The Fuel Cost, C, for a 3000 Mile Trip Depends

question 4

Short Answer

The fuel cost, C, for a 3000 mile trip depends on the price, p, per gallon of gasoline and fuel economy in miles per gallon, m, of the car according to the formula . What is the cost when p = $2.00 and m = 20?

Recognize the importance of addressing communication issues promptly and effectively.

Understand the basic concepts of probability, including independent and dependent events.

Calculate probabilities for single events.

Evaluate the probabilities of compound events using appropriate formulas.

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Definitions:

Ethanol

A renewable fuel made from various plant materials, used as an additive to gasoline to reduce emissions.

U.S. Gallons

A unit of volume measurement in the United States Customary system, different from the imperial gallon, used primarily for measuring liquids.

July Futures Contracts

Agreements to buy or sell an asset at a predetermined price at a specified time in July.

Silver

A precious metal used in jewelry, currency, and industrial applications due to its conductivity and malleability.