1. 20% of the items manufactured by a certain process are known to be defective. 18 items are chosen at random. a. how many would you expect to be defective? explain briefly what this means. b. find the probability that at least 4 are defective. give a numerical answer.

B has the least rate of increase, followed by A, and C has the greatest rate of increase.

We have,

The segments in order from the least to the greatest rate of increase in the water level are:

B, A, C.

Segment B has a constant rate of increase of 20 cm/min.

Segment A has a variable rate of increase that starts at 20 cm/min and decreases as the tank fills up.

Segment C has a variable rate of increase that starts at 20 cm/min and increases as the tank fills up.

Therefore,

B has the least rate of increase, followed by A, and C has the greatest rate of increase.

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C. The constant of proportionality between the diameter and circumference of a circle is pi.

The constant pi comes from the relationship between the diameter and circumference of a circle.

Constant of Proportionality

A constant of proportionality is a number that describes the ratio between 2 values. No matter the measurements of a circle, the constant of proportionality between a circumference and diameter is always the same. This means that the circumference divided by the diameter ≈ 3.14.

Pi

Pi is an irrational number that can be estimated but never completely solved. The value of pi can be used to complete many different calculations such as the area of a circle, and it is used in many different functions like sin. For this reason, pi is one of the most important constants in math.

The derivative of the given function with respect to x is:
f'(x) = e^(x^2 + 1) * (1 + 2x^2)

To find the derivative of the given function. Let's first rewrite the function for clarity: f(x) = x * e^(x^2 + 1).

To find the derivative f'(x) with respect to x, we'll apply the product rule since we have a product of two functions: x and e^(x^2 + 1). The product rule states that if you have a function f(x) = g(x) * h(x), then f'(x) = g'(x) * h(x) + g(x) * h'(x).

In this case, g(x) = x and h(x) = e^(x^2 + 1). First, let's find the derivatives g'(x) and h'(x):

g'(x) = d/dx (x) = 1
h'(x) = d/dx (e^(x^2 + 1)) = e^(x^2 + 1) * d/dx (x^2 + 1) = e^(x^2 + 1) * (2x)

Now, we can apply the product rule:

f'(x) = g'(x) * h(x) + g(x) * h'(x) = 1 * e^(x^2 + 1) + x * (e^(x^2 + 1) * 2x)

Simplifying the expression, we get:

f'(x) = e^(x^2 + 1) + 2x^2 * e^(x^2 + 1)

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The critical value for a right-tailed test of a population mean at α=0.10 level of significance with 20 degrees of freedom is 1.325.

The critical value for a left-tailed test of a population mean at the α=0.10 level of significance based on a sample size of n=15 is -1.345.

The critical value(s) for a two-tailed test of a population mean at the α=0.01 level of significance based on a sample size of n=11 is -2.718 and 2.718.

To find the critical values, we need to use a t-distribution table or a statistical software that provides the critical t-values for a specific level of significance and degrees of freedom.

For part (a), since it's a right-tailed test, the critical value will be positive, and we need to look for the t-value that corresponds to an area of 0.10 to the right of the mean in the t-distribution table. With 20 degrees of freedom, the critical value is 1.325.

For part (b), since it's a left-tailed test, the critical value will be negative, and we need to look for the t-value that corresponds to an area of 0.10 to the left of the mean in the t-distribution table. With 15 degrees of freedom, the critical value is -1.345.

For part (c), since it's a two-tailed test, we need to split the significance level equally between the two tails. We need to find the t-values that correspond to an area of 0.005 to the left of the mean and 0.005 to the right of the mean in the t-distribution table. With 11 degrees of freedom, the critical values are -2.718 and 2.718.

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The most appropriate decision for the company is to build a large supermarket and expand if demand turns out to be favorable.

Here is a decision tree for the given problem:

```

                Build Medium

                 /      \

       Average /        \ Favorable

              /          \

     NPV = $600K        Expand

                        /      \

              NPV = $330K  NPV = $610K

              75%            25%

                \          /

               Favorable / Unfavorable

                        /

                  NPV = $623K

                        \

                      High

                        \

                     NPV = $650K

                        /

           Stimulate / Not Stimulate

                  /       \

         Favorable / Unfavorable

                /           \

           NPV = $320K     NPV = -$20K

```

To determine the most appropriate decision, we will use the expected value approach. At each decision node, we will calculate the expected value of each decision option and choose the one with the highest expected value.

Starting from the top, the expected value of building a medium size supermarket is:

Expected value = (0.35 x $600K) + (0.65 x $623K) = $615,250

The expected value of building a large supermarket and not stimulating demand if it turns out to be average is:

Expected value = (0.35 x $100K) + (0.65 x $623K) = $403,250

The expected value of building a large supermarket and stimulating demand if it turns out to be average is:

Expected value = (0.35 x 0.2 x -$20K) + (0.35 x 0.8 x $320K) + (0.65 x $623K) = $394,850

The expected value of building a large supermarket and expanding if it turns out to be favorable is:

Expected value = (0.65 x 0.75 x $330K) + (0.65 x 0.25 x $610K) + (0.35 x $623K) = $473,125

The expected value of building a large supermarket if it turns out to be high is:

Expected value = $650K

Comparing all the expected values, we see that building a large supermarket and expanding if demand turns out to be favorable has the highest expected value of $473,125. Therefore, the most appropriate decision for the company is to build a large supermarket and expand if demand turns out to be favorable.

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When researchers record how much of an experimental medication is in a person's bloodstream every hour, they are measuring the medication's concentration over time. This information is important because it can help determine the medication's effectiveness and potential side effects.

The half-life of a medication is the time it takes for half of the drug to be eliminated from the body. In this case, the half-life of the experimental medication is about 6 hours.

Knowing the half-life of a medication is important because it can help predict how long it will take for the drug to be eliminated from the body and when the next dose should be administered. For example, if a medication has a half-life of 6 hours, it means that after 6 hours, half of the medication will be eliminated from the body.

After another 6 hours, half of the remaining medication will be eliminated, and so on.
By monitoring the concentration of the medication in a person's bloodstream every hour, researchers can determine how quickly the drug is being absorbed and eliminated from the body. z

This information can help optimize dosing and minimize potential side effects. Overall, understanding the pharmacokinetics of a medication is crucial for safe and effective use in clinical practice.

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The probability of getting strawberry is 11/60. The correct option is d.

To determine the probability of getting strawberry, we need to consider the probabilities of all the possible flavors and calculate the probability of strawberry using the information given.

Given probabilities:

Probability of getting cherry = 1/5

Probability of getting orange = 1/4

Probability of getting lemon = 1/3

Since there are only four flavors in total, we can calculate the probability of getting strawberry by subtracting the sum of the probabilities of cherry, orange, and lemon from 1.

Probability of getting strawberry = 1 - (1/5 + 1/4 + 1/3)

To simplify the calculation, we find a common denominator for 5, 4, and 3, which is 60.

Probability of getting strawberry = 1 - (12/60 + 15/60 + 20/60)

                                 = 1 - 47/60

                                 = 13/60

Therefore, the probability of getting strawberry is indeed 13/60, which corresponds to option d) 11/60 in the given list of options.

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Claude purchased 3 hardback books

What is the meaning of purchase?

Purchase refers to the act of buying or acquiring a product, service, or other item in exchange for money or some other form of payment. Purchases can be made by individuals, businesses, or other organizations, and can be made in a variety of ways, including online, in-store, or through a third-party vendor.

Let's assume that Claude purchased x paperback books and y hardback books.

From the problem statement, we can set up a system of two equations to represent the information given,

x + y = 10 (the total number of books Claude purchased is 10)

3x + 8y = 45 (the total cost of the books Claude purchased is $45)

We can use the first equation to solve for x in terms of y:

x = 10 - y

Substituting this into the second equation,

3(10 - y) + 8y = 45

Simplifying the equation,

30 - 3y + 8y = 45

5y = 15

y = 3

Therefore, Claude purchased 3 hardback books. To find the number of paperback books, we can use the equation we derived earlier:

x = 10 - y = 10 - 3 = 7

So, Claude purchased 7 paperback books and 3 hardback books.

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The approximate area of the regular decagon, rounded to the nearest hundredth, is 190.78 square units.

To find the area of a regular decagon with an apothem of 6.2 units, we can use the formula:

Area = (1/2) × apothem × perimeter

To find "s", we can use the fact that a regular decagon can be divided into 10 congruent triangles, where each triangle has an interior angle of 144 degrees. We can use trigonometry to find the length of the side "s" using one of these triangles:

Now we can find the perimeter of the decagon:

Finally, we can substitute the apothem and perimeter into the formula to find the area:

Rounding to the nearest hundredth, the area of the regular decagon is approximately 190.78 square units.

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If Mateo jogged 25 9/10 miles last week and jogged the same course all 7 days, then he jogged an average of (25 9/10) / 7 = 3 11/14 miles per day.

To convert this mixed number to an improper fraction, we can multiply the whole number by the denominator of the fraction and add the numerator, then place the result over the denominator:

3 * 14 + 11 = 53

53/14

So, Mateo jogged an average of 53/14 miles per day last week

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The button's area is approximately 50.27 square centimeters.

To find the area of the button, we need to know the diameter of the button. We can find this by using the formula for circumference of a circle:

C = πd

where C is the circumference and d is the diameter.

Substituting the given value for C:

25.12 cm = πd

Solving for d:

d = 25.12 cm / π

d ≈ 8 cm

Now that we know the diameter, we can use the formula for area of a circle:

A = πr^2

where r is the radius (half the diameter).

Substituting the value for d:

r = d/2 = 4 cm

Substituting this value into the formula:

A = π(4 cm)^2

A ≈ 50.27 cm^2

Therefore, the button's area is approximately 50.27 square centimeters.

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Answer:

I think the answer is 8d + 4.

Step-by-step explanation:

Combine the like terms, 6d + 2d = 8d. 6 - 2 = 4.

The angle that the lengths of ropes make with the ceiling is 90 degrees.

To determine the angle that the lengths of ropes make with the ceiling for an object with a weight of 100 N suspended by two ropes with equal tension of 50 N, we can follow these steps:

1. Understand that the vertical forces must balance, meaning the sum of the vertical components of tension in each rope must equal the object's weight.

2. Recognize that the vertical component of tension in each rope can be calculated using the sine function and the angle, θ, between the rope and the ceiling: T_vertical = T * sin(θ).

3. Set up an equation using the information provided: 2 * (50 N * sin(θ)) = 100 N, where θ is the angle we want to find.

4. Simplify the equation: 100 * sin(θ) = 100 N.

5. Divide both sides by 100: sin(θ) = 1.

6. Find the inverse sine (also known as arcsin) of 1: θ = arcsin(1).

7. Calculate the angle: θ = 90 degrees.

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To set up an equation to show the total amount, we can use the formula for compound interest:

A = P(1 + r/n)^nt

Where:

A = the total amount
P = the principal (initial investment)
r = the interest rate
n = the number of times the interest is compounded per year
t = the time period (in years)

For the investment at Citibank:

P = $400
r = 3%
n = 1 (compounded annually)
t = 1 (since it is compounded annually)

So, the equation would be:

A1 = $400(1 + 0.03/1)^(1*1)
A1 = $412

For the investment at the second bank:

P = $400
r = 4.2%
n = ∞ (compounded continuously)
t = 1 (since it is for 1 year)

So, the equation would be:

A2 = $400e^(0.042*1)
A2 = $416.99

To find the total amount, we can add the two amounts together:

Total amount = A1 + A2
Total amount = $412 + $416.99
Total amount = $828.99

Therefore, Talissa's total amount after one year with the two investments is $828.99.

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A. The area decreases by a factor of about 0.6565 after 10 years. B. The area decreases by a factor of about 0.0197 each month.

A. To find the factor by which the area decreases after 10 years, we need to compare the initial area (at t=0) to the area after 10 years (at t=10). We can use the formula for A(t) to calculate these values:

A(0) = 11 square kilometers (initial area)

A(10) = 11 ×(0.98)¹⁰ ≈ 7.22 square kilometers (area after 10 years)

The factor by which the area decreases after 10 years is the ratio of A(10) to A(0):

A(10) / A(0) ≈ 7.22 / 11 ≈ 0.6565

So the area decreases by a factor of about 0.6565 after 10 years.

B. To find the factor by which the area decreases each month, we need to first find the annual rate of decrease, and then convert it to a monthly rate. We know that the area decreases by 2 percent each year, so the annual rate of decrease is 0.02. To find the monthly rate of decrease, we can use the formula:

r = (1 + i)^(1/n) - 1

where:

r is the monthly rate of decrease

i is the annual rate of decrease (0.02 in this case)

n is the number of months in a year (12)

Plugging in the values, we get:

r = (1 + 0.02)^(1/12) - 1 ≈ 0.00165

So the area decreases by a factor of approximately:

(1 - r)¹² ≈ (1 - 0.00165)¹² ≈ 0.0197 each month. Therefore, the area decreases by a factor of about 0.0197 each month.

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To evaluate the expression 37 * arcsin(sin(-3π/8)), follow these steps:

1. First, identify the expression: 37 * arcsin(sin(-3π/8))
2. Calculate the value of sin(-3π/8) using the sine function: sin(-3π/8)
3. Apply the arcsin function to the result from step 2: arcsin(sin(-3π/8))
4. Multiply the result from step 3 by 37: 37 * arcsin(sin(-3π/8))

Let's solve each step:

2. sin(-3π/8) = -0.3826834324 (rounded to 10 decimal places)

3. arcsin(-0.3826834324) = -π/8 (in exact form, since the input is the sine of a known angle)

4. 37 * (-π/8) = -37π/8

So, the expression 37 * arcsin(sin(-3π/8)) evaluates to -37π/8 in exact form.

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The measure of angle PQR is 90 degrees.

Since PR is the diameter of the circle, it follows that angle POR is a right angle, i.e., it measures 90 degrees.

By the inscribed angle theorem, the measure of angle PQR is half the measure of angle POR. Thus,

angle PQR = 1/2 * angle POR

= 1/2 * 90

= 45 degrees.

However, this is not the final answer since angle PQR is not a stand-alone angle, but rather a part of a right-angled triangle PQR.

Since the three angles in a triangle add up to 180 degrees, and we already know that angle PQR is 45 degrees, it follows that:

angle PRQ + angle PQR + angle QPR = 180 degrees

Since angle PQR = 45 degrees, we have:

angle PRQ + 45 + angle QPR = 180 degrees

Rearranging, we get:

angle PRQ + angle QPR = 135 degrees

Since angles PRQ and QPR are complementary angles (together they form a right angle), their sum is 90 degrees. Therefore,

angle PRQ + angle QPR = 90 degrees

Substituting this into the previous equation, we get:

90 degrees = 135 degrees

This is a contradiction, and hence our assumption that angle PQR measures 45 degrees is false.

Therefore, we conclude that angle PQR must measure 90 degrees, since it is the only angle that can satisfy the given conditions.

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the ∠sqr is 4y= 4*29=116° we can get this answer with supplementary angle fact and  sum of angle in triangle is 180 degree

what is supplementary angle ?

In geometry, two angles are called supplementary angles if their sum is equal to 180 degrees. In other words, if angle A and angle B are supplementary, Supplementary angles are commonly found in many geometric shapes, such as triangles and quadrilaterals, as well as in other applications of geometry. When two angles are supplementary, they form a straight line or a straight angle, which is an angle that measures exactly 180 degrees. For example, if one angle of a triangle measures 80 degrees, then the other two angles are supplementary and together measure 100 degrees (180 degrees - 80 degrees).

In the given question,

with the fact of complimentary angles we can write as follows

angle trq+ angle qrs  =180

angle qrs=180-145=35 degree

so in triangle we have sum of all angle is 180 degree so we can write as follows

∠r+∠q+∠s=180

35+4y+y=180

5y=180-35

y=145/5

y=29 degree

so the ∠sqr is 4y= 4*29=116°

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Answer:

=Briefly, days are longest at the time of the summer solstice in December and the shortest at the winter solstice in June. At the two equinoxes in March and September the length of the day is about 12 hours, a mean value for the year.

Step-by-step explanation:

Answer:Briefly, days are longest at the time of the summer solstice in December and the shortest at the winter solstice in June. At the two equinoxes in March and September the length of the day is about 12 hours, a mean value for the year.

Step-by-step explanation:

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Step-by-step explanation:

Sam increase the amount of protein she eats by a percentage of 30%.

To find the percentage increase, we can use the formula: (change in amount / original amount) x 100%.

Percentage is a way to express a number as a fraction of 100. It is a convenient method for comparing ratios or proportions because it standardizes them to a common denominator of 100. In this case, we want to find the percentage increase in Sam's daily protein consumption.

First, we need to determine the change in amount. This can be found by subtracting the original amount from the new amount: 58.5g - 45g = 13.5g.

Next, we'll divide the change in amount by the original amount: 13.5g / 45g = 0.3. To express this as a percentage, we'll multiply by 100: 0.3 x 100% = 30%.

Therefore, Sam increased her daily protein intake by 30%. This percentage helps us understand the relative change in her protein consumption compared to her initial intake.

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Answer: 1 cups of nuts : 1 1/2 cups of raisins

Step-by-step explanation:

The initial number is approximately 7.33.

Let's call the initial number "x".

According to the problem, the first step is to write 2 to the right of the number: this gives us the number 10x + 2.

-The next step is to add 14 to this number, which gives us:

10x + 2 + 14 = 10x + 16

-Then we write 3 to the right of this number, giving:

100x + 16 + 3 = 100x + 19

-And finally, we add 52 to this number:

100x + 19 + 52 = 100x + 71

Dividing this final number by 60 gives a quotient that is 6 greater than the initial number and a remainder that is a two-digit number with both digits the same as the initial number.

-So we have the equation:

(100x + 71) ÷ 60 = x + 6 + 0.01x

-We want to solve for x, so we first multiply both sides by 60:

100x + 71 = 60(x + 6 + 0.01x)

-Simplifying the right-hand side:

100x + 71 = 60x + 360 + 0.6x

Combining like terms:

39.4x =289

Dividing both sides by 39.4:

x =7.33

Therefore, the initial number is approximately 7.33.

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The numerical value of the two-sample t-statistic for this test is 0.414 . So, the correct option is A).

To determine if there is a significant difference in the mean bacterial concentration in air between carpeted and uncarpeted rooms, the two-sample t-test can be used.

First, we need to calculate the sample means and standard deviations for each group. The sample mean for the carpeted rooms is 22.0 with a standard deviation of 184, while the sample mean for the uncarpeted rooms is 16.9 with a standard deviation of 175.

Next, we can calculate the t-statistic using the formula

t = (x1 - x2) / (s1^2/n1 + s2^2/n2)^0.5

where x1 and x2 are the sample means, s1 and s2 are the sample standard deviations, and n1 and n2 are the sample sizes.

Plugging in the values, we get

t = (22.0 - 16.9) / ((184^2/7 + 175^2/7)^0.5) = 0.414

Comparing the calculated t-value with the critical t-value for a two-tailed test with 12 degrees of freedom at a 0.05 significance level, we find that the critical t-value is 2.179. Since the calculated t-value is less than the critical t-value, we fail to reject the null hypothesis and conclude that there is no significant difference in the mean bacterial concentration in air between carpeted and uncarpeted rooms.

So, the correct answer is A).

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The first option is correct. There is no significant difference in the purchasing patterns across career types

In order for a dataset to be a valid representation of the total population, it needs to be collected in a way that ensures that it is a fair and accurate sample of the population.

One way to ensure this is through random sampling, where individuals are selected to participate in the study without any bias or preconceived notions about their characteristics. This helps to reduce the potential for selection bias and ensures that the sample is representative of the larger population.

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The given infinite series diverges.

Let f(x) = -5/x. Then, we can see that f(x) is a continuous, positive, and decreasing function for x ≥ 1. Now, we can apply the integral test to determine whether the series converges or diverges.

∫₅^∞ -5/x dx = -5 ln(x) |₅^∞ = -∞

Since the improper integral diverges, by the integral test, the infinite series also diverges.

To apply the integral test, we need to verify the following conditions:

f(x) is a continuous, positive, and decreasing function for x ≥ 1.

The series Σ aₙ and the integral ∫₁^∞ f(x) dx have the same convergence behavior.

Let f(x) = -5/x. Then, f(x) is a continuous function for x ≥ 1. Furthermore, f(x) is positive and decreasing because its derivative is f'(x) = 5/x² > 0 for x ≥ 1.

We can evaluate the integral ∫₁^∞ f(x) dx as follows:

∫₁^∞ -5/x dx = -5 ln(x) |₁^∞ = -∞

Since the improper integral diverges, the series Σ -5/n also diverges by the integral test.

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The area of ΔDEF, to the nearest 10th of a square inch, is approximately 1439.1 square inches.

To find the area of ΔDEF with given values e = 67 inches, ∠F = 37°, and ∠D = 70°, follow these steps:

Find ∠E using the Triangle Sum Theorem (the sum of the angles in a triangle is always 180°).
∠E = 180° - (∠F + ∠D) = 180° - (37° + 70°) = 180° - 107° = 73°

Use the Law of Sines to find side d.
(sin ∠F) / d = (sin ∠E) / e
(sin 37°) / d = (sin 73°) / 67 inches

Solve for side d.
d = (67 inches * sin 37°) / sin 73°
d ≈ 44.7 inches

Use the formula for the area of a triangle with two sides and the included angle.
Area = 0.5 * d * e * sin ∠D
Area = 0.5 * 44.7 inches * 67 inches * sin 70°
Area ≈ 1439.1 square inches

Thus, the area of ΔDEF, to the nearest 10th of a square inch, is approximately 1439.1 square inches.

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The probability that the word so formed starts with M is 1/6, and the probability that it starts with M and ends with E is 1/30.

i) To find the probability that the word starts with M, we need to consider the total number of possible arrangements of the letters and the number of arrangements that start with M. The word "MOBILE" has 6 letters, so there are 6! = 720 possible arrangements of the letters. To find the number of arrangements that start with M, we can fix the M in the first position and arrange the remaining 5 letters in the remaining positions, which gives us 5! = 120 arrangements. Therefore, the probability that the word starts with M is:

P(starts with M) = number of arrangements that start with M / total number of arrangements

= 120 / 720

= 1/6

ii) To find the probability that the word starts with M and ends with E, we can fix the M in the first position and the E in the last position, and then arrange the remaining 4 letters in the remaining positions. This gives us 4! = 24 arrangements. Therefore, the probability that the word starts with M and ends with E is:

P(starts with M and ends with E) = number of arrangements that start with M and end with E / total number of arrangements

= 24 / 720

= 1/30

Thus, the probability that the word so formed starts with M is 1/6, and the probability that it starts with M and ends with E is 1/30.

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Jade rides 1.275 miles before stopping for a water break.

To solve this problem, we need to multiply the length of the trail by the fraction representing the portion of the trail that Jade rides.

First, we need to convert the mixed number 5 1/10 into an improper fraction. We do this by multiplying the whole number (5) by the denominator of the fraction (10) and adding the numerator (1). This gives us 51/10.

Next, we multiply 51/10 by 1/4 to find the fraction of the trail that Jade rides before stopping for a water break:

(51/10) x (1/4) = 51/40

To convert this fraction into a decimal, we divide the numerator by the denominator:

51 ÷ 40 = 1.275

Therefore, Jade rides 1.275 miles before stopping for a water break.

In summary, to find how many miles Jade rides before stopping, we convert the mixed number representing the length of the trail into an improper fraction, multiply it by the fraction representing the portion of the trail that Jade rides, and then convert the resulting fraction into a decimal to get our answer.

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The given question is incomplete, the complete question is given

"  Full Boat Manufacturing has projected sales of $115 million next year. Costs are expected to be $67 million and net investment is expected to be $12 million. Each of these values is expected to grow at 14 percent the following year, with the growth rate declining by 2 percent per year until the growth rate reaches 6 percent, where it is expected to remain indefinitely. There are 5.5 million shares of stock outstanding and investors require a return of 13 percent on the company’s stock. The corporate tax rate is 21 percent.

What is your estimate of the current stock price?

The estimate of the current stock price is $13.11 per share.

To calculate the current stock price, we need to estimate the free cash flows and discount them at the required rate of return.

First, we determine the firm's free cash flow (FCFF) for the following year.

FCFF = Sales - Costs - Net Investment*(1-t)

= $115 million - $67 million - $12 million*(1-0.21)

= $31.02 million

Now, we will calculate the expected growth rate in FCFF

g = (FCFF Year 2 / FCFF Year 1) - 1

FCFF Year 2 = FCFF Year 1 × (1 + g)

g = (FCFF Year 2 / FCFF Year 1) - 1

= (FCFF Year 1 × (1 + 0.14) × (1 - 0.02) / FCFF Year 1) - 1

= 0.12

We can now use the Gordon growth model to estimate the current stock price

Current stock price = FCFF Year 1 × (1 + g) / (r - g)

r = required rate of return.

Current stock price = $31.02 million × (1 + 0.12) / (0.13 - 0.12)

= $72.13 million

Finally, we divide the current stock price by the number of shares outstanding to get an estimate of the current stock price per share:

Current stock price per share = $72.13 million / 5.5 million

= $13.11 per share

Therefore, the estimate of the current stock price is $13.11 per share.

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