The sales tax rate in San Francisco, USA is 8.5%. For a given purchase, the amount of taxes paid is rounded to the nearest cent. Denote the rounding error by interval-0.5 to 0.5, where the rounding e...
The sales tax rate in San Francisco, USA is 8.5%. For a given purchase, the amount of taxes paid is rounded to the nearest cent. Denote the rounding error by interval-0.5 to 0.5, where the rounding error is the difference between the rounded value and the actual value. a. What is the probability that the rounding error is less than 0.2? OA. 0.7 O B. 0.3 O C. 0.2 O D. 0.5 OE. 0.8 and assume that it is uniform y distributed over the b. What is the probability that the rounding error is within 0.2 from the mean? OA. 0.5 ОВ. 0.4 ОС. 0.0 OD, 0.6 E. 0.3
The sales tax rate in San Francisco, USA is 8.5%. For a given purchase, the amount of taxes paid is rounded to the nearest cent. Denote the rounding error by interval-0.5 to 0.5, where the rounding error is the difference between the rounded value and the actual value. a. What is the probability that the rounding error is less than 0.2? OA. 0.7 O B. 0.3 O C. 0.2 O D. 0.5 OE. 0.8 and assume that it is uniform y distributed over the b. What is the probability that the rounding error is within 0.2 from the mean? OA. 0.5 ОВ. 0.4 ОС. 0.0 OD, 0.6 E. 0.3