Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I attached an image below. 4. Assuming that naptimes for kids in a preschool are uniformly distributed between 30 minutes and 180 minutes per day,

I attached an image below.

image text in transcribed
4. Assuming that naptimes for kids in a preschool are uniformly distributed between 30 minutes and 180 minutes per day, nd the probability that a randomly chosen kid has a naptime between 45 minutes and 75 minutes. 5. Assuming that workers' salaries in your company are uuit'onnly distributed between 825,000 and $65,000 per year, calculate the average salary in your company. 6. A group of nancial loan institutions are failing at a rate of 5% per year. (a) What is the probability an institution will last between 5 and 8 years (rounded to 5 decimal places)? (b) How long will it take on average for an institution to fail (nearest year)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Precalculus Enhanced With Graphing Utilities (Subscription)

Authors: Michael Sullivan, Michael Sullivan III

7th Edition

0134273125, 9780134273129

More Books

Students also viewed these Mathematics questions

Question

describe several successful positive work interventions.

Answered: 1 week ago

Question

1. What does this mean for me?

Answered: 1 week ago