Most railroad cars are owned by individual railroad companies. When a car leaves its home railroad's trackage, it becomes part of a national pool of cars and can be used by other railroads. The rules governing the use of these pooled cars are designed to eventually return the car to the home trackage. A particular railroad found that each month 63% of its boxcars on the home trackage left to join the national pool and 67% of its boxcars in the national pool were returned to the home trackage. If these percentages remain valid for a long period of time, what percentage of its boxcars can this railroad expect to have on its home trackage in the long run? % (Round to the nearest tenth if necessary.) CELE

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
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Most railroad cars are owned by individual railroad companies. When a car leaves its home railroad's trackage, it becomes part of a national pool of cars and can be
used by other railroads. The rules governing the use of these pooled cars are designed to eventually return the car to the home trackage. A particular railroad found
that each month 63% of its boxcars on the home trackage left to join the national pool and 67% of its boxcars in the national pool were returned to the home trackage.
If these percentages remain valid for a long period of time, what percentage of its boxcars can this railroad expect to have on its home trackage in the long run?
% (Round to the nearest tenth if necessary.)
Transcribed Image Text:Most railroad cars are owned by individual railroad companies. When a car leaves its home railroad's trackage, it becomes part of a national pool of cars and can be used by other railroads. The rules governing the use of these pooled cars are designed to eventually return the car to the home trackage. A particular railroad found that each month 63% of its boxcars on the home trackage left to join the national pool and 67% of its boxcars in the national pool were returned to the home trackage. If these percentages remain valid for a long period of time, what percentage of its boxcars can this railroad expect to have on its home trackage in the long run? % (Round to the nearest tenth if necessary.)
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