The campus bookstore knows from the past several semesters that a certain elementary statistics book has a demand that is approximated by a normal distribution with a mean of 250 and a standard deviation of 40. They buy these books for $105 each and sell them to unsuspecting undergraduates at $222 each. All demand for this book is realized by the middle of the semester, at which point the bookstore bundles them up and sells them to a vendor in another country for $40 each. What is the probability of sale for the last book that the bookstore should purchase for sale to a student

Answers

Answer 1

Answer:

0.357

Step-by-step explanation:

The computation of the probability of sale for the last book that the bookstore should purchase for sale to a student is shown below

Probability is

= 1 - ((Cs ) ÷ (Cs + co))

= 1 - (($225 - $105) ÷ ($117 + ($105 - $40)))

= 1 - 0.6428

= 0.357

Here Cs represent the notional loss in the case when the demand is underestimated

And Co represent the notional loss in the case when the demand is overestimated


Related Questions

Grocery store sells tangerines in 2/5 kg bags. A customer bought 4kg of tangerines for a school party. How many bags did he buy

Answers

In order to have 4 kg, he must have 20/5 kg. Each bag is 2/5 kg, so 2/5 times 10 is 20/5 or 4kg. Therefore, he bought 10 bags of tangerines for the school party.

ILL GIVE BRAINLIEST IF CORRECT!! Stacey is standing in a field. She walks 11 meters west, 30 meters north, 4 meters west and finally 22 meters south. How many meters is she from her starting point?

Answers

Answer:

21 meters

Step-by-step explanation:

Answer:

17

Step-by-step explanation:

Last year, the debate club had 16 members. This year, the club has 10 members. What is the percent of change in the number of club members?

Answers

Answer:

-60%

Step-by-step explanation:

The formula for percent change is [ x2-x1/x1 ].

10-16/10

-6/10 or -0.6

~Multiply by 100%

-0.6 * 100% = -60%

Best of Luck!

The dot plot show the heights of the players on two basketball teams

Answers

Answer:

Okay and? im confused there is no dot plot or question here...

Step-by-step explanation:

Answer:

H. Team B has a greater range in player heights than Team A has.

Step-by-step explanation:

just did the quiz

please help me with this question

Answers

The answer is b with the angles

If I had 1 banana then I ate that banana how many of the banana would I have hint the peal First person gets brainliest

Answers

1 peal 0 banana

eeeeeeeeeeeeee

4х + 3y = 12
х = 5y - 20


Solve the system by substitution

Answers

Answer:

y=4 and x=0

Step-by-step explanation:

4(5y-20)+3y=12

20y-80+3y=12

23y-80=12

23y=92

y=4

Substitute y as 4 to get x.

Answer:

y=4

x=0

Step-by-step explanation:

4x + 3y = 12

X - 5y =-20

Multiply second equation by 4

4x + 3y = 12

4x - 20y = - 80

Subtract

23y = 92

y = 92/23

y =4

Put the value in first equation

4x + 12 =12

So 4x = 0

Therefore x= 0

Find the h.c.f by division method:
399, 665, 1463.

Help!! Teachers,students,etc

Answers

16 is 69 but the answer is 83

Answer:

6 8 8 8 89 9 8 8 66 4 4 4 57 8c8 7 54

Ethan sold 2/3 gallon of lemonade. Kayla sold some lemonade too. Together, they sold
1/4 gallons. Who sold more lemonade, Ethan or Kayla? How much more?

Answers

Answer:

Ethan sold more

Step-by-step explanation:

2/3 and 1/4

Simplify to 8/12 and 4/12

8/12 is more

HELP PLZ
find the value of x

Answers

Answer:

x=8

Step-by-step explanation:

Out of 40 students in class 8,20% were absent.How many students were present?​

Answers

Understanding:

The total number of students is 40. 8.20% of them were absent, which means the rest were present, or in other words, (100-8.20)% were present or 91.8%. We can find the actual number of present students by multiplying the percentage of present students by the total number of students.

Solution:

Present Percentage = 91.8% or [tex]\frac{91.8}{100}[/tex]

Present Students = [tex](\frac{91.8}{100})(40)=36.72[/tex], since we are dealing with people we have to round it, so the present students are actually 37.

How do you convert a rational exponent into a radical? Use proper terminology (numerator, denominator, index, radicand, power).

Answers

Answer: 1. Well, for one they both have a 'radicand' and you can arrange both of them in a fraction form.

2. Graph is increasing, there's an asymptotic value, the domain is all real numbers, the range is y > 0. If you add a constant, you are shifting it vertically, which means it's y-intercept will change by the magnitude of the constant.

3. Linear functions are a straight line with one definite slope. Exponential functions are basically curves with their slopes, not constantly, but changing. As you increase your x-values, the linear functions lacks behind, and the exponential one becomes very large.

4. I really don't know how to explain this, it's kind of confusing.

5. You can use the slope formula: (y2-y1)/(x2-x1). Plug in values, you get:

(12-8)/(4-2). This can be simplified to 4/2 or just 2. That's his average rate of change: 2 balls per day.

6. An arithmetic sequence adds on a specific value every time. For example: {1, 3, 5, 7...}

A Geometric sequence increases every time by a common ratio. For example: {2, 6, 18, 54...}

6. If it's relative to time, then you have a parametric equation dealing with time. Just like that, you can see that 1 variable changes with respect to the other, and that implies parametricity.

Step-by-step explanation:

9514 1404 393

Answer:

  [tex]x^{a/b}=\sqrt[b]{x^a}=(\sqrt[b]{x})^a[/tex]

Step-by-step explanation:

The denominator of the fractional exponent becomes the index of the root. The exponent numerator is left as the power of the base. The exponent can be inside or outside the radical.

  [tex]x^{a/b}=\sqrt[b]{x^a}=(\sqrt[b]{x})^a[/tex]

to find the quotient 3/4 by 1/8

0 multiply 4/3 by 1/8

0 multiply 3/4 by 8

0 multiply 4/3 by 8

0 multiply 3/4 by 1/8

PLZ ASAP​

Answers

Answer: D is 0.93

Step-by-step explanation:

(3/4 x 1/8 = 0.93 ) We are looking for 0.93.

4/3 x 1/8 = 0. 16

4/3 × 8 = 10.6

3/4 × 1/8 0.93

I really need help on this

Answers

Answer:

i think its c i could be wrong but just go with your gut felling

Step-by-step explanation:

Write a linear function for each line that relates to y to x

Answers

Answer:

Please check the complete explanation below.

Step-by-step explanation:

We know that the slope-intercept form of the line equation

[tex]y = mx+b[/tex]

where m is the slope and b is the y-intercept

                                       ANALYZING TABLE 1

Part A)

Given table 1

x           0            1              2            3

y           1             3              5            7

From table 1, the y-intercept can be determined by setting  x=0 and checking the corresponding y-value.

so at x = 0, y = 1

Thus, the y-intercept is (0, 1).

From the graph, it is clear that the line W has a y-intercept (0, 1).

Therefore, table 1 represents the line W.

Part B)

Taking two points (0, 1) and (1, 3) to find the slope using the formula

m = (y₂-y₁) / (x₂-x₁)

m = 3-1 / 1-0 = 2/1 = 2

now substituting m = 2, and b = 1 in the slope-intercept form

y = mx+b

y = 2x+1

Thus, table 1 represents the line W with the equation line y = 2x+1

                                  ANALYZING TABLE 2

Part A)

Given table 2

x           0            1              2            3

y           0             3             6            9

From table 2, the y-intercept can be determined by setting  x=0 and checking the corresponding y-value.

so at x = 0, y = 0

Thus, the y-intercept (0, 0).

From the graph, it is clear that line F has a y-intercept (0, 0).

Therefore, table 2 represents the line F.

Part B)

Taking two points (0, 0) and (1, 3) to find the slope using the formula

m = (y₂-y₁) / (x₂-x₁)

m = 3-0 / 1-0 = 3/1 = 3

now substituting m = 3, and b = 0 in the slope-intercept form

y = mx+b

y = 3x+0

y = 3x

Thus, table 2 represents the line F with the equation y = 3x

                                    ANALYZING TABLE 3

Part A)

Given table 1

x           0            1              2            3

y           2             3             4            5

From table 3, the y-intercept can be determined by setting  x=0 and checking the corresponding y-value.

so at x = 0, y = 0

Thus, the y-intercept (0, 2).

From the graph, it is clear that line N has a y-intercept (0, 2).

Therefore, table 3 represents line N.

Part B)

Taking two points (0, 2) and (1, 3) to find the slope using the formula

m = (y₂-y₁) / (x₂-x₁)

m = 3-2 / 1-0 = 1/1 = 1

now substituting m = 1, and b = 2 in the slope-intercept form

y = mx+b

y = (1)x+2

y = x+2

Thus, table 2 represents the line N with the equation y = x+2

ARIHANNAL
Session 2: Calculator
Question 22
X+Y
Line
Guide
Jason took out an $800 loan from his bank two years ago. He recently paid $860 back to the bank. This included the original loan amount
and the simple interest charged to him.
What was the annual interest rate of Jason's loan?
a 3%
D 3.75%
7.5%
15%

Answers

Answer:

I think its 3 or 3.75 you can check

Step-by-step explanation:

Lisa reads 45 pages in 8 minutes. How many minutes will it take her to read 36 pages. Use a proportion or unit rate to solve.​

Answers

Answer:

Step-by-step explanation:

if Lisa Read

45pages/8minutes she will read 36 pages/? minutes

45/8=5.62 pages/minute

36/5.62=6.4 minutes

roughly 6 minutes

1. 400 +4
2. 320+ 4
3. 360 +9
4. 5,0005
5. 3,000 +5

Answers

Answer:

1. 400 ÷ 4 = 100

2. 320 ÷ 4 = 80

3. 360 ÷ 9 = 40

4. 5000 ÷ 5 = 1000

5. 3000 ÷ 5 = 600

Answer:

1:100

2:80

3:40

4:1000

5:600

Step-by-step explanation:

help now fast i will mark brainlest and please don't just put the answer work it out

Answers

Answer:

a. 6276

b. 5590

c. 23128

d. 17325

e. 15090

f. 40419

g. 10496

h. 15000

i. 15648

99% sure

Find the values of a and b so that the linear system has the given solution.
Given Solution: (2, 1)
Equation 1: ax - by'= 4
Equation 2: bx - ay = 10

Answers

Answer:

a = 6, b = 8

Step-by-step explanation:

given (2,1)

2a - 1b = 4

-1a + 2b = 10

this gives us:

a + b = 14

solve for a

a = 14 - b

plug into first equations

2(14-b) - b = 4

28 - 2b - b = 4

28 - 3b = 4

24 = 3b

b = 8

now plug b back into your equation for a, and you get:

a = 14 - 8

a = 6

Jamison wants to save up his money to buy a car. His parents said they will match what he saves, up to $2000. Jamison mows lawns in the summer, and shovels snow in the winter. He charges $25 per lawn, and $20 per driveway. Let X represent the amount of money that Jamison can save so that his parents will match the amount. Let L represent the number of lawns he mows , and T represent the number of driveways he shovels. Which of the following inequalities need to be part of the system? Select all that apply.
25L + 20d < x
x (greater than or equal to) 2000
20L+25d=x
25L+20d=x
x(less that or equal to)2000

Answers

Answer:

25l+20d=x and x ≤ 2000 needs to be part of the system.

Step-by-step explanation:

Given that:

Amount charged per lawn = $25

Number of lawns = l

Amount charged per driveway = $20

Number of driveways = d

Amount saved by Jamison = x

[tex]25l+20d=x[/tex]

Amount given by parents = upto $2000

It means the parents will not give more money than $2000, therefore, we will use less than equal to inequality

x ≤ 2000

Hence,

25l+20d=x and x ≤ 2000 needs to be part of the system.

Solve the system.
x + 2y – 4z = 4
2x – y + 2z = 3
3x – 8z = -2

Enter answer as ordered triple.

(2,[?],[?])

Answers

From  second equation :

2x - y + 2z = 3

z = (3 + y - 2x)/2

Putting value of z in equation 1 and 3, we get :

x + 2y - 4( 3 + y - 2x )/2 = 4

x + 2y - 2( 3 + y - 2x ) = 4

x + 2y - 6 -2y +4x = 4

5x = 10

x = 2

Putting value of x in third equation, we get :

8z = 3( 2 ) + 2

z = 1

Putting value of x and z in equation 2, we get :

y = 2( x+z) - 3

y = 2( 1 + 2) - 3

y = 3

Therefore, the answer as an ordered triple is ( 2, 1, 3 ).

Please Help
3x^2-5x+2=0

Answers

Answer: C

Step-by-step explanation:

Find the value of two numbers if their sum is 17 and their difference is 3.

Answers

Step-by-step explanation:

x+y=17 (First equation)

x-y=3 (Second equation)

Solving Equation (i)

x+y=17

x=17-y(First equation)

Putting value of x in equation (ii)

x-y=3

x=3+y

17-y=3+y

17=3+y+y

17=3+2y

2y=17-3

y=14/2

y=7

Putting value of y in equation(i)

x=17-y

x=17-7

x=10

Answer this thanks!!!!

Answers

Answer:

B

Step-by-step explanation:

$65×6%=$3.90

$3.90+$65=$68.90

m I right

Luis buys 6 pizza's for $36.90 at the Italian restaurant, how much does 1 pizza cost?

Answers

Answer:

$6.15 for 1 pizza.

Step-by-step explanation:

The answer is 6.15 because 36.90 divided by 6 is 6.15.

P.S Can I have brainliest?

One pizza is $6.15.

Completely factor the polynomial. 12x2 + 2x - 4

Answers

Happy holidays!!!!;)

write the number with the least value using the digits 1 through 9. use each digit only once. explain your reasoning

Answers

Answer: 123456789

Step-by-step explanation:

We need to write a 9-digit number using the digits 1, 2, 3, 4, 5, 6, 7, 8, and 9.

(where we can use each digit only one time)

We want the value of this 9-digit to be the smallest as possible, then:

The largest single value digit (9), needs to be in the smallest value place (in the units place)

The second larger digit (8), must be in the second smallest value place (in the tens)

And so on, then the 9-digit number will be something like:

123456789

Any other permutation will be larger than this number.

Jada traveled 135 miles in 3 hours. Andre traveled 228 miles in 6 hours. Both Jada and Andre traveled at a constant speed.

Answers

Answer:

Jada travels faster at a speed of 45mph

Step-by-step explanation:

Jada travels faster at a speed of 45mph

When you divide the overall miles from the time it takes you get the miles per hour.

Jada: 135/3= 45

Andre: 228/6= 38

Jada travels at 45mph as Andre travels at 38mph.

Hope this helps!

Answer:

45

Step-by-step explanation:

Mrs. Cameron's famous peanut butter cookies call for 1 cup of peanut butter for every 1 2 of a cup of oil. Today, she wants to make a huge batch with 1 cup of oil. How much peanut butter should she use?

Answers

she would use 2 cups. please mark me brainliest. have a great day and good luck with school :)
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The opening paragraph of an essay should contain which of the following?A. the supporting details of a paragraphB. the location where the author wrote the essayC. the main idea of the essayD. background information about the author A leader who tries to connect with their workers by understanding their wants and needs is practicing ______.a.Courageb.Dependabilityc.Empathyd.Vision PLEASE HELP DUE IN 5 min What is the percent of increase from 64 to 80?Please help me Im almost done! A company offers two monthly plans. Plan A costs $ 25 plus an additional $0.10 for each minute of calls. Plan B costs $18 plus an additional $0.15 for each minute of calls. Please help me ASAP!! Solve this puzzle.Use these given words as hintswhat will you get after you solve the puzzle?Please help!!will give the brainliest! Help me please its due in 5 minutes The colors of transition metal complexes result from transitions in which a. vibrations of the ligands are excited to higher energies. b. electrons of the ligands are excited to higher energies. c. electrons of the transition metal ion are excited to higher energies. d. rotations of the entire complex are excited to higher energies. e. nuclear spins of the transition metal ion are excited to higher energies. If you are holding a stack of books at your waist and then you walk across the room your hands did?1) efficiency2) power3) work4) no work Chef Talbot is baking 6 blueberry pies. If he uses 3/4 of blueberries in each pie, how many pints of blueberries will he need?? What is the probability that when you roll a standard 6-sided number cube, you roll a number more than 6?A. CertainB. ImpossibleC. LikelyD. Unlikely How do you say malicious in French President William McKinley's War Message to Congress; April 11, 1898The present condition of affairs in Cuba is a constant menace (threat) to our peace andentails upon this Government an enormous expense. With such a conflict waged foryears in an island so near us and with which our people have such trade and businessrelations, when the lives and liberty of our citizens are in constant danger and theirproperty destroyed and themselves ruined; where our trading vessels are liable(likely) to seizure and are seized at our very door by war ships of a foreign nation theresulting strained relations, are a constant menace(danger) to our peace and compel usto keep on a semi-war footing with a nation with which we are at peace.1. Why should we go to war? Two parties in a disagreement want to reach consensus. Which resolution strategy should they use?O compromiseO accommodationO collaborationO competition The most powerful empire between the 1500s and 1600s was the __________ Empire. A. Ottoman B. Mauryan C. Roman D. Persian Please select the best answer from the choices provided A B C D, Which one of the following is the best explanation of international logistics? Formation of Water Reaction Ella wants to buy a new uniform for work that costs $32. Her employer promises to pay 20% of the cost, while Ella must pay the rest. How much money will her employer pay? Which of the following tables represents a function?