Contemporary Mathematics for Business & Consumers
8th Edition
ISBN: 9781305585447
Author: Robert Brechner, Geroge Bergeman
Publisher: Cengage Learning
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Chapter 3.II, Problem 29RE
To determine
To calculate: The value of
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Problem 1
An airport is served with an average of 10 departures per day to your desired
destination. However, all these flights leave at random times. You are trying to decide how
long you are willing to wait to catch the next flight after you arrive at airport.
Part A: Acceptable waiting time: T [min] = 78min
Part B: What is the probability there will be exactly one departure during this waiting time?
Part C: What is the probability there will be exactly no departure during this waiting time?
Part D: Which calculation (B or C) should you use to make your decision to wait or leave?
Why?
Problem 5
Consider the hospital admissions table presented in the lecture:
刊
Outcome
LWBS
Admitted
Hospital 1
195
Hospital 2
270
Hospital 3
246
Hospital 4
242
1277
1558
1350
984
Not Admitted
3820
5163
4728
3103
Part A: What is the conditional probability that you were admitted if you went to hospital 3?
Part B: What is the conditional probability that you went to hospital 3 if you were admitted?
QUAT6221wA1
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Q.1.2
Match the definition in column X with the correct term in column Y.
Two marks will be awarded for each correct answer.
(20)
COLUMN X
Q.1.2.1
COLUMN Y
Condenses sample data into a few summary
A.
Statistics
measures
Q.1.2.2
The collection of all possible observations that
exist for the random variable under study.
B.
Descriptive statistics
Q.1.2.3
Describes a characteristic of a sample.
C.
Ordinal-scaled data
Q.1.2.4
The actual values or outcomes are recorded
on a random variable.
D.
Inferential statistics
0.1.2.5
Categorical data, where the categories have an
implied ranking.
E.
Data
Q.1.2.6
A set of mathematically based tools &
techniques that transform raw data into
F.
Statistical modelling
information to support effective decision-
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Chapter 3 Solutions
Contemporary Mathematics for Business & Consumers
Ch. 3.I - Read and write the following numbers in word...Ch. 3.I - Round the following numbers to the indicated...Ch. 3.I - Write the following numbers in word form.
Ch. 3.I - Write the following numbers in word form. 2.48Ch. 3.I - Write the following numbers in word form.
3. ...Ch. 3.I - Write the following numbers in word form.
4....Ch. 3.I - Prob. 5RECh. 3.I - Write the following numbers in word form. .000033Ch. 3.I - Write the following numbers in word form. .00938Ch. 3.I - Prob. 8RE
Ch. 3.I - Write the following numbers in word form. .0005712Ch. 3.I - Write the following numbers in word form.
10....Ch. 3.I - Prob. 11RECh. 3.I - Prob. 12RECh. 3.I - Prob. 13RECh. 3.I - Write the following numbers in numerical form....Ch. 3.I - Prob. 15RECh. 3.I - Write the following numbers in numerical form.
16....Ch. 3.I - Prob. 17RECh. 3.I - Round the following numbers to the indicated...Ch. 3.I - Prob. 19RECh. 3.I - Round the following numbers to the indicated...Ch. 3.I - Round the following numbers to the indicated...Ch. 3.I - Round the following numbers to the indicated...Ch. 3.I - Prob. 23RECh. 3.I - Round the following numbers to the indicated...Ch. 3.I - Prob. 25RECh. 3.I - Round the following numbers to the indicated...Ch. 3.I - You are the assistant to the production manager...Ch. 3.II - Perform the indicated operation....Ch. 3.II - Prob. 4TIECh. 3.II - Prob. 5TIECh. 3.II - Prob. 1RECh. 3.II - Perform the indicated operation for the...Ch. 3.II - Prob. 3RECh. 3.II - Prob. 4RECh. 3.II - Prob. 5RECh. 3.II - Prob. 6RECh. 3.II - Prob. 7RECh. 3.II - Prob. 8RECh. 3.II - Prob. 9RECh. 3.II - Prob. 10RECh. 3.II - Prob. 11RECh. 3.II - 12. Subtract fifteen and eighty-eight...Ch. 3.II - Prob. 13RECh. 3.II - 14. In one week of training for the San Francisco...Ch. 3.II - Prob. 15RECh. 3.II - Last week Kate Burke ran a 5-kilometer race in...Ch. 3.II - Prob. 17RECh. 3.II - Faith Sherlock received her monthly pension check...Ch. 3.II - 19. Use the chart “The Pet Story” to answer the...Ch. 3.II - Prob. 20RECh. 3.II - Prob. 21RECh. 3.II - Prob. 22RECh. 3.II - Prob. 23RECh. 3.II - Prob. 24RECh. 3.II - Prob. 25RECh. 3.II - Prob. 26RECh. 3.II - Prob. 27RECh. 3.II - Prob. 28RECh. 3.II - Prob. 29RECh. 3.II - Prob. 30RECh. 3.II - Prob. 31RECh. 3.II - Prob. 32RECh. 3.II - Divide the following numbers. Round to hundredths...Ch. 3.II - Prob. 34RECh. 3.II - Prob. 35RECh. 3.II - Sam Estero received a $50 gift card to iTunes for...Ch. 3.II - Prob. 37RECh. 3.II - 38. Jimmie Masters earns $4,825.50 per month as a...Ch. 3.II - USA Today reported that Ethiopian Airlines had...Ch. 3.II - Prob. 40RECh. 3.II - Prob. 41RECh. 3.II - Edward Nolan has room for 26 bedding plants in his...Ch. 3.II - Prob. 43RECh. 3.II - Prob. 44RECh. 3.II - 45. Tim Meekma owns a PepsiCo vending truck that...Ch. 3.II - According to the Food and Nutrition Service of the...Ch. 3.III - Convert the following decimals to their fractional...Ch. 3.III - Prob. 7TIECh. 3.III - Convert the following decimals to fractions and...Ch. 3.III - Convert the following decimals to fractions and...Ch. 3.III - Convert the following decimals to fractions and...Ch. 3.III - Convert the following decimals to fractions and...Ch. 3.III - Convert the following decimals to fractions and...Ch. 3.III - Convert the following fractions to decimals. Round...Ch. 3.III - Convert the following fractions to decimals. Round...Ch. 3.III - Convert the following fractions to decimals. Round...Ch. 3.III - Convert the following fractions to decimals. Round...Ch. 3.III - Convert the following fractions to decimals. Round...Ch. 3.III - For the following numbers, perform the indicated...Ch. 3.III - For the following numbers, perform the indicated...Ch. 3.III - For the following numbers, perform the indicated...Ch. 3.III - For the following numbers, perform the indicated...Ch. 3.III - a. You are planning a party for your bowling...Ch. 3.III - Catalina Jewelers has 147.25 ounces of 14-carat...Ch. 3.III - a. What is the total cost of fuel for a 4,602 mile...Ch. 3.III - Ever Ready taxicabs charge 1.20 for the first 14...Ch. 3.III - You are the purchasing manager for Five Star...Ch. 3.III - 20. You are the manager of Rally Rent-a-car. A...Ch. 3.III - 21. You are a loan officer at the West Elm Savings...Ch. 3 - 1. As with fractions, ________ are a way of...Ch. 3 - The ________ ________ separates the whole number...Ch. 3 - 3. When rounding decimals, we delete all digits to...Ch. 3 - When rounding monetary amounts, we round to the...Ch. 3 - When adding or subtracting decimals, we begin by...Ch. 3 - 6. When adding or subtracting decimals, we work...Ch. 3 - 7. In the multiplication of decimals, the product...Ch. 3 - 8. When multiplying a decimal by a power of 10, as...Ch. 3 - When dividing decimals, the basic rule is that you...Ch. 3 - 10. When dividing a decimal by a power of 10, as a...Ch. 3 - When converting a decimal to a fraction, we...Ch. 3 - 12. To convert a fraction to a decimal, we divide...Ch. 3 - Write the following numbers in word form. .61Ch. 3 - Write the following numbers in word form. 34.581Ch. 3 - Write the following numbers in word form. $119.85Ch. 3 - Write the following numbers in word form.
4.
Ch. 3 - Write the following numbers in word form.
5.
Ch. 3 - Write the following numbers in numerical form.
6....Ch. 3 - Write the following numbers in numerical form.
7....Ch. 3 - Write the following numbers in numerical form.
8....Ch. 3 - Write the following numbers in numerical form.
9....Ch. 3 - Round the following numbers to the indicated...Ch. 3 - Round the following numbers to the indicated...Ch. 3 - Round the following numbers to the indicated...Ch. 3 - Round the following numbers to the indicated...Ch. 3 - Perform the indicated operation for the...Ch. 3 - Perform the indicated operation for the following....Ch. 3 - Perform the indicated operation for the following....Ch. 3 - Perform the indicated operation for the following....Ch. 3 - Prob. 18ATCh. 3 - Perform the indicated operation for the...Ch. 3 - Perform the indicated operation for the following....Ch. 3 - Perform the indicated operation for the following....Ch. 3 - Perform the indicated operation for the...Ch. 3 - Perform the indicated operation for the following....Ch. 3 - Perform the indicated operation for the...Ch. 3 - Perform the indicated operation for the...Ch. 3 - Convert the following decimals to fractions and...Ch. 3 - Convert the following decimals to fractions and...Ch. 3 - Convert the following fractions to decimals. Round...Ch. 3 - Convert the following fractions to decimals. Round...Ch. 3 - Convert the following fractions to decimals. Round...Ch. 3 - Gary Scott can buy a box of 40 Blu-ray discs for...Ch. 3 - Two Wheeler-Dealer Bike Shop has a 22-inch...Ch. 3 - The chief financial officer of Allied Corporation...Ch. 3 - 34. A spindle of 50 blank DVD discs costs $16.90....Ch. 3 - Liz Thorton has signed up for a one-semester class...Ch. 3 - At Magers Market, a 24-bottle case of spring water...Ch. 3 - 37. Maria Lopez shares an apartment with a friend....Ch. 3 - Ryan Miller wanted to make some money at a flea...Ch. 3 - 39. A cargo ship, The Caribbean Trader, has a...Ch. 3 - As the food manager for a local charity, you are...Ch. 3 - Prob. 41AT
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