subject
Mathematics, 01.10.2019 00:10 micahsocool23

You have decided to sell an item on craigslist. you have given no price in your ad: instead, you ask the interested people reading the ad to submit an offer. their offers will be uniformly distributed between 0 and 100 dollars (decimals included 1 – hence, an offer of $9.83 is perfectly valid). you would like to make at least $75 from the item. in addition, you receive exactly one offer every day since posting the ad. answer the following questions. (a) what is the probability a random offer you receive is higher than or equal to $75? (b) consider you will not accept any offers below $75, what is the probability you sell your item on exactly the third day (so at the third offer received)? (c) you decide not to look at your email for 10 days. when opening your email again to check on the (10) offers you have received, what is the probability that at least one of them offers you $75 or more?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 15:30
It takes a total of 6 hours to fill up an inground backyard pool using a standard house. a function can represent this situation to represent the amount of water in the pool until it is full a function of time the hose is running. determine the domain for the function
Answers: 1
question
Mathematics, 21.06.2019 17:30
Afarmer sells 9.5 kilograms of apples and pears at the farmer's market. 4/5 of the weight is the apples and the rest is the pears. how many kilograms of pears did she sell at the farmers market
Answers: 1
question
Mathematics, 21.06.2019 18:00
In a graph with several intervals o data how does a constant interval appear? what type of scenario produces a constant interval?
Answers: 1
question
Mathematics, 21.06.2019 18:30
Anormally distributed data set has a mean of 176.3 and a standard deviation of 4.2. what is the approximate z-score for the data value of 167.9? 2.00 −2.00 8.4 −8.4
Answers: 2
You know the right answer?
You have decided to sell an item on craigslist. you have given no price in your ad: instead, you as...
Questions
question
English, 20.10.2021 18:20
question
Physics, 20.10.2021 18:20
question
Mathematics, 20.10.2021 18:20
Questions on the website: 13722361