A newsboy purchases papers at 10 cents and sells them at 15 cents. However, he is not allowed to return unsold papers. If his daily demand is a binomial random variable with n = 10, p = 1/3: (a) Suppose he buys k newspapers for some nonnegative integer k. What is the probability mass function of his profit? (b) How many papers should he purchase so as to maximize his expected profit?

Arestaurant chef made 1 1/2 jars of pasta sauce. each serving of pasta requires 1/2 of a jar of sauce. how many servings of pasta will the chef be bale to prepare using the sauce?

It is saturday morning and jeremy has discovered he has a leak coming from the water heater in his attic. since plumbers charge extra to come out on the weekends, jeremy is planning to use buckets to catch the dripping water. he places a bucket under the drip and steps outside to walk the dog. in half an hour the bucket is 1/5 of the way full. what is the rate at which the water is leaking per hour?

If p(a) = 0.70 and p(b) = 0.20, then a and b are independent events if