Use the following information to answer the next two questions: A service station has a pump that distributes diesel fuel to automobiles. The station owner estimates that only about 4.8 cars use the diesel pump every 2 hours. What is the probability that 5 cars will arrive to use this pump during a two-hour period? O 65.1% O 32.24% O 13.5% O 22.26% O 17.5% QUESTION 32 What is the probability that one or no cars will arrive to use the diesel pump during a half-hour period? O 4.77% 49.3% O 66.26% O 30.12% 36.14%

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At races, your horse, White Rum, has a probability of 1/20 of coming 1st, 1/10 of coming 2nd and a probability of 1⁄4 in coming 3rd. First place pays $5,000 to the winner, second place $4,000 and third place $1,350.Hence, is it worth entering the race if it costs $1050?  Your company plans to invest in a particular project. There is a 40% chance you will lose $3,000, a 45% chance you will break even, and a 15% chance you will make $5,500. Based solely on this information, what should you do?  On 1st Jan 2006, a business had inventory of $19,000. During the month, sales totalled $32,500 and purchases $24,000. On 31st Jan 2006 a fire destroyed some of the inventory. The undamaged goods in inventory were valued at $11,000. The business operates with a standard gross profit margin of 30%. Based on this information, what is the cost of the inventory destroyed in the fire?

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