lines are congruent

5. ∆DAB ≅ ∆ADC . . . . ASA postulate

You are the coach of a basketball team that is currently looking for new players. One of the criteria for selection as a player is that the person must be above a particular height. Ideally, you want your next player to be as tall as possible. However, you do not want to rule out any potential players by making the cut-off height too strict. You decide that accepting players within the top 2.5% height bracket will be reasonable for your team. Assume that the height of all people follows a normal distribution with a mean of 70.3 in and a standard deviation of 2.1 in. Calculate the cut-off height (C) that ensures only people within the top 2.5% height bracket are allowed into the team. Give your answer in inches to the nearest inch.C = ______ in

Answers

Answer:

The  value is  [tex]x =  74.416 \ in[/tex]

Step-by-step explanation:

From the question we are told that

    The mean is  [tex]\mu  =   70.3\  in[/tex]

     The standard deviation is  [tex]\sigma  =  2.1\  in[/tex]

   

Generally the probability of  getting people with height  in the top 2.5% is mathematically represented as

  [tex]P(X >  x ) =  P(\frac{X - \mu }{\sigma}  > \frac{x - 70.3 }{2.1 }  ) = 0.025[/tex]

Generally    

         [tex]\frac{X - \mu }{\sigma}  =  Z (The  \  standardized \  value \  of X )[/tex]

=>    [tex]P(X >  x ) =  P(Z > \frac{x - 70.3 }{2.1 }  ) = 0.025[/tex]

Generally the critical  value of  0.025 from the normal distribution table is  

      [tex]Z_{0.025} =  1.96[/tex]

So

      [tex]\frac{x - 70.3 }{2.1 }   =  1.96[/tex]

=>   [tex]x =  74.416 \ in[/tex]

The cut-off height will be "74.416 in".

Probability:

This same probability of an occurrence occurring is defined by probability. There are several real-life scenarios in something we should forecast the result of such an occurrence.

According to the question,

Mean, μ = 70.3 in

Standard deviation, σ = 2.1 in

Now,

The probability of getting people with height be:

→ P(X > x) = P([tex]\frac{X -\mu}{\sigma} > \frac{x-70.3}{2.1}[/tex])

                = 0.025

We know,

Z = [tex]\frac{X- \mu}{\sigma}[/tex]

→ P(X > x) = P(Z > [tex]\frac{x-70.3}{2.1}[/tex])

                = 0.025

The critical value be:

[tex]Z_{0.025}[/tex] = 1.96

hence,

The cut-off height be:

[tex]\frac{x-70.3}{2.1}[/tex] = 1.96

      x = 74.416 in

Thus the above answer is correct.

Find out more information about probability here:

https://brainly.com/question/24756209

Pls pls pls pls help me i nerd help asap i will give BRAINLIEST!!!!!!

Answers

Answer:

y = 2x+4

Step-by-step explanation:

From the graph, we can tell that slope is 2 because if we go up 2 units up from (0,4) which is point Q and then go right 1 unit, the slope is 2. The y intercept is (0,4)

y = mx + b

m --> slope

b --> y-intercept

y = 2x+4

The answer would be (3, 4) hopefully it’s correct but I’m not sure. I’m glad to help you.

a model boat travels at 20 cm per second.How many meters will the boat travel in 2 minutes

Answers

Answer:

24 meters

Step-by-step explanation:

distance  = velocity x time

                = 20 cm/sec x  1m/100cm x 60 sec/min x 2 min

                = 24 meters.

24m in two minutes. There are 120 seconds in 2 minutes. If we know that it moves 20cm every second, then we know that after 2 minutes it would have traveled 2400cm, if we convert that into m, we get 24m. Hope this helped :)

Maria found the least common multiple of 6 and 15. Her work is shown below.

Multiples of 6: 6, 12, 18, 24, 30, 36, 42, 48, 54, 60, . . .
Multiples of 15: 15, 30, 45, 60, . . .

The least common multiple is 60.

What is Maria’s error?

Answers

Answer:

the lcm would be 30 not 60

Step-by-step explanation:

Answer:

the least common multiple is 30 but instead she found the greatest common mutiple.

Step-by-step explanation:

(4 x 1/10) + (8 x 1/1000) to the nearest hundredth *

Answers

It equals to 0.408 according to my calculator
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