Based on the information the cost of the product is $40,000.
Given:
Percentage earn=5% or 0.05
Amount earned=$2,000
Let x represent the cost of the product
Hence:
Formulate
.05x = $2000
Divide both sides by .05
x=$2,000/.05
x=$40,000
Inconclusion the cost of the product is $40,000.
Learn more about cost here:brainly.com/question/824281
<span>The answer is biased because it isnt valied if 1 out of 100 is defective, then 30 out of 3000 would be defective. He wants his company to look better</span>
Answer:
63 & 197
Step-by-step explanation:
Thus second number is 3*63+8=197
Answer:
(a) The probability of the event (<em>X</em> > 84) is 0.007.
(b) The probability of the event (<em>X</em> < 64) is 0.483.
Step-by-step explanation:
The random variable <em>X</em> follows a Poisson distribution with parameter <em>λ</em> = 64.
The probability mass function of a Poisson distribution is:
(a)
Compute the probability of the event (<em>X</em> > 84) as follows:
P (X > 84) = 1 - P (X ≤ 84)
Thus, the probability of the event (<em>X</em> > 84) is 0.007.
(b)
Compute the probability of the event (<em>X</em> < 64) as follows:
P (X < 64) = P (X = 0) + P (X = 1) + P (X = 2) + ... + P (X = 63)
Thus, the probability of the event (<em>X</em> < 64) is 0.483.