The probability that the new UNC-CH logo will be profitable is <u>0.9897 </u>while the probability for NC State will be <u>0.9600.</u>
<h3 /><h3>What is the probability that the brands will be successful?</h3>
The probability that the UNC-CH logo is successful is:
= Favorable odds / Total odds
= 96 / (96 + 1)
= 0.9897
The probability that the NC State logo is profitable is:
= Favorable odds / Total odds
= 24 / (24 + 1)
= 0.9600
There is less than a 3% variation in both logos' profitablility probability so the company should not spend 4 times more on UNC-CH.
Find out more on probabilities of profit at brainly.com/question/13500115.
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The gcf of 100 and 20 would be 5. hopefully that's right, and that this helped.
Answer:
<em>75</em>
Step-by-step explanation:
Given:
f(1) = 100
f(n+1) = f(n) - 5
Solve for:
f(6)
Solution:
f(1) = 100
f(2) = f(1) - 5 = 100 - 5 = 100 - 1 x 5 = f(1) - 1 x 5
f(3) = f(2) - 5 = 100 - 5 - 5 = 100 - 2 x 5 = f(1) - 2 x 5
...
f(n) = f(n - 1) - 5 = 100 - (n-1) x 5 = f(1) - (n-1) x 5
=> f(6) = f(1) - (6-1) x 5 = 100 - 5 x 5 = 100 - 25 = 75
Hope this helps!