bob4059

03.11.2020 • 

Mathematics

The amount of traffic in winter in Providence depends on whether it snows or not, and it snows with probability 1/3. With no snow, the time for a taxi to drive from Brown to the airport is exponentially distributed with a mean of 15 minutes. With snow, the travel time is exponentially distributed with a mean of 25 minutes. Given that it takes you 23 minutes to reach the airport, what is the probability that it is snowing?

Ответ:

Arealbot

27.02.2023

Mathematics

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$104.738

Step-by-step explanation:

Let's work out the stock plan first:

$2,000 - 7% in the first year = $1,860

$1,860 + 10% = $2,046 in the second year

Savings account:

$2,000 + 3.7% = $2,074 in the first year

$2,074 + 3.7% = $2,150.738 in the second year

The difference:

$2,150.738 - $2,046 = $104.738

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