Matt started his own company where he rents used textbooks to struggling college students at multiple Universities for a low rate. Over the last few years Matt has been able to collect a total of 250 textbooks for his business at Temple University. Unfortunately, students can be irresponsible and lose their textbook rental causing a loss for Matt. Based on past information Matt has collected the data below for Temple University based on losses per semester. #
of losses per semester Probability
0 0.08
5 0.16
10 0.28
15 0.32
20 0.14
25 0.02
a. Calculate the expected frequency of losses per semester. (2 points)
b. Calculated the variance. (2 points)
Now assume that when losses do occur, they are non-random and losses equal $60.
c. Calculate the expected losses per semester? (2 points)
d. Calculate the expected losses for ALL textbooks per semester. (1 point)
e. Calculate the expected losses for ALL textbooks for the next 2 school years (4 semesters). (1 point)

Answers

Answer 1

Answer:

a. Expected frequency of losses per semester = 0*0.08 + 5*0.16 + 10*0.28 + 15*0.32 + 20*0.14 + 25*0.02

Expected frequency of losses per semester = 11.7 losses per semester

b. Variance = (0-11.7)²*0.08 + (5-11.7)²*016 + (10-11.7)²*0.28 + (15-11.7)²*0.32 + (20-11.7)²*0.14 + (15-11.7)²*0.02

Variance = 10.9512 + 7.1824 + 0.8092 + 3.7848 + 9.6446 + 3.5378

Variance = 35.61

c. As losses equal $60, expected losses per semester = 11.7*$60 = $702

d. Expected losses of all textbooks per semester = 250*11.7*$60 = $175,500


Related Questions

PLEASE HELP! I NEED HELP Use synthetic division!​

Answers

it’s the first one - 3x^2 - 3x+8 - 9/x+1

The slope indicates that the height ? feet per minute.

Answers

The distances in length and height and the total have the same unit (e.g. feet or meters). When the slope is decreasing, height and slope have a minus as prefix.

Example: a road with 15% slope has an angle of 8.58°. At a length of 200 feet, a height of 30 feet and a total distance of 202.24 feet is covered. Total Distance, Length and Height.

James had a large bag of raisins. He ate
3/4


of it. Then, he shared the rest of the raisins with 2 friends and himself (3 people in total). What portion of the whole bag of raisins did each of his friends get? Choose the numbers to complete the fraction?

Choose...



Choose...
PLEASE HELP ASAP

Answers

Answer:

1/12

Step-by-step explanation:

3/4=9/12

12/12-9/12=3/12

(3/12)/3=1/12

Answer:

The friend both get 1/12

Step-by-step explanation:

Hope this helps!

A machine is used to fill plastic bottles with bleach. A sample of 18 bottles had a mean fill volume of 2.007 L and a standard deviation of 0.010 L. The machine is then moved to another location. A sample of 10 bottles filled at the new location had a mean fill volume of 2.001 L and a standard deviation of 0.012 L. It is believed that moving the machine may have changed the mean fill volume, but it is unlikely to have changed the standard deviation. Assume that both samples come from approximately normal populations and have equal variance. The 99% confidence interval for the difference between the mean fill volumes at the two locations is approximately

Required:
Find a 99% confidence interval for the difference between the mean fill volumes at the two locations.

Answers

Answer:

The 99% confidence interval for the difference between the mean fill volumes at the two locations is;

-0.1175665 L < μ₁ - μ₂ < 0.1295665 L

Step-by-step explanation:

The number of bottles in the sample at the first location, n₁ = 18 bottles

The mean fill volume, [tex]\bar{x}_{1}[/tex] = 2.007 L

The standard deviation, σ₁ = 0.010 L

The number of bottles in the sample at the second location, n₂ = 10 bottles

The mean fill volume, [tex]\bar{x}_{2}[/tex] = 2.001 L

The standard deviation, σ₂ = 0.012 L

The nature of the variance of the two samples = Equal variance

The confidence interval of the statistics, C = 99%

The difference between the mean

[tex]\mu_1 - \mu_2 = \left (\bar{x}_{1}- \bar{x}_{2} \right )\pm t_{\alpha /2} \times \sqrt{\dfrac{\sigma _{1}^{2}}{n_{1}}+\dfrac{\sigma _{2}^{2}}{n_{2}}}[/tex]

(1 - C)/2 = (1 - 0.99)/2 = 0.005, the degrees of freedom, f = n₁ - 1 = 10 - 1 = 9

∴ [tex]t_{\alpha /2}[/tex] = 3.25

Therefore, we have;

[tex]\mu_1 - \mu_2 = \left (2.007- 2.001 \right )\pm 3.25 \times \sqrt{\dfrac{0.01^{2}}{18}+\dfrac{0.12^{2}}{10}}[/tex]

Therefore, we have the difference of the two means given as follows;

-0.1175665 L < μ₁ - μ₂ < 0.1295665 L

a school paid $31.50 for each calculator, if the school spent 504 dollars on calculators how many did the school buy?​

Answers

The school bought 16 calculators.


504/31.50 =16

I will mark someone brainliest!

Answers

Answer:

2nd option is the correct answer

Step-by-step explanation:

Oscillating powerful magnets within wire coils.

Answer:

Step-by-step explanation:

I think it's got to be coal because the power plants always have like smoke and d is the only one that burns something

HELP!!!!
Given the inequality 6x - 10y ≥ 9 select all possible solutions!!
( -1, 1)
( 2, 8)
( 2, 1)
(-3, -4)
( 5, 2)
( 4, -2)

Answers

3 Answers: Choice D, Choice E, Choice F

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

Explanation:

The inequality 6x - 10y ≥ 9 solves to y ≤ (3/5)x - 9/10 when you isolate y.

Graph the line y = (3/5)x - 9/10 and make this a solid line. The boundary line is solid due to the "or equal to" as part of the inequality sign. We shade below the boundary line because of the "less than" after we isolated for y.

Now graph all of the points given as I've done so in the diagram below. The points in the blue shaded region, or on the boundary line, are part of the solution set. Those points are D, E and F.

We can verify this algebraically. For instance, if we weren't sure point E was  a solution or not, we would plug the coordinates into the inequality to get...

6x - 10y ≥ 9

6(5) - 10(2) ≥ 9 .... plug in (x,y) = (5,2)

30 - 20 ≥ 9

10 ≥ 9 ... this is a true statement

Since we end up with a true statement, this verifies point E is one of the solutions. I'll let you check points D and F.

-----------

I'll show an example of something that doesn't work. Let's pick on point A.

We'll plug in (x,y) = (-1,1)

6x - 10y ≥ 9

6(-1) - 10(1) ≥ 9

-6 - 10 ≥ 9

-16 ≥ 9

The last inequality is false because -16 is smaller than 9. So this shows point A is not a solution. Choices B and C are non-solutions for similar reasons.

help!! will mark brainliest

use the following coordinate plane to write the ordered pair for each point.

Answers

Answer:

A (-2.5,0)

b(3,3)

c(1,-4)

Step-by-step explanation:

The measure of the interior angles of four refusal

Answers

Answer:

B) 180(n-2)

Step-by-step explanation:

B) 180(n-2)

Find the area of the shaded polygons. PLEASE WILL GIVE BRANLIEST

Answers

Answer:

Green: 8 units

Red: 8.75 units

Step-by-step explanation:

Detail attached.

What is the value of x?

Answers

Answer:

x=14/3

Step-by-step explanation:

According to the corresponding angles theorem, when parallel lines are cut by a transversal, the corresponding angles are congruent. These 3 lines are all parallel, so 70 = 12x +14.

Subtract 14 from both sides

56 = 12x

Divide both sides by 12

14/3 = x

x=14/3

Factor completely 185-32 Enter your answer in the boxes​

Answers

Answer:

2 (9b - 16)

Step-by-step explanation:

18b - 32

2 (9b - 16)

Answer:

2(9b-16)

Step-by-step explanation: I looked it up on m a t h w a y sorry if its wrong! <3

PLEASE ANSWER ASAP WITH SHOWN WORK FOR BRAINLEST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
im so confused

Answers

Answer:

A) 216 in²

Step-by-step explanation:

2(1/2)(6)(4)=24

2x5x12=120

6x12=72

24+120+72=216

Aaron rolls a die 40 times. On 25 of those rolls, he has a 3. Michelle rolls a die 80 times. On 40 of those rolls, she has a 6. Which
statement is TRUE about the experimental and theoretical probabilities?
A)The theoretical probability for rolling a 3 is the same as for rolling a 6.
B)The theoretical probability for rolling a 3 is greater than for rolling a 6.
C)The experimental probability for Aaron's tries is the same as Michelle's
tries.
D)The experimental probability for Aaron's tries is less than the experimental
probability for Michelle's tries.

Answers

Answer:

Pretty sure its D lemme know if I'm right

Which equation shows the line with m = 6 and Y - intercept = -3,
written in slope-intercept form?

Answers

Answer:

y = 6x - 3

Step-by-step explanation:

The equation shows the line with slope of 6 and y-intercept = -3 will be y = 6x - 3.

What is a linear equation?

A relationship between two or more parameters that, when shown on a graph, produces a linear model. The degree of the variable will be one.

The linear equation is given as,

y = mx + c

Where m is the slope of the line and c is the y-intercept of the line.

The slope of the line is 6 and the y-intercept of the line is negative 3. Then the equation of the line will be

y = 6x - 3

The equation shows the line with slope of 6 and y-intercept = -3 will be y = 6x - 3.

More about the linear equation link is given below.

https://brainly.com/question/11897796

#SPJ2

which set of measurements would NOT creat a triangle?


A) 3in,8in,6in
B) 14in,6in,20in
C)11in,12in,22in
D)9in,8in,16in​

Answers

Answer is b because thats the answers

7/10 -3/5 plz help me

Answers

it’s 1/10 I am pretty sure it’s that!!

The diameter of the circle shown below is 12. What is the area of the circle?
12
7

Answers

Answer:

113.1 square inches.

If M= {m, a,t} how many subsets of M are there?

Answers

Answer:

8 {m},{a},{t},{m,a},{m,t},{a,t},{m,a,t},{}

The length of a cut board in a sawmill should be within 2% of the board’s length. Write an absolute value inequality that describes the length L of an acceptable board with an official length of 12 feet. Solve the inequality and summarize the answer using a complete sentence.

Answers

Answer:

d

Step-by-step explanation:

also (area O O O O O O​

Answers

Answer:

slide A= 6

slide B= 8

perimeter= 36

Area = 80

Step-by-step explanation:

Answer:

slide A= 6

slide B= 8

perimeter= 36

Area = 80

Step-by-step explanation:

Please this will determine if I pass

Answers

The answer is B through ASA (Angle-Side-Angle) similarity criterion.

What is the perimeter of the larger triangle
18
b) 45
d) 36

Answers

Answer:

36

Step-by-step explanation:

its x2 for the missing  length of the original once you have it add it all up.

Identify the graph which shows the figure in graph A, rotated 90° in a clockwise direction around the origin.

Answers

the correct answer would be graph 1

5th grade math. correct answer will be marked brainliest.

Answers

Answer:

(1,23) , (2,28) , (3,32) , (4,35)

Step-by-step explanation:

Just match the X value with its corresponding Y value



P is a rectangle with length 40 cm and width x cm.
Q is a rectangle with width y cm.
Р
The length of Q is 25% more than the length of P.
The area of Q is 10% less than the area of P.
Work out the ratio xiy
Give your answer in its simplest form.
x cm
40 cm
Q
y cm​

Answers

Answer:

we know that

the length of Q is 25% more than the length of p

so

length Q=1.25*40--------> 50 cm

the area of Q is 10% less than the area of p

Area Q=50*y

Area P=40*x

so

50*y=0.90*[40*x]---------> 50*y=36*x-------> x/y=50/36---> 25/18

the answer

the ratio x:y is 25:18

Can i have brainliest? please?

Holly works at a garage.
Mr Bakir brings his car in for a service.
He also buys 2 tyres and a battery.
Holly has this list of costs
• service £110
• tyres £49.99 each
• battery £89
She uses this list to start to work out the bill for Mr Bakir.
Holly also has to charge 20% VAT on the costs to work out the total bill.
Work out the total bill. (You MUST show your working in the box below)
(4 Points)

Answers

The answer is £287.98 is the correct answer

1.1.2
Calculate the amount of VAT payable on a coffee mug that costs R75.90
(VAT exclusive)​

Answers

6999999 huhuijuu harder daddy

What is the formula for calculating Cone?​

Answers

V= πr2(the two is an exponent* h/3 (it’s a fraction)
v=(pie)r2
(i cant find the pie simbol)

Find the area of each figure

Answers

I can’t answer because there’s No pictures.
There’s no pictures
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