Question

In: Statistics and Probability

A pizza restaurant sold 24 cheese pizzas and 16 specialty pizzas for a particular day. 14...

A pizza restaurant sold 24 cheese pizzas and 16 specialty pizzas for a particular day. 14 of the cheese pizzas were sold to familiies with young children. 6 of the specialty pizzas were sold to familiies with young children. If a pizza was selected at random, what is the probability it was a specialty pizza or a pizza sold to a family without young children?

Select one:

a. 20/40 = 1/2

b. 26/40 = 13/20

c. 6/40 = 3/20

d. 16/40 = 2/5

Solutions

Expert Solution

Solution:

Given:

A pizza restaurant sold 24 cheese pizzas and

16 specialty pizzas for a particular day.

14 of the cheese pizzas were sold to families with young children.

6 of the specialty pizzas were sold to families with young children.

Thus we get following two way frequency table:

Young Children Without Young Children Total
Cheese pizzas 14 =24-14 = 10 24
Specialty pizzas 6 =16- 6 = 10 16
Total 20 20 N = 40

If a pizza was selected at random, what is the probability it was a specialty pizza or a pizza sold to a family without young children?

P( specialty pizza or a pizza sold to a family without young children) =................?

Thus using addition rule:

P(specialty pizza or without young children)

=P(specialty pizza)+P(without young children)-P(specialty pizza & without young children)

=Total of specialty pizza / N + Total of without young children / N - Number specialty pizza sold to without young children / N

=16 / 40 + 20 / 40 - 10 / 40

= ( 16+20-10) / 40

= 26 / 40

= 13 / 20

Thus

P(specialty pizza or without young children) = 26 / 40 or 13/20

thus correct answer is: b. 26/40 = 13/20


Related Solutions

A pizza restaurant sold 24 cheese pizzas and 16 specialty pizzas for a particular day. 14...
A pizza restaurant sold 24 cheese pizzas and 16 specialty pizzas for a particular day. 14 of the cheese pizzas were sold to familiies with young children. 6 of the specialty pizzas were sold to familiies with young children. If a pizza was selected at random, what is the probability it was a cheese pizza sold to a family without young children?
Milano Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a...
Milano Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a debt–equity ratio of 30 percent and makes interest payments of $55,000 at the end of each year. The cost of the firm’s levered equity is 15 percent. Each store estimates that annual sales will be $1.58 million; annual cost of goods sold will be $810,000; and annual general and administrative costs will be $545,000. These cash flows are expected to remain the same forever....
Milano Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a...
Milano Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a debt–equity ratio of 30 percent and makes interest payments of $47,000 at the end of each year. The cost of the firm’s levered equity is 22 percent. Each store estimates that annual sales will be $1.42 million; annual cost of goods sold will be $730,000; and annual general and administrative costs will be $465,000. These cash flows are expected to remain the same forever....
Pompeii Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a...
Pompeii Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a debt-equity ratio of 30 percent and makes interest payments of $43,000 at the end of each year. The cost of the firm’s levered equity is 16 percent. Each store estimates that annual sales will be $1.29 million; annual cost of goods sold will be $750,000; and annual general and administrative costs will be $410,000. These cash flows are expected to remain the same forever....
Pompeii Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a...
Pompeii Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a debt-equity ratio of 35 percent and makes interest payments of $61,000 at the end of each year. The cost of the firm’s levered equity is 18 percent. Each store estimates that annual sales will be $1.56 million; annual cost of goods sold will be $840,000; and annual general and administrative costs will be $500,000. These cash flows are expected to remain the same forever....
Pompeii Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a...
Pompeii Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a debt-equity ratio of 45 percent and makes interest payments of $51,000 at the end of each year. The cost of the firm’s levered equity is 16 percent. Each store estimates that annual sales will be $1.41 million; annual cost of goods sold will be $790,000; and annual general and administrative costs will be $450,000. These cash flows are expected to remain the same forever....
Pompeii Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a...
Pompeii Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a debt-equity ratio of 40 percent and makes interest payments of $45,000 at the end of each year. The cost of the firm’s levered equity is 18 percent. Each store estimates that annual sales will be $1.32 million; annual cost of goods sold will be $760,000; and annual general and administrative costs will be $420,000. These cash flows are expected to remain the same forever....
Pompeii Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a...
Pompeii Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a debt-equity ratio of 45 percent and makes interest payments of $47,000 at the end of each year. The cost of the firm’s levered equity is 16 percent. Each store estimates that annual sales will be $1.35 million; annual cost of goods sold will be $770,000; and annual general and administrative costs will be $430,000. These cash flows are expected to remain the same forever....
Pompeii Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a...
Pompeii Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a debt-equity ratio of 45 percent and makes interest payments of $59,000 at the end of each year. The cost of the firm’s levered equity is 16 percent. Each store estimates that annual sales will be $1.53 million; annual cost of goods sold will be $830,000; and annual general and administrative costs will be $490,000. These cash flows are expected to remain the same forever....
A pizza restaurant monitors the size (measured by the diameter) of the 10-inch pizzas that it...
A pizza restaurant monitors the size (measured by the diameter) of the 10-inch pizzas that it prepares. Pizza crusts are made from doughsthat are prepared and prepackaged in boxes of 15 by a supplier. Doughsare thawed and pressed in a pressing machine. The toppings are added, and the pizzas are baked. The wetness of the doughsvaries from box to box, and if the dough is too wet or greasy, it is difficult to press, resulting in a crust that is...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT